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.
IBT Staff Reporter
Mar 19, 2012
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.
ambrosia sabrina
Mar 15, 2012
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.
Monami Thakur
Mar 15, 2012
Throughout American history, billionaires have given to improve our society.
Marc Joseph
Mar 14, 2012
Nearly two-thirds of Americans support imposing a minimum tax rate of 30 percent on those who earn $1 million or more a year, according to Reuters/Ipsos poll results released on Tuesday.
IBT Staff Reporter
Mar 14, 2012
Nearly two-thirds of Americans support imposing a minimum tax rate of 30 percent on those who earn $1 million or more a year, according to Reuters/Ipsos poll results released on Tuesday.
IBT Staff Reporter
Mar 13, 2012
Top-tier technology companies including Hewlett-Packard (NYSE: HPQ), IBM (NYSE: IBM), Intel (Nasdaq: INTC), Qualcomm (Nasdaq: QCOM) and Applied Materials (Nasdaq: AMAT), among others, all buy back shares. Qualcomm and Applied Materials have just refreshed their buyback programs and hiked their dividends, too.
David Zielenziger
Mar 12, 2012
NetJets Inc, a private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc , was sued for $366.3 million by the government to recover unpaid taxes, four months after sued the government for nearly twice as much.
IBT Staff Reporter
Mar 09, 2012
Buy when there's blood in the streets is a Wall Street saying often attributed to Nathan Mayer Rothschild, a prominent financial operator from the 18th century.
Hao Li
Mar 08, 2012
Forbes magazine published its celebrated list of the world's wealthiest people Wednesday, with Carlos Slim bagging the number one spot for the third year running.
ambrosia sabrina
Mar 08, 2012
Forbes Magazine released its list of the world's billionaires on Wednesday, a collection of 1,153 families and individuals, rife with familiar names like Bill Gates, Warren Buffet and Carlos Slim Helu, who topped the list with a net worth of $69 billion.
Joseph Orovic
Mar 07, 2012
Forbes magazine is due to release its annual list of the world's billionaires around midday on Wednesday, with Mexico's Carlos Slim poised to retain the top spot and attention focused on how far up the list Facebook's IPO has catapulted Mark Zuckerberg.
IBT Staff Reporter
Mar 07, 2012
Shares in Warren Buffett's Berkshire Hathaway could rise as much as 45 percent, according to a Barron's story that cites an investor in the company.
IBT Staff Reporter
Mar 04, 2012
Shares in Warren Buffett's Berkshire Hathaway could rise as much as 45 percent, according to a Barron's story that cites an investor in the company.
IBT Staff Reporter
Mar 04, 2012
Bill Gross, co-chief investment officer at PIMCO, on Thursday took issue with a derivative panel's decision that the restructuring of Greek debt does not trigger a payout on insurance protection, even after his firm backed the move.
IBT Staff Reporter
Mar 01, 2012
Some two decades ago, Brian Moynihan's younger brother Patrick came to him for advice. Patrick who had been a trader wanted to move to Africa to work as a missionary.
IBT Staff Reporter
Mar 01, 2012
An executive of Goldman Sachs Group Inc has been investigated by the U.S. Federal authorities as part of an insider-trading probe.
Bhaskar Prasad
Mar 01, 2012
General Electric derided the new report by Citizens for Tax Justice as biased and inaccurate.
Ashley Portero
Feb 29, 2012
The Dow Jones Industrial Average crossed 13,000 at Tuesday's market close, while the S&P 500 rose above 1,370, but a bullish psychological impact could actually drag down the market in days to come.
Roland Li
Feb 29, 2012
Warren Buffett's real estate forecast for 2012 and beyond is extremely rosy. In some cases, he even recommended buying them over his favored equity investments in a diversified group of leading companies.
Hao Li
Feb 29, 2012
Buffett didn't identify the new pick and he even said the candidate hasn't been notified yet.
Palash Ghosh
Feb 29, 2012
David Sokol, who left Berkshire Hathaway last year amid a scandal over his stock trading while at the company, would receive about $1 million in retirement payments every year, according to a regulatory filing.
IBT Staff Reporter
Feb 28, 2012