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Berkshire Hathaway for $68? Sweet!

Fri, 06 Nov 2009 16:32:47 EST

I don't know about you, but I don't have a spare $101,900 stuffed under my couch cushions to buy an "A" share of Warren Buffett's Berkshire Hathaway. I probably could scrounge together $3,395 for one "B" share, but I would rather not.

Five more banks fail - 120 for the year

Fri, 06 Nov 2009 22:43:50 EST

Five banks failed late Friday, bringing the 2009 tally to 120.

AIG profitable for second straight quarter

Fri, 06 Nov 2009 09:55:50 EST

AIG reported its second profitable quarter in a row early Friday, as stabilization in its insurance businesses and the credit and mortgage markets helped boost results.

Fannie Mae posts $19 billion loss on bad loans

Thu, 05 Nov 2009 19:30:25 EST

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Meet the new leaders of banking

Fri, 06 Nov 2009 11:04:59 EST

JPMorgan Chase, Wells Fargo and other bank behemoths have bulked up over the past year. But they're not the only ones getting bigger these days.

Stop the 'jobless recovery' madness!

Fri, 06 Nov 2009 19:46:43 EST

It's time to stop glorifying our economic doldrums with this "jobless recovery" nonsense.

Businesses get a break in unemployment bill

Fri, 06 Nov 2009 11:47:41 EST

The unemployment insurance bill that President Obama signed Friday won't just help the jobless and the homebuyer. It also includes a long-awaited break for businesses that will let them quickly turn their recent losses into cold cash.

Toyota reports surprise profit

Thu, 05 Nov 2009 04:10:14 EST

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Yankees - The Goldman Sachs of baseball

Fri, 06 Nov 2009 11:25:22 EST

Read full story for latest details.

Time to drain Wall Street bonus pool?

Thu, 05 Nov 2009 13:37:21 EST

Is the Fed about to hit the brakes on the Wall Street gravy train?

Why the Droid won't save Motorola

Thu, 05 Nov 2009 14:19:27 EST

Motorola is obviously hoping that, to twist a famous Obi-Wan Kenobi quote from "Star Wars," its heavily hyped new phone is the Droid people are looking for.

Intel charged with antitrust - NY attorney general

Wed, 04 Nov 2009 13:17:49 EST

New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel, alleging the chipmaker threatened computer makers and paid kickbacks to stop them from using competitors' chips, Cuomo's office said Wednesday.

Chrysler broke even in September

Wed, 04 Nov 2009 17:57:34 EST

Chrysler Group broke even in September and ended its first post-bankruptcy quarter with more cash on hand than it had at the beginning of the period, the company's new boss said Wednesday.

Toyota wrangles over floor mat recall

Wed, 04 Nov 2009 18:55:55 EST

What could have been a heated battle between between Toyota and the National Highway Transportation Safety Administration in a game of "he said/she said" quickly cooled.

Microsoft to cut 800 more jobs

Wed, 04 Nov 2009 14:35:36 EST

Microsoft Corp. will eliminate 800 more positions from its workforce, the company announced Wednesday.

Time Warner sees brighter future

Wed, 04 Nov 2009 12:21:31 EST

Time Warner Inc. said Wednesday that its business outlook has improved, after the company posted quarterly profit and sales that fell from year-ago results but beat Wall Street's forecasts.

Galleon scandal twists and turns

Wed, 04 Nov 2009 12:31:56 EST

A recent report that Galleon investigators have subpoenaed a former SAC Capital Advisors employee shows that the scandal's tentacles are maybe reaching farther and farther.

GM scraps sale of European arm

Wed, 04 Nov 2009 07:12:12 EST

General Motors has decided to keep its European Opel unit, canceling the planned sale to Canadian firm Magna, the company said.

CIT's long goodbye

Tue, 03 Nov 2009 18:27:17 EST

When CIT Group filed for bankruptcy Sunday, it wasn't much of a surprise. The once-dominant small business lender has been largely sidelined for more than a year.

Disney comes to China

Wed, 04 Nov 2009 12:14:55 EST

China's announcement on Wednesday that Walt Disney could go ahead with its long-planned theme park in Shanghai raised a few eyebrows in Hong Kong. That's because Disney's first foray into the China market, via Hong Kong in 2005, has been tepid at best -- and embarrassing at worst.