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 Financial News

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Warren Buffett beat the hedge funds. Here's how One decade ago, Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.

NBC's $12 billion investment in the Olympics is... In 2011, NBC paid a total of $4.38 billion for the rights to the next four Olympics. Three years later it bought another six for $7.7 billion. At the time, the deals looked to many like a sure thing. Now, they have started looking like they could end up being more of a burden than a boon.

As the Olympics end, South Korea asks: Was the... Over 100 events, nearly 3,000 athletes, more than 300 medals -- and a check for $13 billion.

Warren Buffett's annual letter: Berkshire got a... Warren Buffett published his annual letter on Saturday, and it came with some of the usual trimmings: sage advice and reflections on the past year's success.

A cloud hangs over the gun industry Stocks in gun companies have been dragged lower by a cloud of negativity after last week's mass shooting at a Florida high school, which continues to dominate public debate.

Warren Buffett is retiring from Kraft Heinz board Warren Buffett is retiring from the board of directors of Kraft Heinz, a subsidiary of his company Berkshire Hathaway.

The real mastermind behind Peter Thiel's battle... A new book about billionaire Peter Thiel's war against Gawker includes an explosive revelation about the real mastermind behind Bollea v. Gawker, the lawsuit that bankrupted the influential media company founded by Nick Denton.

Major Chinese auto exec takes stake in Daimler The chairman of a Chinese automaker has taken a 10% stake in German automaker Daimler AG.

Gun safety groups want Apple TV and Amazon Fire... Two gun safety groups want Apple, Amazon, Google and Roku to remove the NRA's online video channel from their streaming platforms.

Citigroup will refund $330 million to credit... Some Citigroup credit card holders might be getting a chunk of change.

Waymo wants to prevent puking in self-driving cars Read full story for latest details.

The Kylie Jenner curse? Snapchat faces its... Evan Spiegel became a billionaire by proving people wrong.

Dropbox files for a $500 million IPO Read full story for latest details.

General Mills to buy Blue Buffalo pet food for... General Mills, which is best known for cereal brands like Cheerios and Wheaties, is branching into the fast-growing pet food business with a multi-billion dollar acquisition.

Democrats push CFPB's Mick Mulvaney on payday... Read full story for latest details.

Gothamist, DCist and LAist are coming back from... Four months after their billionaire owner shut them down, beloved local news sites Gothamist, DCist and LAist will soon be back online.

Treasury secretary says we can get paid more... Read full story for latest details.

Donald Trump Jr. had 'a good week' in India.... Read full story for latest details.

Winter Olympics: Six TV takeaways from NBC's... The Winter Olympics are nearly over, bringing with them the customary biennial status check on the viability of the Games and the enduring health of network TV's aging business model.

Tesla, GM buyers to lose $7,500 tax credit... Time is running out for buyers of some of the best-selling plug-in vehicles to get a $7,500 federal tax credit with their purchase.

Articles last updated at Feb 24, 2018 14:11:27pm.
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