Berkshire’s Net Drops 64%

Posted on May 2, 2008 by

Berkshire Hathaway’s first-quarter net income dropped 64% as underwriting income wilted and the giant conglomerate led by Warren Buffett reported $1.7 billion in unrealized derivatives losses.

Will Disney Magic Triumph?

Posted on May 2, 2008 by

When Walt Disney reports earnings on Tuesday, investors will find out whether Disney magic can continue to protect its theme-park and resort business against the threats of a soft economy and rising gas and food prices.

Warren Buffett: A Legend Who Actually Lives Up To the Hype

Posted on May 2, 2008 by

Thousands of Warren Buffett devotees will be in Omaha, Neb., this weekend for the Berkshire Hathaway annual meeting.The annual confab, dubbed by some “the Woodstock of Capitalism,” is a testament to Buffett, the world’s richest man and one of t

CONFIRMED: Microsoft-Yahoo in Negotiations, Price Up ‘Several Dollars’

Posted on May 2, 2008 by

From Silicon Alley Insider, May 2, 2008:UPDATE: The WSJ has confirmed
our earlier assumption: Microsoft has been silent because Microsoft and
Yahoo are now negotiating seriously about consummating a friendly deal.
Microsoft has raised its bid “by

A Glimmer of Hope?

Posted on May 2, 2008 by

As Obama and Clinton head into their final week of campaigning before Tuesday’s primaries, some polls are now giving Clinton a glimmer of hope. (May 2)

A Glimmer of Hope?

Posted on May 2, 2008 by

As Obama and Clinton head into their final week of campaigning before Tuesday’s primaries, some polls are now giving Clinton a glimmer of hope. (May 2)

Olympic Torch in China

Posted on May 2, 2008 by

Security swarms the torch in Hong Kong as pro-China supporters and protestors spar on the sidelines. Video courtesy of Reuters. (May 2)

Olympic Torch in China

Posted on May 2, 2008 by

Security swarms the torch in Hong Kong as pro-China supporters and protestors spar on the sidelines. Video courtesy of Reuters. (May 2)

GM Shows Off Hydrogen Car

Posted on May 2, 2008 by

General Motors calls it one answer to the problem of America’s heavy dependence on foreign oil — Hydrogen Fuel-Cell Vehicles. Video courtesy of Reuters. (May 2)

Venture Placements Easing in the Quarter

Posted on May 2, 2008 by

With confidence among Silicon Valley venture capitalists at a new low, Mark Cannice of The University of San Francisco says the economy is taking its toll on venture investments. Stacey Delo reports. (April 28)