WARREN BUFFETT

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in third-quarter profit that met market expectations.

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted an uncertain outlook after posting a consensus-meeting profit for the third quarter.

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, posted a 5.9 percent rise in profit for the third quarter, meeting consensus, thanks to higher sales volume and prices.

When Susan Sarandon called Pope Benedict XVI a Nazi, numerous religious groups condemned the actress, and rightly so. In a bizarre and disturbing twist, however, Sarandon's notoriety has now spread to her support of Occupy Wall Street, with many grouping her comments and her activism as examples of liberal ignorance and hypocrisy. In the process, we lose the opportunity to condemn the use of rampant Nazi and Hitler comparisons in general, a widespread phenomenon recorded en ma...

U.S. bank executives are eager to buy back their stocks at depressed prices, but regulators appear to be reining them in, showing a clear disagreement over how risky the financial world is today and how much banks need to conserve capital.

Steve Jobs will be remembered as one of the greatest visionaries ever. What he did for the technological as well as entrepreneurial world, will never be forgotten.

Steve Jobs' posthumously released biography, now available for pre-order has become a chartbuster on online bookstores. Author Walter Isaacson spent over two years conducting forty exclusive and unprecedented interviews with Jobs and over hundred of his family members, friends, adversaries, competitors, and colleagues for the book which chronicles rollercoaster life and searingly intense personality of a creative entrepreneur.

Senate Majority Leader Harry Reid, D-Nev., is hoping the Senate can vote Tuesday on the 5 percent income tax surcharge on adults with incomes over $1 million per year, but Senate Republicans are promising a strong effort to block the vote via filibuster.

Steve Jobs, in pain and too weak to climb stairs a few weeks before his death, wanted his children to understand why he wasn't always there for them, according to the author of his highly anticipated biography.

Jobs was almost universally beloved and respected because of the devices he introduced to the world.

Captains of Google, Bank of America and Citicorp say they are ready to pay higher taxes, as long as Congress uses the money to get the U.S. economy back on its feet.

Billionaire investor Warren Buffett is not concerned by the sharp drop in Bank of America Corp shares in the last couple of days, despite his $5 billion investment in the company last month, he told Reuters on Tuesday.

Berkshire Hathaway Chairman Warren Buffett said he would release his tax return if News Corp. Chairman Rupert Murdoch did so, too.

Billionaire investor Warren Buffett is not concerned by the sharp drop in Bank of America Corp shares in the last couple of days, despite his $5 billion investment in the company last month, he told Reuters on Tuesday.

Starbucks Corp (SBUX.O) will share profits from two of its U.S. coffee shops with non-profit groups in New York City and Los Angeles to help offset expected government funding cuts to programs for children and education.

Some of Berkshire Hathaway Inc's largest units will post record profits this year, but the conglomerate's housing-related businesses are doing as poorly as they ever have, Chief Executive Warren Buffett said on Tuesday.

When Bank of America announced last week that it would begin charging a $5 monthly fee to customers using their debit cards at retail locations, it understandably caused a fair amount of complaining from consumers, a fact that was noted across the board by various media sources Friday. But it also inspired a wave of anger against banks in general.

Van Jones, who served as President Barack Obama's environmental adviser till Sept. 2009, has said that the progressives are going to launch an October offensive against the Tea Party.

Warren Buffett appeared on CNBC Friday morning and many individuals believe that he failed to endorse Obama's tax plan, including his own Buffett Rule, in the interview.

Warren Buffett said on Friday he is still eager to buy companies and stocks, even as his conglomerate Berkshire Hathaway launches its first-ever share buyback program.

Warren Buffett's conglomerate Berkshire Hathaway Inc has begun its share buybacks, Buffett said on Friday, but the repurchases will not stop the company from also making acquisitions or spending on infrastructure for its portfolio of companies.