Latest Warren Buffett News

Pro-oil Alaska governor also backs renewable energy ideas

Sep. 23, 2020 9:03 AM EDT

ANCHORAGE, Alaska (AP) — While Alaska's Republican governor continues promoting the oil industry underpinning the state's economy, he also has expressed interest in renewable energy projects. Gov. Mike Dunleavy said improvements in technology and decreasing costs of renewable power “open up some...

Today in History

Sep. 23, 2020 12:00 AM EDT

Today in History Today is Wednesday, Sept. 23, the 267th day of 2020. There are 99 days left in the year. Today’s Highlight in History: On Sept. 23, 1952, Sen. Richard M. Nixon, R-Calif., salvaged his vice-presidential nomination by appearing on television from Los Angeles to refute allegations of...

FILE - The

Yes, stocks are pricey. But too expensive?

Sep. 17, 2020 9:00 AM EDT

NEW YORK (AP) — Yes, stocks are expensive. Most everyone along Wall Street agrees on that following their amazing return to records despite the still-raging pandemic. But whether that’s something to worry about? Another question entirely. Analysts have many ways to measure whether a stock is over-...

BNSF's next CEO will be first woman to lead major railroad

Sep. 15, 2020 10:14 AM EDT

FORT WORTH, Texas (AP) — BNSF's pick to be its next CEO will be the first woman to lead a major North American railroad. BNSF said Monday that it will promote Kathryn Farmer in January to replace retiring President and CEO Carl Ice. Farmer currently oversees operations at BNSF and has been with the...

FILE - In this Aug. 20, 2020, file photo Democratic presidential candidate former Vice President Joe Biden speaks during the fourth day of the Democratic National Convention at the Chase Center in Wilmington, Del. The former senator and vice president backs an active federal government that he says should support but not constrict private enterprise, and he believes the highest federal tax burden should fall on the wealthiest. (AP Photo/Andrew Harnik, File)

AP EXPLAINS: Biden's sizable but not radical tax plans

Sep. 13, 2020 3:28 PM EDT

ATLANTA (AP) — President Donald Trump describes Democratic challenger Joe Biden as a “tool” of “radical socialists” who are bent on taxing every American business and household into bankruptcy. Some progressives say Biden is a corporate crony who will never address systemic...

Haslam's new book has a flood of tributes from Vols legends

Sep. 6, 2020 1:26 PM EDT

KNOXVILLE, Tenn. (AP) — University of Tennessee men’s basketball coach Rick Barnes had a dream that Jim Haslam, founder of Pilot Company and staunch University of Tennessee supporter, wrote a book. Turns out, his dream came true. ”‘Mr. Haslam, you have a story that just has to be...

A banner for Utz Brands, which is listed at the New York Stock Exchange, hangs on the exterior of the building, Monday, Aug. 31, 2020, in New York. The Hanover, Pa. based company is known for its potato chips and snack foods. (AP Photo/Mark Lennihan)

Asian shares edge lower following Wall St retreat

Sep. 1, 2020 12:38 AM EDT

TOKYO (AP) — Major Asian share indexes edged lower Tuesday in mostly muted trading after a retreat overnight on Wall Street. Australia’s benchmark led the decline, falling more than 2% Tuesday ahead of a Reserve Bank of Australia decision that is expected to keep interest rates unchanged. Newly...

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway said Monday, Aug. 31, 2020, it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment. Share prices of the five huge companies surged between 4% to 9.5% on Monday in Tokyo after the company announced the investment. (AP Photo/Nati Harnik, File)

Berkshire Hathaway takes stakes in Japanese trading houses

Aug. 31, 2020 1:07 PM EDT

TOKYO (AP) — Billionaire investor Warren Buffett’s Berkshire Hathaway said Monday it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment. Share prices of the five huge companies surged between 4% to 9.5% on Monday in Tokyo after the...

A man walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 31, 2019. Asian stock markets have risen after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady. (AP Photo/Vincent Yu)

Asian stocks fall back after Wall Street advances to record

Aug. 31, 2020 3:32 AM EDT

BEIJING (AP) — Asian stock markets gave up early gains Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady. The Shanghai Composite Index rose 0.8% to 3,428.07 after a survey showed growth in manufacturing held steady in August at the...

A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Aug. 18, 2020. Shares were mixed in Asia on Tuesday, after buying of technology stocks nudged the S&P 500 closer to the record high it set in February before the pandemic crunched the global economy. (AP Photo/Vincent Yu)

Asia shares mixed after tech rally takes S&P 500 near record

Aug. 18, 2020 12:12 AM EDT

Shares were mixed in Asia on Tuesday, after buying of technology stocks nudged the S&P 500 closer to the record high it set in February before the pandemic crunched the global economy. Benchmarks fell in Hong Kong, Tokyo and Seoul but rose in Sydney and Shanghai. Markets were buoyed by developments in...