Warren Buffett doesn’t believe a basket of hedge funds can beat the S&P 500 over a 10-year period, and is willing to put his money where his mouth is.Protege Partners, a New York-based money management firm,

Lehman Brothers stock is falling again Wednesday as the firm’s capital-raising efforts have failed to quell concerns about its future. In fact, the $6 billion Lehman raised this week has only revived concerns about the credibility of its senior management

Updated from 12:16 p.m. EDT Carl Icahn has vilified Yahoo’s board for adopting an employee retention package, comparing it to “self-destructive doomsday machines” found in James Bond films. The plan could add as much as $

Is Steve Jobs sick again?It’s not pleasant or even polite to ask, and we certainly hope the answer is no. But the question is being asked in the aftermath of Apple’s Developers Conference, where Jobs looked particularly thin — and arguably gaunt. …

Oil prices were recently back above $135 after the DOE said U.S. inventories fell by 4.6 million barrels for the week ended June 6, and are down almost 24 million in the past four weeks. …

So what has Glassdoor.com, a new site that makes the secret data surrounding employment available to everyone, uncovered in a few months of collecting confidential information? Among other tidbits: That

Rich Barton started Expedia because he thought freeing up the world’s travel information would spawn a huge industry. It did. He subsequently tried the same thing with Zillow and real estate. That one is still in progress. But now he’s co-founded a compan

Apple’s 3G iPhone launch yesterday revealed a host of new features, none of them unexpected, as well as more than a few nitpicks. Regardless, Research in Motion, Nokia, and other handset manufacturers should be in alert mode.Not only does the 3G model imp

The stock market is struggling to recover from an early dip Tuesday as traders contemplate the latest inflation-fighting rhetoric from Fed Chairman Ben Bernanke.The Fed “will strongly resist an erosion of longer-term inflation expectations, as an una

The day after the formal launch of the 3G iPhone, there is no rest for Steve Jobs or the legion of Apple watchers — fan and foe alike.The bottom line on the 3G iPhone is that expectations were so high it would been nearly impossible for Apple to meet, mu

Apple’s CEO Steve Jobs gave developers, the press, and investors exactly what they wanted today at Apple’s Worldwide Developers’ Conference in San Francisco. Or at least what they expected: a New 3G iPhone. The stock ended down even still,

So what has Glassdoor.com uncovered in a few months in test-mode collecting confidential employment information? Among other tidbits: That Apple doesn’t have to pay employees as much as Microsoft, Google or