In a big global exclusive, Warren Buffett, Chairman of Berkshire Hathaway spoke with CNBC from the sidelines of the Berkshire Hathaway AGM.
Speaking at Berkshire's annual shareholders' meeting in Omaha, Buffett said his federal income taxes last year would have gone down 17 percent had the new law been in effect.
Watch accompanying videos of Berkshire Hathaway's 52nd annual meet wherein the oracle of Omaha is addressing the shareholders.
Rupa and Company has entered into a license agreement with Fruit of the Loom which is a wholly-owned subsidiary of Berkshire Hathaway.
Berkshire Hathaway released the 2016 annual letter to its shareholders written by its legendary chairman Warren Buffett.
Billionaire investor Warren Buffett used his annual letter today to laud immigrants and their contribution to the growth of the US economy amid President Donald Trump's anti-immigrant stance.
Warren Buffett, widely considered one of the world's best investors, is likely to tout the merits of passive investing this weekend to readers of his annual letter to Berkshire Hathaway shareholders.
American International Group Inc has agreed to pay roughly USD 10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on US commercial insurance policies it has already written.
The Bengaluru-based Shaw Contract India has been in operations for over two decades and is the second-largest supplier of commercial carpet tiles in the country with a market share of around 22 percent, the company claimed.
Berkshire owned 15.23 million Apple shares worth USD1.46 billion as of June 30, up from 9.81 million shares as of March 31, according to a regulatory filing from Buffett's Omaha, Nebraska-based conglomerate.
Billionaire investor Warren Buffett told CNBC on Thursday that companies should stop issuing earnings guidance because it can lead to "a lot of malpractice" and "bad results."
In total, during the six days, Berkshire has bought just over 5 million shares of the company at an average price of USD 76.58 per share.
Zuckerberg, 31, who will control the new initiative and remain in charge of the world's largest online social network, said he would sell or give up to USD 1 billion in shares in each of the next three years.
Bill Gates held onto the number-one spot in the annual list of the 400 wealthiest Americans for the 22nd straight year, with net worth of USD 76 billion, down USD 5 billion from 2014.
"We're still on that path we've been on for six years," the chairman and CEO of Berkshire Hathaway said on CNBC's "Squawk Alley." "That's not a bad rate, but it's not a booming rate, either."
Warren Buffett's Berkshire Hathaway Inc said it would buy aerospace parts maker Precision Castparts Corp in a USD 37.2 billion deal, its biggest ever, taking it out of the market for another big acquisition for now.
Stocks closed out the past week with losses, and look set for another week of choppiness, as oil moves closer to its 2015 lows and the commodities crush shows no signs of abating.
Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
Buffett said he has no idea when the Fed might move. "They've fooled me so far. So I've been wrong," he said.
Renowned value investor Parag Parikh was killed in a car accident in Omaha, Nebraska, in the US Sunday, where he was attending the annual shareholder meeting of Warren Buffett's Berkshire Hathaway corporation.
The study, which is an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, puts Microsoft's Indian-origin chief Satya Nadella on the top with a pay package of USD 84.3 million (Rs 525 crore) a year.
Buffett has long been a critic of so-called alternative investing, a category that includes hedge and private equity funds, among others. The reason is the cut they take for their services, which can make billions of dollars for the managers but far less for clients, according to the man sometimes called "The Oracle of Omaha."
Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. This year marks the 50th anniversary of Buffett's time heading the sprawling conglomerate.
Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now: average.
While Buffet stopped short of naming his successor, company Vice Chairman Charles Munger named Jain and Abel, who heads Berkshire's energy business, while talking about possible successors to Buffett.