Latest Warren Buffett News

Warren Buffett makes cartoon ad about proper hand washing

Mar. 24, 2020 1:10 PM EDT

OMAHA, Neb. (AP) — Billionaire Warren Buffett is appearing in an animated ad about proper hand-washing techniques to help educate kids during the coronavirus outbreak. The new pubic service announcement is tied to "The Secret Millionaire's Club" cartoon that features advice from an animated version of the...

A view a street in downtown Milan, Italy, Sunday, March 15, 2020, as most people remained home following the indications of doctors and the government in order to slow down the spread of the new coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms. For some, it can cause more severe illness, especially in older adults and people with existing health problems. (Claudio Furlan/LaPresse via AP)

The Latest: Stock market outdoes itself, but not in good way

Mar. 16, 2020 6:07 PM EDT

The Latest on financial markets (all times local): 4:30 p.m. Biggest drop ever. Worst day since. The stock has heard a lot of that over the past few weeks. The market outdid itself again Monday, though not in a good way. The Dow Jones Industrial Average dropped 2,997 points. That's the index's biggest point drop...

FILE - In this Jan. 8, 2020 file photo, state lawmakers work in the Legislative Chamber on the opening day of the Nebraska legislative session, in Lincoln, Neb. The Nebraska Legislature suspended its session on Monday, March 16, 2020, to try to prevent the spread of the coronavirus. Speaker of the Legislature Jim Scheer said legislative leaders made the decision to protect lawmakers as well as the public. (AP Photo/Nati Harnik)

Nebraska imposes 10-person limit on public gatherings

Mar. 16, 2020 5:50 PM EDT

LINCOLN, Neb. (AP) — Gov. Pete Ricketts on Monday limited public gatherings to 10 people in an effort to keep the coronavirus from spreading, even though the move would likely contribute to painful economic times ahead and cause huge disruptions in people's lives. Ricketts' announcement will force the...

Virus seizes markets and it's no longer business as usual

Mar. 16, 2020 2:33 PM EDT

Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. A host of retail chains have shut their doors or diminished hours of business. Banks are taking steps to keep cash on hand, lots of it. Markets in Asia, Europe and the U.S. are plunging....

A Thai investor checks an electronic board showing stock prices at Asia Plus Securities, a private stock trading floor, in Bangkok, Thailand, Friday, March 13, 2020. Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. (AP Photo/Sakchai Lalit)

The Latest: Canada cuts key interest rate in amid pandemic

Mar. 13, 2020 7:49 PM EDT

___ Canada's central bank has cut its overnight rate target by half a percentage point to 0.75% in response to the pandemic. Bank of Canada Governor Stephen Poloz announced the measure Friday. The bank already cut by half a point on March 4 due to the virus. Canadian Finance Minister Bill Morneau says a $10...

Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)

Stocks roar back on hopes for government's virus plan

Mar. 13, 2020 7:33 PM EDT

NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by...

Nebraska Gov. Pete Ricketts speaks during a news conference with State business and education leaders in Lincoln, Neb., Friday, March 13, 2020. Nebraska state officials have now confirmed 13 cases of the new coronavirus and developed a plan to order school closures for six to eight weeks if the outbreak worsens. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Nati Harnik)

Ricketts says he might order schools to close for 6-8 weeks

Mar. 13, 2020 7:23 PM EDT

OMAHA, Neb. (AP) — Gov. Pete Ricketts warned Friday that he might order schools to close for six to eight weeks to try to keep the new coronavirus from spreading in Nebraska as officials confirmed three new cases, bringing the total to 14 so far. Ricketts, who issued Friday evening an emergency declaration...

FILE - In this April 21, 2018, file photo, Bill Gates speaks in Washington. Microsoft co-founder Bill Gates said Friday, March 13, 2020 he is stepping down from the company's board to focus on philanthropy. Gates was Microsoft's CEO until 2000 and since then has gradually scaled back his involvement in the company he started with Paul Allen in 1975. (AP Photo/Jose Luis Magana, File)

Bill Gates says he is stepping down from Microsoft board

Mar. 13, 2020 7:06 PM EDT

REDMOND, Wash. (AP) — Microsoft co-founder Bill Gates said Friday he is stepping down from the company's board to focus on philanthropy. Gates was Microsoft's CEO until 2000 and since then has gradually scaled back his involvement in the company he started with Paul Allen in 1975. He transitioned out of a...

Medical personnel discuss patients that had been admitted for testing for the coronavirus at the entrance Central Maine Medical Center on Friday, March 13, 2020, in Lewiston, Maine. U.S. hospitals are setting up circus-like triage tents, calling doctors out of retirement, guarding their supplies of face masks and making plans to cancel elective surgery as they brace for an expected onslaught of coronavirus patients. (AP Photo/Robert F. Bukaty)

Business fallout: Apple goes online, Delta slashes flights

Mar. 13, 2020 5:04 PM EDT

Apple said its annual developers conference would take place entirely online this year, joining a growing list of companies that are canceling big, in-person events as the coronavirus spreads. Thousands of engineers and customers attend the Worldwide Developers Conference, or WWDC, which is in its 31st year....

Buffett says his firm's meeting could be scaled back

Mar. 12, 2020 2:52 PM EDT

OMAHA, Neb. (AP) — Investor Warren Buffett says he plans to decide whether to scale back his company's annual meeting, which typically attracts roughly 40,000 people, around April 1. Berkshire Hathaway is still planning to hold its annual meeting on May 2, but the ongoing coronavirus outbreak may force the...