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Warren Buffett

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Berkshire Hathaway Buys Verizon, Boosts Stake In Liberty Global, Wal-Mart

Source: Business Balla | May 16 2014, 7:45am CDT | by Forbes

Warren Buffett (Trades, Portfolio) is now joined by his two investing side-kicks, Ted Weschler and Todd Combs, who make...
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10 Cool Startups To Work For In New York City

Oct 30 2014 8:49am CDT | Source: Business Insider

Silicon Valley may be known as the core of America's startup scene, but Silicon Alley can certainly hold its own. New York City is home to more than its fair share of cool startups and small businesses. That's why Hired.com, which specializes in recruiting startup and tech talent, recently measured which New York-based companies are most intriguing to job seekers. By looking at companies on its site with the highest number ...
Full article at: Business Insider
 

 

Terrible Things Happen All Of The Time And The Stock Market Keeps Going Up

Oct 30 2014 6:29am CDT | Source: Business Insider

After an incredible 5-year bull market run, which saw the S&P 500 double from its March 2009 low of 666, many stock market watchers were sure this would be the year that things would finally turn. There certainly has been no shortage of bad news that would cause investors and traders to sell. "Just this year alone, the list of anxiety-provoking events has been a long one: Emerging markets mini crisis (January 23), C ...
Full article at: Business Insider
 

 

Latest stories

Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in the inner solar system. | by IANS
 
Wearable health devices key for safe space tourism
New York, Oct 31 (IANS) At a time when several firms are developing spacecrafts to take ordinary citizens on short trips into space, scientists have outlined the risks and challenges involved in human commercial spaceflights. | by IANS
 
Nestle to introduce robots as sales clerks
Tokyo, Oct 31 (IANS/EFE) Nestle will use robots as sales clerks at its outlets selling coffee makers in Japan, an initiative that will later spread worldwide, a Nestle spokesperson confirmed to EFE news agency. | by IANS
 
 

Is Warren Buffett Scratching His Head Over Berkshire Hathaway's Holding In 'Basket Case' Tesco?

Oct 28 2014 3:24pm CDT | Source: Forbes Real Time

With shares in British supermarket giant Tesco hitting an 11-year low last Friday and ending virtually unchanged at 169.10p (c.$2.80) each this Monday, valuing the company at around £13.70 billion (c.$22.6bn), Warren Buffett, CEO and chairman of Berkshire Hathaway Inc. and pre-eminent world investor, might be mulling the deci ...
Full article at: Forbes Real Time
 

 

Tesco’s Downfall Is a Warning to Data-Driven Retailers

Oct 28 2014 8:00am CDT | Source: Harvard Business Review

Tesco’s chairman has resigned in disgrace. The company’s market value has more than halved to an 11-year low as it acknowledged overstating profits by hundreds of millions of dollars. And a humbled Warren Buffett, after opportunistically raising his stake in the company after a surprise profit warning, confessed to CNBC: “I made a mistake on Tesco. That was a huge mistake by me.” Indeed. Britain’s biggest supermark ...
Full article at: Harvard Business Review
 

 

'Shark Tank' Investor Daymond John Shares 7 Business Books That Changed His Life

Oct 27 2014 9:50am CDT | Source: Business Insider

Daymond John's parents taught him that a day job was never going to make him rich. He was in charge of his own destiny and could accomplish what he wanted if he put the work in. When he was 16, he tells us, he read Napoleon Hill's classic business book "Think and Grow Rich," and it changed his life. It reinforced what his parents taught him and inspired him to set lofty goals. In 1992, at the age of 23, he and his mom mortgaged their house in Holl ...
Full article at: Business Insider
 

 

Could a Four-Year-Old Do What Carl Icahn Does?

Oct 27 2014 8:00am CDT | Source: Harvard Business Review

It’s a well-worn saying, presumably dating back to when art turned “modern”: “My four-year-old could do that.” Or “five-year-old,” or “kid,” or some other variant. Museum-goers, looking at a Rothko or a Pollock, scratched their heads and wondered exactly what made these works so valuable — while the seemingly similar messes their children brought home from art class were just… messes. I have my own version of this. Every time investo ...
Full article at: Harvard Business Review
 

 

Buffett lost $2 billion, but there's good news

Oct 23 2014 5:54pm CDT | Source: Fortune

Buffett's investment firm lost big on Coca-Cola and IBM this week, but that's about the extent of his losses this ...
Full article at: Fortune
 

 

The World's Second Biggest Retailer Is Getting Hammered As Profits Collapse 90%

Oct 23 2014 1:16am CDT | Source: Business Insider

Tesco's results are out today for the first half of the year , and they've been hammered. Shares are down more than 5% just as the London Stock Exchange opens Thursday, adding to the last month's brutal sell-off.  Like for like sales are down 4.6%, trading profit is down 41% to £937 million, and revenue is down 4.5%. Statutory profit before tax is down 91.9% to just £112 million for a business with revenue 300 times that. Dividends ...
Full article at: Business Insider
 

 

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Latest from the Network

Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in...
Read more on Business Balla
 
Wearable health devices key for safe space tourism
New York, Oct 31 (IANS) At a time when several firms are developing spacecrafts to take ordinary citizens on short trips into space, scientists have outlined the risks and challenges involved in human commercial...
Read more on Business Balla
 
Early Walmart Cyber Monday 2014 Sale and Holiday 2014 Sale announced
Walmart has revealed their first Holiday 2014 sales details. Starting Saturday Walmart will offer over 20,000 rollback deals. New this year are early Walmart Cyber Monday 2014 sales starting midnight on walmart.com.On...
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Nestle to introduce robots as sales clerks
Tokyo, Oct 31 (IANS/EFE) Nestle will use robots as sales clerks at its outlets selling coffee makers in Japan, an initiative that will later spread worldwide, a Nestle spokesperson confirmed to EFE news agency....
Read more on Celebrity Balla
 
Healthy diet for infants prevents obesity later
New York, Oct 31 (IANS) If you do not want your baby to grow up into an overweight adult, make sure you feed him or her healthy diet from the very first year, a study suggests. Babies who eat diets high in sugar, fat...
Read more on Business Balla
 
Popular mosquito catcher in Japan uses human odour as bait
Tokyo, Oct 31 (IANS) A novel mosquito trap that lures its prey using human scent and other smells favoured by the critter is creating a buzz as Japan frets about the spread of dengue fever. The boxlike device is the...
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Antarctic ozone hole stands steady: Scientists
Washington, Oct 31 (IANS) The Antarctic ozone hole has reached its annual peak size and holds steady, say scientists, trying to determine if the ozone hole trend over the last decade is a result of temperature...
Read more on Business Balla
 
How genes affect Ebola patients
New York, Oct 31 (IANS) The Ebola virus affects different people differently, say researchers, adding that genetic factors could be behind this mild-to-deadly range of reactions to the virus. While some people...
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Pierce Brosnan mortgaged heating to fund big break
Pierce Brosnan funded his big break in acting by taking out a second mortgage on his central heating. The 61-year-old star has revealed his late wife Cassandra Harris - who died from ovarian cancer aged 43 in 1991 -...
Read more on Celebrity Balla
 
Lahiri hoping for memorable debut at WGC-HSBC Champions
Shanghai, Oct 31 (IANS) India's Anirban Lahiri will be hoping for a memorable debut when he takes his place among the game's elite at next week's $8.5 million WGC-HSBC Champions. The final World Golf Championships...
Read more on Sport Balla