Berkshire Hathaway slashes Apple stake by almost 50%
Buffett once called the company's stake in the iPhone maker a pillar of Berkshire's business that he intended to hold indefinitely.
Buffett once called the company's stake in the iPhone maker a pillar of Berkshire's business that he intended to hold indefinitely.
Warren Buffett referred to close friend Charlie Munger as the "the architect of Berkshire Hathaway."
Warren Buffett said Berkshire Hathaway could not have been built without Munger's "inspiration" and "wisdom."
Buffett has given away billions of dollars in Berkshire Hathaway stock since 2006 as part of his pledge to donate 99% of his wealth in his lifetime.
The billionaire investor broke with his practice of staying out of local politics to urge his hometown to abandon the project because, he says, it's too expensive and not as flexible as buses.
"It's been nothing but good," the Berkshire Hathaway CEO said of the annual charity lunch, which he says will be his last.
The billionaire said he has been an "inactive" trustee of the Bill and Melinda Gates Foundation "for years."
A new ProPublica analysis of tax data on multibillionaires comes to the conclusion that the richest 25 people in the U.S. have a "true tax rate" of almost nothing.
ProPublica analyzed a "vast trove" of IRS tax data on Jeff Bezos, Warren Buffet and other billionaires.
Greg Abel, a former hockey player, built Berkshire's energy unit into the largest producer of wind power in America.
The iPhone maker now makes up 40% of Buffett's $280 billion investment portfolio.
Warren Buffett had touted joint venture as as a way to help contain soaring health care costs for workers.
Famed investor insists he's optimistic even after Berkshire Hathaway reported a $50 billion loss in the first quarter.
Famed investor's portfolio plunged with Wall Street's crash. The good news: His companies' revenue rose 1%.
The annual pilgrimage, dubbed the "Woodstock of capitalism," typically draws over 50,000 people to Omaha, Nebraska.
"This is scary stuff," investor said Monday as stocks fell, but "I don't think it should affect what you do in stocks."
Lee Enterprises is borrowing $576 million from Buffett's Berkshire Hathaway to finance the deal.
After her divorce from Jeff Bezos, MacKenzie Bezos made the list
From the MTV Music Video Awards to the 80th anniversary of the start of World War II, "Sunday Morning" takes a look at some notable events of the week ahead
A $1.4 billion Berkshire Hathaway stake in a Chinese electric vehicle manufacturer has already started to stall
George Soros, Chris Hughes and Abigail Disney join in call for higher taxes on "the most financially fortunate"
The entrepreneur sees an opportunity "for mutual understanding and knowledge transfer" over lunch with Buffett
Storied investor says a money manager at Berkshire Hathaway decided to invest in the ecommerce giant
The slight dip in salary could indicate that investors are demanding that CEOs be compensated based on performance
In interview with Yahoo Finance, Berkshire Hathaway CEO calls Tesla chief "a remarkable guy" with room for improvement
The walkout is another setback for the aviation giant whose reputation and finances were already being battered.
Justin Timberlake has agreed to a plea deal, and will make a public safety announcement following his DWI arrest over the summer in Sag Harbor, Long Island.
"If this decision is made, it will mean nothing less than the direct participation of NATO countries, the United States, and European countries," Russian President Vladimir Putin said.
Ismael "El Mayo" Zambada said he was forcibly kidnapped and brought to the U.S. by another fugitive cartel leader, Joaquín Guzmán López.
The decision keeps on track the planned execution of Freddie Owens on Sept. 20 at the Broad River Correctional Institution in Columbia.
North Korea offered a rare glimpse into a facility to produce weapons-grade uranium as state media reported leader Kim Jong Un called for "exponentially" more nuclear weapons.
The Australian man has been charged over $11,000 USD after forcing his 2023 flight to return to Perth.
Wildfires in California have already burned nearly three times as much acreage than during all of 2023.
Tech giant's latest AirPods will soon function as hearing aids for people with mild to moderate hearing loss.
United Airlines will offer free Wi-Fi after signing deal with Elon Musk's Starlink to provide more reliable connectivity in the air.
The Nebraska Supreme Court has ruled that competing measures that would expand or limit abortion rights can appear on the November ballot.
The decision keeps on track the planned execution of Freddie Owens on Sept. 20 at the Broad River Correctional Institution in Columbia.
"If this decision is made, it will mean nothing less than the direct participation of NATO countries, the United States, and European countries," Russian President Vladimir Putin said.
Tech giant's latest AirPods will soon function as hearing aids for people with mild to moderate hearing loss.
United Airlines will offer free Wi-Fi after signing deal with Elon Musk's Starlink to provide more reliable connectivity in the air.
Tech giant's latest AirPods will soon function as hearing aids for people with mild to moderate hearing loss.
Machinists at Boeing have gone on strike, another setback for the aviation giant whose reputation and finances were already being battered.
Experts, law enforcement and children's advocates say companies like Snap, TikTok and Meta are not doing enough to keep children safe.
Company to pay $120 million in fines and compensation to borrowers harmed by its practices.
The Nebraska Supreme Court has ruled that competing measures that would expand or limit abortion rights can appear on the November ballot.
"If this decision is made, it will mean nothing less than the direct participation of NATO countries, the United States, and European countries," Russian President Vladimir Putin said.
A growing press and communications team continues to build out at Vice President Kamala Harris' campaign headquarters in Wilmington, Delaware.
Germany took to social media to rebut comments made by former President Donald Trump during the presidential debate Tuesday about the country's renewable energy industry.
A federal internal report found CBP officers who arrived at the scene of the Uvalde school shooting were unable to access important tools to aid their response.
Tech giant's latest AirPods will soon function as hearing aids for people with mild to moderate hearing loss.
