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Warren Buffett

Warren Edward Buffett (born August 30, 1930) is an American investor, businessman, and philanthropist. He is one of the most successful investors in history, the primary shareholder and CEO of Berkshire Hathaway, and in 2008 was ranked by Forbes as the richest person in the world with an estimated net worth of approximately $62 billion. In 2009, after donating billions of dollars to charity, Buffett was ranked as the second richest man in the United States with a net worth of $40 billion. Only Bill Gates is currently ranked higher than Buffett. Read More

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Articles About Warren Buffett

U.S. court studies wiretaps in ex-Goldman director's insider case

By Reuters

Lawyers for former Goldman Sachs Group Inc <GS.N> board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial. (May 22)

MORE TOPICS: RAJ RAJARATNAM, GOLDMAN SACHS, COURT, NEW YORK, LAWYER, INSIDER TRADING

Bill Gates, worth $US54 billion, and residing in USA
Bill Gates Grabs Back Title Richest Person in the World in Bloomberg Billionaires List

By IBTimes AU

Bill Gates, the founder of Microsoft, topped the Billionaires' List of Bloomberg, released on Friday. He grabbed the title World's Richest Person from Carlos Slim of Mexico. (May 17)

MORE TOPICS: MICROSOFT, BILL GATES, MEXICO, CONGRESS

Rating for Buffett's Berkshire cut by S&P

By Reuters

Warren Buffett's Berkshire Hathaway Inc <BRKa.N> <BRKb.N> had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend income. (May 17)

MORE TOPICS: S&P, INVESTMENT

S&P cuts Berkshire Hathaway rating by one notch to 'AA'

By Reuters

Credit rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc <BRKa.N><BRKb.N>, the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the compa... (May 16)

MORE TOPICS: S&P

POSCO moves closer to iron ore access for $12 billion India steel plant

By Reuters

POSCO's <005490.KS> planned $12 billion steel project in India moved a step forward on Friday after a court handed a decision on a mining license to the federal government, raising the South Korean firm's chances of getting preferential access to iron ore. (May 10)

MORE TOPICS: COURT, INDIA, SUPREME COURT, FOREIGN DIRECT INVESTMENT, INVESTMENT

POSCO's $12 billion India steel project boosted by court order

By Reuters UK

POSCO's <005490.KS> planned $12 billion (7.7 billion pounds) project in India got a boost on Friday after a top court said the federal government will decide on giving the South Korean steelmaker's long-delayed plant preferential access to iron ore. (May 10)

MORE TOPICS: COURT, INDIA, SUPREME COURT, FOREIGN DIRECT INVESTMENT, INVESTMENT

A logo of POSCO
Government to Decide on Giving Iron Ore License to POSCO: Supreme Court

By Reuters

The government will decide if South Korean steelmaker POSCO (005490.KS) can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project billed as the country's largest foreign direct investment. (May 10)

MORE TOPICS: COURT, INDIA, SUPREME COURT, FOREIGN DIRECT INVESTMENT, INVESTMENT

S&P 500 ends at record again; financials, Apple lead

By Reuters

The S&P 500 closed at another record high, pushing further above 1,600 as financial shares led the way after Bank of America's settlement with MBIA. (May 07)

MORE TOPICS: CHINA, GENERAL MOTORS, DOW JONES, BANK OF AMERICA, BARCLAYS, S&P

Dollar rises, Wall Street eyes new record

By Reuters UK

The U.S. dollar rose against the yen and euro on Monday and U.S. stocks were set to close at a new record as the outlook for the U.S. economy continued to brighten following last week's strong jobs report. (May 07)

MORE TOPICS: CHINA, GOLD, DOW JONES, GOLD PRICES, JAPAN, EUROPEAN CENTRAL BANK

Wall St. extends rally; financials, Apple lead

By Reuters

Stocks inched higher on Monday, lifted by financials and Apple shares, as Wall Street extended a rally that pushed the Dow and S&P 500 to record highs last week. (May 07)

MORE TOPICS: CHINA, GENERAL MOTORS, DOW JONES, BANK OF AMERICA, BARCLAYS, SETTLEMENT