Earlier on Tuesday, in an opinion piece published by USA Today, Buffett, Blankfein, Bloomberg and Harvard Business School professor Michael Porter called for reduced regulatory burdens and increased transparency in borrowing.
Shares of Apple rose 3.7 percent on the news, closing up $3.36 at $93.88. Berkshire made its investment in the first quarter, before the iPhone maker in April reported its first quarterly revenue decline in 13 years.
Warren Buffett's Berkshire Hathaway Inc revealed a more than $1 billion stake in Apple Inc , a rare foray into the technology sector that the billionaire has largely shunned, apart from a poorly performing investment in IBM.
Warren Buffett, the CEO of Berkshire Hathaway Inc, is known for his keen eye for a bargain. And there were plenty on offer for shareholders attending Berkshire's annual meeting over the weekend, where goods from some 50 Berks
Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's an
The huge Facebook CEO Mark Zuckerberg donation totaling perhaps $45 billion, reflects the emergence of a new Gilded Age of giving. The changes excite many in the charity world but also raise questions about effectiveness, eth
InterGlobe IPO has been a big success, having managed to garner Rs 3,010 crore and in the process proved legendary investor Warren Buffett wrong, at least about business views on investing in airlines.
Billionaire investor Warren Buffett on Tuesday praised the presidential campaign of self-proclaimed socialist Bernie Sanders, even though Buffett said he still backs Democratic frontrunner Hillary Clinton.
Warren Buffett's Berkshire Hathaway Inc's $37 billion deal for aerospace supplier Precision Castparts Corp is encouraging investors to consolidate the fragmented aircraft components industry, even as Boeing Co uses its clout
Billionaire investor Warren Buffett's company Berkshire Hathaway has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business in
Warren Buffett's Berkshire Hathaway Inc said on Friday its second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance operations, which include Geico.
Be it legendary investor Warren Buffett or the infamous ponzi operator Bernie Madoff, both have become examples in court proceedings of a USD 350-million lawsuit seeking attachment of the crisis-ridden Indian group Sahara's t