Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Citigroup CEO Jane Fraser has received an encouraging nod from billionaire investor Warren Buffett to proceed with the bank's overhaul.
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.
The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%.
Investing icon Charlie Munger, who served as vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, has passed away at the age of 99.
Warren Buffett has made a substantial move ahead of Thanksgiving, donating over $870 million in Berkshire Hathaway stock to four family foundations.
Warren Buffet's bank stocks and investment had really done quite well even after the presidential election. Berkshire Hathaway stocks are listed below.
Berkshire Hathaway made a significant investment in the energy firm Kinder Morgan during the final three-month period of 2015. This investment activity highlights Berkshire's increasing bet on the oil sector.
Warren Buffet's Berkshire Hathaway more than doubled its profit in the third quarter mainly due to a $4.4 billion gain from the merger between H.J. Heinz Co and Kraft Group Inc.
Just a couple of hours after CNBC released Albertsons Companies' intent of rescheduling their IPO due to market volatility, the news website has now made another recent update detailing Albertsons' plans on conducting their IPO before Thanksgiving.
Brazilian private equity (PE) major 3G Capital is mulling over a possible buyout of SAB Miller, maker of Miller, through its AnheuserBusch InBev, maker of Budweiser. Paving way for a major consolidation in the beer industry as the world's largest brewer AnheuserBusch InBev is bidding for SAB Miller, the second largest brewer. If the deal is successful, it'll be one of the top-6 global corporate takeovers in the history.
Kraft Heinz is cutting 2,500 jobs in the U.S. and Canada, including 700 of its workforce in Northfield, Illinois in order to cut expenses.
Ketchup maker H.J. Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) and Brazilian private equity firm 3G Capital, will combine with Kraft Foods Group Inc
Warren Buffett, at a news conference in Bengaluru in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate's insurance businesses.
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