Warren Buffett has been named the 14th most powerful person in the world in a new ranking released tonight by Forbes .. but once again, he comes in behind his friend Bill Gates.   Read More

In their first case against anyone involved in the U.S. subprime mortgage meltdown – government prosecutors took it on the chin yesterday.    Read More

Different sectors are taking turns pushing stocks higher. Find out who’s waiting around the bend.   Read More

Alice Schroeder's authorized biography of Warren Buffett is now available in a trade paperback edition.  In an "updated and condensed" version of The Snowball: Warren Buffett and the Business of Life, Schroeder adds a new 31-page chapter covering events after the hardcover's publication last year.  She candidly describes how Buffett made a "series of characteristic brilliant moves interspersed with some surprising errors" as the financial crisis unfolded. With thanks to Bantam and Random House, here is an excerpt from Schroeder's new material.   Read More

Don’t get left behind.   Read More

Warren Buffett's Berkshire Hathaway plans to sell its stakes in Union Pacific and Norfolk Southern, now that it plans to buy their competitor, Burlington Northern.    Read More

Energy, infrastructure, tech, retail and more – the Mad Money host highlights his top picks.   Read More

Burlington Northern Santa Fe CEO Matt Rose says the railroad's proposed acquisition by Berkshire Hathaway is being "very warmly received" by Washington policy makers.   Read More

Warren Buffett's NetJets is putting 495 of its 3200 pilots on furlough effective January 15, as the Berkshire Hathaway subsidiary continues to cut back in the face of a slowdown in private corporate air travel.   Read More

Warren Buffett doesn’t know what he’s doing? Really?   Read More