NEW YORK

Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK.B) dumped its shares of Intel Corporation (Nasdaq: INTC) last quarter and cut its stake in The Procter & Gamble Company (NYSE: PG) while boosting its exposure to oil refining and oil services.

U.S. homebuilder confidence rose in August to the highest level since February 2007 as more buyers entered the market, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

Add "The Bourne Legacy" star Jeremy Renner to the list of celebrities who find the Kardashian family to be extremely annoying

Fans lined up overnight to feast their eyes on newly single Robert Pattinson. The "Cosmopolis" and "Twilight" star made his second TV appearance post the Kristen Stewart Rupert Sanders cheating scandal on ABC's "Good Morning America" on Wednesday.

India Wednesday celebrated its 66th Independence Day with gaiety and fervor. The celebrations were held in offices, colleges and schools across the country with cultural programs.

Standard Chartered Plc will pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its shareholders.

Robert Pattinson helped ring the bell at the New York Stock exchange Tuesday morning with director David Cronenberg to promote their new film “Cosmopolis,” proving to the world, or at least the New York Stock Exchange, that he’s moved on from Kristen Stewart. It was the 26-year-old “Twilight” star’s second appearance in public since tabloids broke the news that Pattinson’s girlfriend, Stewart, had been having an affair with her director, Rupert Sanders.

British model Alexa Chung suffered a rather embarrassing wardrobe malfunction while riding her bike in the streets of New York City.

Chris Christie will deliver the keynote address in two weeks at the Republican National Convention. Many consider the primo speaking a launching point into national prominence. But Christie already garnered attention. So why did the Republican National Committee pick him? The answer may lie in the 2004 Democratic National Convention. And the results may not bode well for Mitt Romney.

The New York Times Co. (NYSE: NYT), publisher of the third-largest U.S. newspaper by circulation, named outgoing BBC director-general Mark Thompson its new CEO on Wednesday, bringing in a broadcast journalism veteran as the company expands its video content.

Robert Pattinson was up bright and early on Tuesday to ring the opening bell at the New York Stock Exchange.

Controversy erupted after a picture from a GQ photo shoot featuring backup New York Jets quarterback Tim Tebow included a shot of Tebow in a pose that closely resembles Jesus on the Cross.

"Cosmopolis," the highly anticipated collaboration between director David Cronenberg and "Twilight" star Robert Pattinson, is perhaps the most unconventional film of the summer.

A mix of luxury brands and discounters reported quarterly earnings that topped expectations, results that underscored a broader report showing U.S. retail sales broke three consecutive months of declining growth in July as consumers regained some semblance of confidence this summer.

The White Sox Chris Sale and the Mets R.A. Dickey lead a slew of Cy Young candidates that have come out of seemingly nowhere to have a stellar 2012 MLB Season.

British Standard Chartered Bank, which had been accused by New York state's top banking regulator of engaging in illegal money-laundering on behalf of the Iranian regime in an explosive legal filing last week, id settling charges for a fine of $340 million.

Two unpaid interns who last year sued Fox Searchlight over work they say they should have been paid for are looking to expand the case to include all interns who participated in programs run by Fox Entertainment Group.

Michelle Obama teased U.S. Olympic gold medalist, Gabby Douglas during her appearance on the Jay leno Show, for eating fast food from McDonald's.

Rampant rumors about actor Macaulay Culkin's addiction to heroin, has gotten his estranged father, Kit, on the defense. The claims were first reported by the National Enquirer.

Nick Swisher hit a grand slam against the Rangers in New York's win, 8-2.

Google's slow-but-steady march into the travel and local listings business continues this week with its latest acquisition: Frommer's, the popular travel guidebook series.