warren buffett

Pacific Investment Management Co.'s Bill Gross increased his holdings of Treasuries to the highest level since July 2010, while billionaire investor Warren Buffett called them "dangerous." Gross boosted U.S. government and Treasury debt to 38 percent of assets in Pimco's $250.5 billion Total Return Fund, the world's biggest bond fund.

On New Year's Day, Ginny Rometty will take the reins at IBM. IBM is on a roll. Its stock outperformed Google and Apple this year, and Warren Buffett is a fan, but the IT giant faces perils as well as opportunities going into 2012.

Berkshire Hathaway Inc. has completed the purchase of Berkshire chairman Warren Buffett's hometown newspaper, the Omaha World-Herald.

Warren Buffett's Berkshire Hathaway said Wednesday that it is buying the Omaha World-Herald Co. and expanding the firm's newspaper holdings despite Buffett's misgivings about the industry.

Billionaire investor Warren Buffett says the recent leadership changes in Italy and Greece should help those countries, but Europe's debt concerns will continue to hurt the economy.

Maybe Warren Buffett can strike a deal to buy the entire stock market, too.

Here is a recap of the top news items from this week on Wall Street: 1. Warren Buffett shocked the Street Thursday with a extremely timely investment in non other than Bank of America (NYSE: BAC).

The Oracle reached an agreement to invest $5 billion in the bank in exchange for 50,000 shares of Cumulative Perpetual Preferred Stock with a liquidation value of $100,000 per share to Buffett's Berkshire Hathaway.

Shares of BofA initially surged more than 20 percent just following the news, however closed the session up just 9.4 percent. 2.

Warren Buffett’s $5 billion cash infusion is a bet that investor fears about Bank of America’s financial strength have been overblown.  But it is not without risk.

IT HAS BEEN a little over a week since billionaire Warren Buffett called for higher taxes on the richest Americans, and now comes the reaction.

Harvey Golub, a former chairman and chief executive of American Express, writes in the Wall Street Journal that he “resents” Mr.

Buffett’s suggestion. I already pay plenty of taxes, Mr. Golub asserts, adding: “Before you ‘ask’ for more tax money from me and others, raise the $2.2 trillion you already collect each year more fairly and spend it more wisely.”

OK, so when we calculate the tax burden of the rich shareholders then we should include the corporate income tax in the taxes they pay then, shouldn’t we?