A vote is expected next week to hold Steward Health Care CEO Ralph de la Torre in contempt of Congress after he refused to appear at a hearing this week despite being subpoenaed to testify. This follows a nearly two-year CBS News investigation into how private equity investors and de la Torre siphoned hundreds of millions of dollars from Steward hospitals. Dr. Jon LaPook has more.
Experts, law enforcement and children's advocates say companies like Snap, TikTok and Meta are not doing enough to keep children safe.
A third of the cinnamon powders and spice mixtures tested yielded alarming results, advocacy group's study finds.
A new report uncovered a disturbing racial disparity when it comes to C-sections, with doctors being more likely to perform them on Black mothers.
A tsunami stemming from a landslide was behind a surprising seismic event last year that shook the earth for nine days, researchers said.
"If this decision is made, it will mean nothing less than the direct participation of NATO countries, the United States, and European countries," Russian President Vladimir Putin said.
The Australian man has been charged over $11,000 USD after forcing his 2023 flight to return to Perth.
Maria Daniela Icaza's death comes just days after the head of another prison was killed in Ecuador.
North Korea offered a rare glimpse into a facility to produce weapons-grade uranium as state media reported leader Kim Jong Un called for "exponentially" more nuclear weapons.
Justin Timberlake has agreed to a plea deal, and will make a public safety announcement following his DWI arrest over the summer in Sag Harbor, Long Island.
In her revealing new memoir, the former first lady, senator and secretary of state writes of how – as in a Joni Mitchell song – she has looked at life and love "from both sides now."
Kelsey Grammer marks 40 years since he first portrayed Dr. Frasier Crane, winning four Emmys along the way. The iconic actor joins "CBS Mornings" to discuss the return of "Frasier" for season two on Paramount+ and what fans can expect.
The veteran journalist writes about a four-decade career in which she broke barriers as an Asian-American woman in the male-dominated field of broadcast news.
The rap superstar posted several photos of herself in the hospital cradling her new baby daughter Thursday on Instagram.
United Airlines will offer free Wi-Fi after signing deal with Elon Musk's Starlink to provide more reliable connectivity in the air.
Tech giant's latest AirPods will soon function as hearing aids for people with mild to moderate hearing loss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
More than 20,000 users of Microsoft 365 tools alone reported issues accessing systems on Thursday morning in apparent software outage.
Can Apple's AirPods make hearing aids cool? Experts say they could help destigmatize hearing loss.
A tsunami stemming from a landslide was behind a surprising seismic event last year that shook the earth for nine days, researchers said.
The spacewalkers tested new SpaceX-designed pressure suits that could eventually be used by civilian astronauts on the moon and Mars.
Record-high temperatures have hit several areas of California, Arizona and Oregon since Friday, extending the fire season and creating drier conditions that make wildfires spread faster. The Line Fire in Southern California has grown past 21,000 acres, roughly half the size of Washington, D.C. CBS News senior national and environmental correspondent Ben Tracy reports.
The Europa Clipper remains on track for launch Oct. 10 to study Jupiter's icy moon Europa, where a vast ocean lurks beneath an icy crust.
For those who are pregnant, extreme heat isn't just uncomfortable. Studies show it can lead to serious complications for them and their unborn child, including pre-term births, miscarriages and stillbirths, and even increase the likelihood of one of the leading causes of death of pregnant women in the U.S. — homicide. Here's what to know.
Justin Timberlake has agreed to a plea deal, and will make a public safety announcement following his DWI arrest over the summer in Sag Harbor, Long Island.
Ismael "El Mayo" Zambada said he was forcibly kidnapped and brought to the U.S. by another fugitive cartel leader, Joaquín Guzmán López.
The decision keeps on track the planned execution of Freddie Owens on Sept. 20 at the Broad River Correctional Institution in Columbia.
An Arkansas county and a health provider have agreed to a $6 million settlement with the family of a man who died from dehydration and malnutrition while being held in jail, a lawyer for the family says.
Maria Daniela Icaza's death comes just days after the head of another prison was killed in Ecuador.
The four members of the SpaceX Polaris Dawn crew made history Thursday as they completed the first privately financed spacewalk in history. CBS News senior national correspondent Mark Strassmann has more.
The first private commercial spacewalk in history was completed Thursday morning by the SpaceX Polaris Dawn crew. The four-person mission was led by billionaire tech CEO Jared Isaacman and lasted about two hours. CBS News space analyst Bill Harwood has more.
SpaceX's Polaris Dawn Crew executed the first ever private spacewalk Thursday morning. CBS News space analyst Bill Harwood has more.
A SpaceX capsule carrying four astronauts performed the first-ever commercial spacewalk Thursday morning. It is the first time a company, not a government space program, has performed a spacewalk.
The spacewalkers tested new SpaceX-designed pressure suits that could eventually be used by civilian astronauts on the moon and Mars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Consumer Reports found elevated lead levels in 12 brands of cinnamon and spice blend products. Consumer Reports food safety reporter Lisa Gill joins CBS News to discuss the test and its findings.
Health experts are getting the word out about the importance of flu and COVID-19 vaccinations as we head into the fall and winter months, but a new survey reveals many Americans aren't jumping in line to receive their shots. CBS News' Michael George has more.
In a new Reuters-Ipsos poll, Vice President Kamala Harris is polling ahead of former President Donald Trump by five points after their first presidential debate. Republican strategist Leslie Sanchez and Democratic strategist Joel Payne have more analysis.
Justin Timberlake is back in court Friday and is expected to enter into a plea deal over his driving while intoxicated case. CBS News New York reporter Carolyn Gusoff has more.
Russian President Vladimir Putin issued a warning to the U.S. and its NATO allies about potentially allowing Ukraine to fire Western-supplied long-range missiles at Russia. CBS News senior White House and political correspondent Ed O'Keefe has more.