Breaking News: Investing

Warren Buffett says Berkshire Hathaway won’t take full control of Occidental Petroleum

Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn’t…

Warren Buffett says letting Silicon Valley Bank customers go under would’ve been ‘catastrophic’

Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster…

Here’s what’s going on at Warren Buffett’s shopping extravaganza for shareholders

Berkshire Hathaway‘s annual shareholder meeting this weekend is kicking off with a shopping extravaganza. Called the “Berkshire Bazaar of Bargains,”…

Warren Buffett’s successor Greg Abel is wooing shareholders, but some questions remain

To say Warren Buffett’s successor Greg Abel has big shoes to fill would be an understatement. The vice chairman for…

Americans haven’t been this worried about their bank deposits since the 2008 financial crisis

Recent events may be chipping away at confidence in the U.S. financial system, according to the findings of a Gallup…

Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favorite child Geico is in trouble

Berkshire Hathaway shareholders attending this year’s meeting will want to know more about the company Warren Buffett once called his…

The market is looking for the next ‘domino’ to fall, keeping banks under pressure

After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst…

After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation

After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…

Michael Milken says recent crisis is the same mistake banks have been making for decades

Famed investor Michael Milken said Tuesday that the current banking crisis stemmed from a classic asset-liability mismatch that has played…

Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America…