Markets
Hand-Picked Berkshire Bear Ready to ‘Spice Things Up’ for Buffett This Weekend
Hedge fund trader Doug Kass had his first brush with fame at the age of 10, when he appeared on a U.S. television quiz show, Tic-Tac-Dough, and won every day for a week. More than five decades later, ...Obama to Name Froman as U.S. Trade Representative
President Barack Obama on Thursday will name top international economic affairs adviser Mike Froman as his choice to be U.S. trade representative, a White House official said, handing the job to a ...
Eurozone Sees Light at End of Tunnel, Also More Rough Stops Ahead
There are no calls for celebration, no desire to relax in the corridors of Brussels but some officials believe the euro zone has turned a corner, sharpening the focus on longer-term reforms and ...
Buffett’s Non-Insurance Performance, Succession in Spotlight at ‘Woodstock for Capitalists’
Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway Inc. has become the biggest elephant in the room. ...
Retailers to Compensate Victims of Bangladesh Factory Disaster
Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country's worst ...
Analysis: Angst Over European Union ‘Treaty Change’
If there are two words that tense the jaws of European policymakers and prompt a concerned sucking of teeth, they are treaty change. Like a nervous driver being told mid-route that he needs a ...
U.S. May Not Hit Debt Limit Until October
The United States might not hit the statutory limit on its debt until October, a policy research group said on Friday, giving Republican lawmakers more time to extract spending cuts from the Obama ...
Validus’ Noonan Slams Berkshire Sidecar, Says Cat Model Won’t Jolt US Re Prices
London market participants are competitive but disciplined, Validus Holdings' CEO said on Friday. But one pocket of "excessive competition" is coming from Berkshire Hathaway's Lloyd's sidecar—a ...