| Aug 14, 2014
| 2:04 PM
Shares of billionaire Warren Buffett’s Berkshire Hathaway traded above $200,000 for the first time — nearly eight years after topping the $100,000 mark.
Berkshire Class A shares closed up up $3,500, or 1.8%, to $202,850 — a price...
| Aug 14, 2014
| 1:33 PM
(Reuters) - Berkshire Hathaway Inc's share price on Thursday surpassed and closed above $200,000 for the first time, the latest milestone for a company that Warren Buffett has built over nearly five decades into what some analysts view as a microcosm of...
| Aug 6, 2014
| 8:13 AM
Concern about rising wealth and income inequality has generated all kinds of solutions, often focused on improving the lot of the people at the bottom with measures such as minimum wages. But instead of putting a floor on what people get, why not put a...
| Aug 1, 2014
| 6:41 AM
NEW YORK (Reuters) - Mom and pop investors hoping to emulate the investment savvy of Wall Street's wealthiest like Warren Buffett and Carl Icahn will have a new way into markets on Friday when the latest low-cost exchange-traded fund tracking the stock...
| Jul 16, 2014
| 6:30 AM
Signaling confidence in Allentown's ongoing renaissance, the Pennsylvania Municipal League plans to hold its annual convention in Allentown next year for the first time in 25 years... Controversy is brewing over the sale of the company led by Air...
| Jul 18, 2014
| 12:30 PM
Bianna Golodryga, weekend co-anchor for ABC's "Good Morning America" since 2010, is joining Yahoo News and Katie Couric to head up the Internet media company's news and finance properties.
In her new role, Golodryga will work with Couric and Yahoo's...
| Jul 15, 2014
| 10:23 AM
Bill Gates has performed quite a few feats of business magic in his day. Now he's performed a literary resurrection: He's lifted up one of his favorite books from that purgatory called "out of print."
John Brooks published "Business Adventures: Twelve...
| Jun 26, 2014
| 3:28 PM
Daily Journal Corp., the California publisher that counts billionaire Charles Munger as chairman, dismissed Ernst & Young after the auditor faulted the company's accounting.
Daily Journal expects to hire a new accounting firm "within the coming days,"...
| Jul 1, 2014
| 10:52 PM
NEW YORK - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said he has been diagnosed with curable throat cancer and he plans to remain actively involved in the largest U.S. bank's business.
In a memo to the bank's employees and shareholders...
| Jul 15, 2014
| 2:05 PM
A trio of billionaires — Sheldon Adelson, Warren Buffett and Bill Gates — say they want to "End the Immigration Impasse," to quote the headline of their recent New York Times op-ed.
The article will do nothing to end that impasse, however,...
| Jul 25, 2014
James Surowiecki wrote recently in The New Yorker of Stephen Schwarzman, chairman and CEO of the private-equity firm Blackstone Group. Schwarzman is worth more than $10 billion. But he's convinced that he is being persecuted. Some have called for the...
| Jul 6, 2014
Greg Wasson recently celebrated his 34th year working for Walgreen Co., including the past five as its president and chief executive.
When he took the reins in February 2009, the Deerfield-based pharmacy chain had a reputation as conservative, stable...