WARREN BUFFETT

Stock index futures edged lower on Wednesday after the S&P 500 tallied its biggest gain in a month and ahead of another round of corporate earnings.

Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.1 percent and 0.2 percent at 6:47 a.m. EDT (1047 GMT).

Berkshire Hathaway Inc. (NYSE:BRK/A) CEO Warren Buffett has been diagnosed with stage I prostate cancer, according a letter he released to the company's shareholders.

Warren Buffett, the chairman of Berkshire-Hathaway, has revealed that he has been diagnosed with prostate cancer.

The chairman of Berkshire Hathaway, revealed that he has been diagnosed with prostate cancer.

Warren Buffett has been diagnosed with early-stage prostate cancer that the Berkshire Hathaway CEO described as not remotely life-threatening.

Concerning the rhetoric coming from the White House recently, much of the punditry has found itself shocked and alarmed.

Cutting government programs is favored as the way to reduce the budget deficit by more than twice as many Americans as those who favor raising taxes, said a Reuters/Ipsos poll.

Senate Republicans on Monday afternoon blocked President Barack Obama's Buffett Rule legislation, which would have put a 30-percent minimum tax on millionaires.

President Barack Obama and First Lady Michelle paid an effective tax rate of about 20.5 percent in 2011, but would like to be paying more in order to make the U.S. tax system more fair.

The Buffett Rule is a plan that would raise taxes on America's most wealthy, requiring those making $1 million or more per year to pay a minimum federal tax rate of 30 percent on all income. The idea is sparking heated debates, and that merits a closer look at how U.S. taxes are structured now, what sorts of changes Obama is pushing, and why exactly he's pushing them.

President Barack Obama doubled down on his campaign themes in a Tuesday speech, defending a robust government role for promoting economic growth and offering a pointed attack on Republican fiscal policy.

The president, seeking to bolster his message of economic fairness, is advocating a plan that would raise income taxes on Americans earning more than $1 million to a minimum of 30 percent.

Republicans have accused President Barack Obama of using the so-called Buffet Rule to score political points at the expense of sound policy.

Investor Warren Buffett learned more than economics and thrift as a paper boy during the 1940s when he earned the $5,000 that launched the investments that grew into Berkshire Hathaway Inc.

Private aviation firm NetJets Inc, owned by Warren Buffett's Berkshire Hathaway, has said it is setting up a joint venture in China to cash in on the rapidly growing popularity of private air travel in the country.

A proposed 30 percent minimum tax on millionaires backed by President Barack Obama - dubbed the Buffett tax after investor Warren Buffett who supports it - would raise about $47 billion over a decade, according to a congressional report.

President Obama's proposal to raise tax rates for America's welathiest citizens would raise a scant $31 billion, according to an analysis conducted by Congressional tax analysts.

Berkshire Hathaway won dismissal on Monday of a shareholder lawsuit that stemmed from allegations former executive David Sokol profited by violating the company's insider trading policy.

President Barack Obama and First Lady Michelle Obama hosted a big state dinner for the British Prime Minister David Cameron and his wife Samantha, Wednesday night at the White House. Here are some pictures of the Belles in Blue, Michelle Obama and Samantha Cameron, in color-coordinated gowns, at their elegant best at the White House State Dinner, honoring the British Prime Minister David Cameron.

The state dinner at the White House welcoming British Prime Minister David Cameron and his wife Samantha on March 14, 2012, is said to be one of the biggest black-tie events to be hosted by President Barack Obama.