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Buffett Croons in Chinese New Year Gala

Posted January 22nd, 2012 at 4:15 pm (UTC-5)
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U.S. billionaire and philanthropist Warren Buffett has appeared singing and playing the ukulele on Chinese state television. Buffett appeared on a hugely popular Chinese Lunar New Year variety show, singing the folk song I’ve Been Working On The Railroad, in the video posted on state broadcaster CCTV’s “Spring Festival Gala” website Sunday. Buffett also wished […]

Tags: , , , , Posted in East Asia Pacific

Warren Buffet Makes Major Investment in Largest US Bank

Posted August 26th, 2011 at 6:50 am (UTC-5)
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Noted U.S. businessman Warren Buffett is investing $5 billion in the nation’s largest financial institution, Bank of America, which is facing potentially huge losses over its home mortgage business. Shares of Bank of America have plummeted over fears the bank is vulnerable over its 2008 purchase of mortgage lender Countrywide Financial, the company whose reckless […]

Tags: , , , Posted in US

Buffett Asks US to Stop ‘Coddling’ Rich on Taxes

Posted August 15th, 2011 at 8:55 am (UTC-5)
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The second-richest person in the United States, investor Warren Buffett, has repeated his plea for the government to collect more taxes from the country’s “super-rich” as one way to cut the government budget deficit and debt. Writing in Monday’s New York Times , Buffett said the wealthiest Americans have been “coddled long enough by a […]

Tags: , , Posted in Economy, US

Lunch With Warren Buffett Costs $2.6 Million

Posted June 11th, 2011 at 6:00 pm (UTC-5)
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An anonymous bidder has agreed to some $2.6 million for lunch with billionaire investor Warren Buffett. The winning bid at the annual charity auction broke the record set last year by a little more than $100. The proceeds go to the Glide Foundation, which provides social services to the poor and homeless in San Francisco. […]

Tags: , , Posted in US

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