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Warren Buffett beat the hedge funds. Here's how

8 years 7 months ago

One decade ago, Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.

NBC's $12 billion investment in the Olympics is looking riskier

CNN Money

8 years 7 months ago

In 2011, NBC paid a total of $4.38 billion for the rights to the next four Olympics. Three years later it bought another six for $7.7 billion. At the time, the deals looked to many like a sure thing. Now, they have started looking like they could end up being more of a burden than a boon.

Warren Buffett's annual letter: Berkshire got a $29 billion gift from new tax code

CNN Money

8 years 7 months ago

Warren Buffett published his annual letter on Saturday, and it came with some of the usual trimmings: sage advice and reflections on the past year's success.

A cloud hangs over the gun industry

CNN Money

8 years 7 months ago

Stocks in gun companies have been dragged lower by a cloud of negativity after last week's mass shooting at a Florida high school, which continues to dominate public debate.

Gun safety groups want Apple TV and Amazon Fire to pull NRATV

CNN Money

8 years 7 months ago

Two gun safety groups want Apple, Amazon, Google and Roku to remove the NRA's online video channel from their streaming platforms.

Warren Buffett is retiring from Kraft Heinz board

CNN Money

8 years 7 months ago

Warren Buffett is retiring from the board of directors of Kraft Heinz, a subsidiary of his company Berkshire Hathaway.

The real mastermind behind Peter Thiel's battle with Gawker

CNN Money

8 years 7 months ago

A new book about billionaire Peter Thiel's war against Gawker includes an explosive revelation about the real mastermind behind Bollea v. Gawker, the lawsuit that bankrupted the influential media company founded by Nick Denton.

Major Chinese auto exec takes stake in Daimler

CNN Money

8 years 7 months ago

The chairman of a Chinese automaker has taken a 10% stake in German automaker Daimler AG.

Tesla, GM buyers to lose $7,500 tax credit within a year

CNN Money

8 years 7 months ago

Time is running out for buyers of some of the best-selling plug-in vehicles to get a $7,500 federal tax credit with their purchase.

Waymo wants to prevent puking in self-driving cars

CNN Money

8 years 7 months ago

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These companies have cut ties with the NRA

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8 years 7 months ago

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Citigroup will refund $330 million to credit card customers it overcharged

CNN Money

8 years 7 months ago

Some Citigroup credit card holders might be getting a chunk of change.

Dropbox files for a $500 million IPO

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8 years 7 months ago

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No, Dana Loesch, members of the media do not 'love' mass shootings

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8 years 7 months ago

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The Kylie Jenner curse? Snapchat faces its defining moment

CNN Money

8 years 7 months ago

Evan Spiegel became a billionaire by proving people wrong.

General Mills to buy Blue Buffalo pet food for $8 billion

CNN Money

8 years 7 months ago

General Mills, which is best known for cereal brands like Cheerios and Wheaties, is branching into the fast-growing pet food business with a multi-billion dollar acquisition.