Warren Buffett news stories on Newser

Buffett's Latest Buy: 63 More Newspapers

Thu, 17 May 2012 09:56:31 CDT

Billionaire Warren Buffett's company is making its largest foray into newspapers yet, agreeing to buy 63 papers from Media General Inc. The $142 million deal includes the Richmond Times-Dispatch and the Winston-Salem Journal . The company is selling all its papers except those in Tampa, most importantly the Tampa Tribune . Media...

Buffett Feels 'Terrific' Despite Prostate Cancer

Sat, 05 May 2012 15:34:05 CDT

Warren Buffett insists that he's feeling good after his recent prostate cancer diagnosis. Based on the questions he got at Berkshire Hathaway's annual meeting, shareholders are taking him at his word. Despite the fact that Buffett just disclosed his cancer diagnosis last month, he didn't face the first question about...

Stephen King: Raise My F***ing Taxes Already

Matt Cantor — Mon, 30 Apr 2012 10:04:41 CDT

Stephen King is following Warren Buffett's lead with an op-ed begging to be taxed more—though King drops in a few more F-bombs in his very salty appeal. In "Tax Me, for F***'s Sake," the wealthy author offers his views on his fellow one-percenters: "The majority would rather douse their...

World's Most Influential People

Evann Gastaldo — Wed, 18 Apr 2012 11:25:05 CDT

From politicians and authors, to tech titans and entrepreneurs, to entertainers and athletes, Time 's 2012 list of the world's 100 most influential people contains a little bit of everything. A sampling: Mitt Romney : President Obama makes the list, of course, but so do GOP challengers Romney and Ron Paul....

Warren Buffett Has Prostate Cancer

Kate Schwartz — Tue, 17 Apr 2012 16:21:47 CDT

Warren Buffett today announced he has stage I prostate cancer, but the octogenarian was quick to spread the "good news" that the condition "is not remotely life-threatening or even debilitating in any meaningful way," according to a release spotted by the Wall Street Journal . The Oracle of Omaha reveals that...

Obama on Buffett Rule: It's Really the Reagan Rule

Kevin Spak — Wed, 11 Apr 2012 11:31:26 CDT

So much for the Romney Rule . President Obama has settled on another way to rebrand the Buffett Rule, which would impose a 30% minimum tax on income above $1 million, Roll Call reports. "I’m not the first president to call for this idea that everybody’s got to do their fair...

Obama Looks to Bludgeon Romney With Buffett Rule

Kevin Spak — Tue, 10 Apr 2012 07:49:57 CDT

On a recent White House conference call on the Buffett Rule , a reporter offered President Obama's staff an idea: Why not call it the "Romney Rule?" So far they haven't taken that suggestion, but they are giddy at the prospect of campaigning for the rule, which would ensure the wealthy...

Report: Rich Would Dodge Buffett Rule

Rob Quinn — Thu, 22 Mar 2012 03:54:47 CDT

The proposed "Buffett Rule" tax on America's highest earners would barely make a dent in the federal deficit, according to a report from congressional analysts. The plan to impose a 30% minimum tax on people making more than $1 million a year would raise just $47 billion over 11 years,...

Celebs Got Seat at State Dinner

Kate Schwartz — Thu, 15 Mar 2012 06:34:08 CDT

British Prime Minister David Cameron and wife Samantha were the honorees at last night's state dinner, but the real VIPs were the other 350-something people who managed to score a ticket. Among them: George Clooney (who sat next to Michelle Obama at the head table, but of course), Warren Buffett,...