International Business News - BRKA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Billionaire Warren Buffett has given away 512,169 Class B shares of Berkshire Hathaway Inc. stock to three charitable foundations in keeping with his plan to give away the bulk of his fortune. http://www.ibtimes.com/articles/20080707/billionaire-warren-buffett-gives-stock-to-charity.htm Mon, 07 Jul 2008 20:05:36 EDT A Chinese investment fund manager's bid for the chance to have lunch with billionaire Warren Buffett was the largest ever in a charity auction on eBay and surprised even Buffett. http://www.ibtimes.com/data/articleimgs/83412-buffett-lunch.jpg http://www.ibtimes.com/articles/20080701/buffett-is-amazed-his-lunch-drew-a-2-1m-bid.htm http://www.ibtimes.com/articles/20080701/buffett-is-amazed-his-lunch-drew-a-2-1m-bid.htm Tue, 01 Jul 2008 14:45:39 EDT The American Insurance Association, which represents 350 major property and casualty insurance companies, spent $460,000 in the first quarter to lobby the federal government. http://www.ibtimes.com/articles/20080630/insurers-group-spent-460-000-lobbying-in-1q.htm Mon, 30 Jun 2008 12:29:21 EDT A Chinese investment fund manager won the chance to have lunch with billionaire Warren Buffett by bidding $2.1 million in the most expensive charity auction ever held on eBay. http://www.ibtimes.com/articles/20080628/lunch-with-buffett-will-cost-more-than-2-million.htm Sat, 28 Jun 2008 23:19:48 EDT It will cost at least $300,100 to have lunch with investor Warren Buffett this year. That's less than half of the $650,100 two investors paid last year to have lunch with Berkshire Hathaway Inc.'s chairman and chief executive. But several hours remain before the eBay auction closes Friday evening at 7 PDT. http://www.ibtimes.com/articles/20080627/lunch-with-buffett-will-cost-at-least-300-100.htm Fri, 27 Jun 2008 16:00:56 EDT Billionaire Warren Buffett has already said he thinks the U.S. economy is in a recession, and now he says the economy is getting worse. Buffett told CNBC in a live interview Wednesday that all the data he sees from Berkshire Hathaway Inc. subsidiaries shows the economy weakening. http://www.ibtimes.com/articles/20080625/buffett-the-economy-and-inflation-are-worsening.htm Wed, 25 Jun 2008 16:45:36 EDT It's anyone's guess how high the bidding will go this year when the chance to have lunch with investor Warren Buffett is put up for sale. The online bidding begins at $25,000 on Sunday evening. A year ago, two investors paid $650,100 for the chance to have lunch with the chairman and chief executive of Berkshire Hathaway Inc. http://www.ibtimes.com/articles/20080622/auction-of-lunch-with-warren-buffett-starts-sunday.htm Sun, 22 Jun 2008 18:38:10 EDT Warren Buffett's timing is once again impeccable. His six-month-old bond insurance business will likely be the primary beneficiary of the latest credit rating downgrades on Ambac Financial Group Inc. and MBIA Inc. http://www.ibtimes.com/articles/20080620/buffetts-bond-insurer-may-profit-from-rating-cuts.htm Fri, 20 Jun 2008 17:38:34 EDT Franklin Otis Booth Jr., a member of the founding family of the Los Angeles Times, has died. He was 84. Booth, a great-grandson of newspaper founder Gen. Harrison Gray Otis, died Sunday at his home in Los Angeles from complications of Lou Gehrig's disease, his family told the paper. http://www.ibtimes.com/articles/20080617/franklin-booth-member-of-la-times-founding-family-dies.htm Tue, 17 Jun 2008 18:43:44 EDT Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, was quoted in an interview published Sunday as saying the U.S. economy is already in a recession. http://www.ibtimes.com/articles/20080526/report-warren-buffett-sees-us-already-in-recession.htm Mon, 26 May 2008 07:17:37 EDT Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, was quoted in an interview published Sunday as saying the U.S. economy is already in a recession. http://www.ibtimes.com/articles/20080525/report-buffet-sees-us-in-recession.htm Sun, 25 May 2008 13:19:22 EDT Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, said in an interview published Sunday he believes the U.S. economy is already in a recession. http://www.ibtimes.com/data/articleimgs/54828-spain-warren-buffett.jpg http://www.ibtimes.com/articles/20080525/report-buffet-sees-us-in-recession.htm http://www.ibtimes.com/articles/20080525/report-buffet-sees-us-in-recession.htm Sun, 25 May 2008 12:54:25 EDT Bidders on eBay will have the chance to win lunch with billionaire Warren Buffett next month. Last year, two investors paid $650,100 for the chance to have lunch with the chairman and CEO of Berkshire Hathaway Inc. http://www.ibtimes.com/articles/20080521/bidding-on-meal-with-warren-buffett-begins-june-22.htm Wed, 21 May 2008 10:39:31 EDT Major business events and economic events scheduled for Tuesday: WASHINGTON _ Labor Department reports on producer price index for April, 8:30 a.m. http://www.ibtimes.com/articles/20080519/calendar-of-business-events-for-tuesday.htm Mon, 19 May 2008 13:22:34 EDT Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, embarked on a European "deferred shopping tour" Monday, looking for possible acquisitions for his Berkshire Hathaway Inc. http://www.ibtimes.com/articles/20080519/buffet-takes-european-tour.htm Mon, 19 May 2008 13:17:00 EDT Billionaire investor Warren Buffett's Berkshire Hathaway Inc. reported Thursday that it eliminated its stake in Ameriprise Financial Inc. and is cutting its stake in Iron Mountain Inc., while raising its stakes in Kraft Foods Inc. and Burlington Northern Santa Fe Inc. http://www.ibtimes.com/articles/20080515/buffetts-berkshire-eliminates-stake-in-ameriprise.htm Thu, 15 May 2008 17:26:19 EDT Billionaire Charlie Munger said Wednesday investors should lower their expectations because the economic conditions many people used to build wealth over the past three decades aren't likely to be repeated. http://www.ibtimes.com/articles/20080507/berkshires-munger-says-investors-should-lower-expectations.htm Wed, 07 May 2008 20:02:07 EDT Warren Buffett's comments on the investment outlook usually resonate, and those over the weekend were no exception: Panic in financial markets may be through, but that doesn't means it's the end of the economic and credit woes. http://www.ibtimes.com/articles/20080506/all-business-buffett-says-economic-and-credit-woes-linger.htm Tue, 06 May 2008 12:59:18 EDT Billionaires Warren Buffett and Charlie Munger say the pain many financial institutions are feeling because of the credit crunch is well deserved. The chairman and vice chairman of Berkshire Hathaway Inc. said Sunday that the financial companies that engineered subprime mortgages don't deserve much sympathy as they record losses now. http://www.ibtimes.com/articles/20080504/buffett-munger-say-many-financial-companies-deserve-pain.htm Sun, 04 May 2008 18:41:21 EDT After ConAgra Foods' board slashed the company's dividend by 34 percent as part of a restructuring plan, a few shareholders suggested the board should also feel the pain and slash its own pay by roughly one-third. http://www.ibtimes.com/articles/20080504/corporate-boards-pay-grows-with-workload-regulations.htm Sun, 04 May 2008 13:52:07 EDT