Buffett Doubles Down on Apple While Accounting Changes Mean a Loss

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Buffett Doubles Down on Apple While Accounting Changes Mean a Loss

Warren Buffett. Whether you agree with the calls the man has made in his illustrious investing career or not, when he talks, you'd better listen because this is a man who can move markets and this week was no exception. Buffett, interviewed this week on CNBC let slip in advance of Berkshire Hathaway's
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Ex-State Street Executive Charged for Hidden-Fee Fraud

A former State Street Corp. executive was arrested on charges he conspired to defraud an insurance company by secretly overcharging it on fixed-income and equity trades' fees. Kevin Walker was accused by federal prosecutors in Boston Friday of participating in the scheme that also involved a senior
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Warren Buffett's accounting 'nightmare' fuels first loss since 2009

New York: Warren Buffett has warned about the “nightmare” tied to new accounting-rule changes. Now it's beginning. The rules, which require Berkshire to report unrealized gains or losses in equity investments in net income, helped fuel a $1.14 billion loss at Buffett's Berkshire Hathaway Inc. in the first
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Musk apologizes for his bizarre investor call, but still gets things bizarrely wrong

Elon Musk speaks comfortably at a climate change summit in 2015. (Eric Piermont / AFP/Getty Images). Tesla Chief Executive Elon Musk apologized Friday – sort of – for Thursday's bizarre conference call with investment analysts that shaved more than 5 …
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Dow gains 332 points, books best day in 3 weeks as Apple's stock surges to record

U.S. stocks logged sharp gains Friday, with major indexes shaking off an early slide as technology stocks—notably Apple Inc.—rallied, overshadowing uncertainty over tense trade talks between the U.S.
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