May 4, 2013
CONNECTICUT Fate of Sandy Hook property unclear Newtown officials are struggling to move toward a decision on what to do with the elementary school where 20 first-graders and six staff members were fatally shot in December, after teachers expressed grief and frustration during a closed session before a public meeting. A task force of 28 local elected officials had considered voting Friday night on a recommendation to the local school board but decided to continue the discussion Friday.
March 26, 2013
TRADING Three more charged with insider trading Federal prosecutors announced criminal charges Tuesday against three new defendants in the government's broad-based insider trading probe. Authorities said David Riley, a former chief information officer at Foundry Networks, leaked tips about the company's pending $3 billion takeover in 2008 by Brocade Communications Systems to hedge fund analyst Matthew Teeple. The government said Teeple then tipped others, resulting in trades that led to more...
August 29, 2012 |
Ask Warren Buffett for a photo, he'll ask for your hand in marriage. It turns out the Oracle of Omaha has a signature move—and it involves popping the question to the many ladies who ask for a picture with him. And there are many. The first time I saw Buffett propose was at Fortune's Most Powerful Women Summit last fall. His right knee touched down on the pink carpet as he posed for the camera in a mock proposal to the summit's main organizer, reporter Pattie Sellers.
June 10, 2012 |
The Economic Club of Washington rolled out a special head table — and laid in a special soft drink supply — at the Marriott Wardman Park in the District last Tuesday for the club's 25th anniversary, where it hosted billionaire investor Warren Buffett . Buffett's Berkshire Hathaway holding company owns around 21 percent of The Washington Post Co., and he is a former member of The Post's board of directors. Buffett, 81, sat between former Google chief executive Eric Schmidt and attorney...
May 17, 2012 |
Newspapers are yesterday's news in a digital world, or so many believe. Warren Buffett, one of the world's savviest investors, begs to differ. Richmond-based Media General said Thursday morning that it was selling 63 daily and weekly newspapers, including its flagship Richmond Times-Dispatch, to Buffett's Berkshire Hathaway for $142 million in cash. The deal continues Buffett's long infatuation with newspapers. He was an early investor in (and remains a major shareholder of) the...
April 17, 2012 |
Warren Buffett, a billionaire investor whose campaign for higher income taxes on the wealthy has put his name in the middle of the presidential campaign, said Tuesday that he has prostate cancer. The cancer is Stage 1, was found by routine testing and is "not remotely threatening," the 81-year-old wrote in an open letter to shareholders of his company, Berkshire Hathaway. "I feel great — as if I were in my normal excellent health," he wrote. "And my energy level is 100 percent.