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Monday, Feb 25, 2019 at 12:39 PM EST

Warren Buffett Says Bitcoin Is a 'Delusion' and 'Attracts Charlatans'

Warren Buffett Says Bitcoin Is a 'Delusion' and 'Attracts Charlatans'

Billionaire investor Warren Buffett is doubling down on his bitcoin criticism. "Bitcoin has no unique value at all," Buffett told CNBC's Becky Quick in a "Squawk Box" interview Monday. "It is a delusion,...

Sunday, Feb 24, 2019 at 08:57 PM EST

Consumer Goods Companies Preparing for Climate Change Impact

Consumer Goods Companies Preparing for Climate Change Impact

Companies behind some of the best-known consumer products — from soaps to sodas — are beginning to factor climate change into their business equation, according to a report published Monday. The survey of 16...

Saturday, Feb 23, 2019 at 05:51 PM EST

Warren Buffet Wants to Make 'Elephant-Sized' Buy

Warren Buffet Wants to Make 'Elephant-Sized' Buy

Despite a sour year in which Berkshire Hathaway posted a loss and was forced to write down $3 billion on its investments, Warren Buffett told shareholders that he wants to make a big acquisition. There is just...

Friday, Feb 22, 2019 at 11:41 AM EST

At Kraft Heinz, a Fed Investigation and a $15.4B Write-Down

At Kraft Heinz, a Fed Investigation and a $15.4B Write-Down

Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company's...

Thursday, Feb 21, 2019 at 05:00 PM EST

AT&T Pulls YouTube Ads Amid Fallout Over Pedophilia Content

AT&T Pulls YouTube Ads Amid Fallout Over Pedophilia Content

AT&T is the latest company to pull its ads from YouTube following reports that pedophiles have latched onto videos of young children, often girls, marking time stamps that show child nudity and objectifying the...

Wednesday, Feb 20, 2019 at 10:23 AM EST

Bankrupt Payless Will Honor Gift Cards, Credit Into March

Bankrupt Payless Will Honor Gift Cards, Credit Into March

Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America, with gift cards and store credit good until March 11. The filing on Monday came a...

Wednesday, Feb 20, 2019 at 04:09 PM EST

Samsung Folding Phone Is Different - But Also Almost $2,000

Samsung Folding Phone Is Different - But Also Almost $2,000

Samsung unveiled a highly anticipated smartphone with a foldable screen in an attempt to break the innovation funk that has beset the smartphone market. But it's far from clear that consumers will embrace a...

Tuesday, Feb 19, 2019 at 04:41 PM EST

US Automakers to Trump: Don't Slap Tariffs on Imported Cars

US Automakers to Trump: Don't Slap Tariffs on Imported Cars

America's auto industry is bracing for a potential escalation in President Donald Trump's tariff war with the world, one that could weaken the global auto industry and economy, inflate car prices and trigger...

Monday, Feb 18, 2019 at 11:17 PM EST

FAA Probe Into SWA Weight, Baggage Calculations Ongoing

FAA Probe Into SWA Weight, Baggage Calculations Ongoing

The Federal Aviation Administration says it's not ready to close a year-long safety investigation into Southwest Airlines. The investigation is centered around the weight of baggage loaded onto Southwest's...

Monday, Feb 18, 2019 at 04:48 PM EST

U.S. Car Buyers Could Face Higher Prices From Import Tariffs, Auto Industry Warns

U.S. Car Buyers Could Face Higher Prices From Import Tariffs, Auto Industry Warns

Automakers, car dealers and parts manufacturers have gone into high gear in a bid to derail the threat of new tariffs on foreign-made cars and car parts. The tariffs, they warn, could backfire, raising...

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