Topic: Warren Buffett

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10 biggest US foundations and what they do

What are the 10 biggest foundations in the United States? Here they are in ascending order, based on their assets, along with a little bit about what social problems each addresses.

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Change Agent Online course lets students give money away

The Giving With Purpose online course lets people give away money from the sister of billionaire Warren Buffett while learning strategies from him and others that they can use to make sure their own donations are effective.
10 biggest US foundations and what they do

What are the 10 biggest foundations in the United States? Here they are in ascending order, based on their assets, along with a little bit about what social problems each addresses.
Readers Write: Most Americans should be investors, not traders

Letter to the Editor for the June 17, 2013 weekly issue: The small investor is led down the garden path of attempting to grow riches from a mix of potent investment vehicles and propitious timing. It doesn't work that way. If investors can exercise patience and discipline, time becomes their ally.
The Reformed Broker The paradox of 'dumb money'

The stigma of resigning one's self to hands-off, average returns is almost non-existent now, Brown writes. It would have been unthinkable to investors just fifteen years ago.
Change Agent Steve Jobs widow: How is Laurene Powell Jobs spending her wealth? (+video)

Steve Jobs widow, Laurene Powell Jobs, is emerging as a education philanthropist and immigration reform campaigner. Since her husband, Steve Jobs, passed on, Mrs. Powell Jobs has joined the push for passage of the Dream Act.
The Simple Dollar What Warren Buffett's stock market math means for your retirement

What do Warren Buffett's stock projections mean for your retirement savings? Save plenty for retirement, Hamm writes, and start saving now.
Bank of America leads bank stocks rally

Bank of America stocks soared Monday, leading a rally in big-bank stocks on an otherwise quiet day on Wall Street. Stock indexes ended little changed following a record-setting run last week.
Despite slowing growth, shareholders' faith in Warren Buffett holds strong

At Berkshire Hathaway Inc's annual meeting, investors acknowledged the company's fastest-growing days have probably passed. But shareholders say they are still confident with Warren Buffett and his hand-picked management team at the helm.
The New Economy Penny Pritzker steps into limelight as Commerce nominee

Penny Pritzker is first member of the wealthy family to accept a federal post. President Obama has nominated Penny Pritzker as Commerce secretary.
'Warren is in the house.' Billionaire Warren Buffett joins Twitter.

Warren Buffett has joined Twitter, becoming the second-richest member of the social network in the process. What can we expect from Warren Buffett's tweets?
USA Update Home prices up 12 percent as investors bet on real estate

The US housing market, long the sluggard in the recovery, builds on its rebound, with prices of existing homes up 12 percent last month from a year ago. In a twist, many buyers aren't individuals but rather corporate investors.
Decoder Wire Obama's tax rate is 18.4 percent. Is that too low for a millionaire?

The release of President Obama's tax returns last week showed that his tax rate has gone down. Of course, his income went down and he gave a lot to charity, but critics are still chirping.
Tax VOX Obama budget: How would the 'Buffett Rule' work?

President Obama's 2014 budget proposal calls for a so-called 'Buffett Rule' that would ensure that high-income households pay at least a minimum percentage of their income in taxes. It turns out that setting a floor on the taxes rich people pay is not so easy, Williams writes.
Energy Voices Will Warren Buffett buy China's bankrupt Suntech solar company?

Suntech stock has rallied on rumors that Warren Buffet may buy the bankrupt Chinese solar company. No one’s quite sure why Warren Buffett might want to buy Suntech, Alic writes, and there has been no confirmation from MidAmerican Holdings that any deal is in the works.
Six things Obama's budget plan reveals about his priorities

President Obama's $3.78 trillion budget for fiscal 2014 lays out elements of a possible 'grand bargain' with Congress. At the same time, it speaks to his policy priorities.
For some farmers, a return to animal power

A nonprofit based in Michigan teaches animal-powered farming at home and abroad. Draft power, or animal traction, is a method smaller farmers still use because draft animals cost less than tractors and require no fuel.
$56 million golden parachute awaits Heinz CEO, if fired (+video)

$56 million golden parachute? That's what awaits Heinz CEO William Johnson if he is fired by the company's new owners. In addition to the $56 million golden parachute, Johnson is entitled to a payout of $99.7 million in vested stock and $57 million in deferred compensation benefits that he accrued over his 30-year career with Heinz.
Energy Voices Wholesale power: bankruptcies and lessons

The possible bankruptcy of Energy Future Holdings shows how tough it is to make profits in wholesale power – or finance new coal plants. The fracking revolution is reshaping the energy landscape.
Warren Buffett's bad news: a $24 billion gain

Warren Buffett's annual shareholders letter says Berkshire Hathaway's 14.4 percent gain trailed the S&P's performance. Despite the bad news, an optimistic Warren Buffet is searching for more acquisitions.
If not 'sequester,' then what? Five ideas from left and right.

Few in Washington believe that "the sequester,” $85 billion in automatic spending cuts set to hit the federal budget as of March 1, is a good idea. But what's the alternative? Here are five proposals, from the right, the center, and the left, to replace the sequester. Which do you like?
The Monitor's View Charitable tax deduction: What price for love?

In weighing tax reform, Congress has its eye on the charitable tax deduction – as a 'loophole.' It needs to first look at the changing ways that Americans give and then act to safeguard charity in all its forms.
Latin America Monitor Brazil's 2013 Carnival may have rocked ... but parts also stank.

The amount of trash collected during this year's blocos, or street parties, grew 30 percent from last year – and tourists noticed, with 1 out of 4 citing sanitation as a negative of their Rio Carnival experience.
Stocks waver as Europe's economy slows

Stocks ended roughly where they started Thursday as European economic woes eclipsed a promising US jobs report. After a strong start, stocks have drifted sideways over the previous week with few major events to sway investors.
Warren Buffett: Heinz ketchup company to be bought by Buffet firm (+video)

Berkshire Hathaway is dipping into the ketchup business as part of a $23.3 billion deal to buy the Heinz ketchup company. Berkshire Hathaway, billionaire Warren Buffett's investment firm, teamed up with 3G Capital to buy Heinz in the food industry's largest deal ever.
Africa Monitor Black billionaire in South Africa pledges to give away half his fortune

The ruling party praised the mining magnate, Patrice Motsepe, and said he was part of a 'patriotic bourgeoisie' of rich black South Africans with a social conscience.