Warren Buffett (85)  Charlie Munger (92) fielded five hours of questions on such matters as Coca-Cola’s sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed Buffett as chief executive.

Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire i(...)

US President Barack Obama tries virtual reality glasses as he and German Chancellor Angela Merkel (R) tour Hanover Messe Trade Fair in Hanover, Germany April 25, 2016. Photograph: REUTERS/Kevin Lamarque
Planet Business

Image of the week: Peak virtual Yes, these are the fingers on the nuclear button, but what do they look like viewed in virtual reality? Only Barack(...)

Janet Yellen, chairman of the US Federal Reserve: Recent strong jobs numbers mean a December rate hike now looks a safe bet. Photograph: Joshua Roberts/Reuters

Investors have spent 2015 fretting as to whether the Federal Reserve would finally raise US interest rates and if so, when. Less attention has been pa(...)

On a high: the continued advance of equities means one influential strategist sees almost no value in the US market and precious little elsewhere.Photograph: Brendan McDermid/Reuters

The US stock market is “hideously expensive,” according to James Montier, an influential strategist with GMO, a global investment management firm bas(...)

Berkshire Hathaway chief executive Warren Buffett talks to reporters while holding an ice cream at a trade show during the company’s annual meeting in Omaha, Nebraska. The conglomerate said quarterly profit declined 4 per cent, falling short of analysts’ forecasts. Photograph: Rick Wilking/Reuters

Warren Buffett’s devoted followers made their pilgrimage to Omaha this year amid an intense debate about whether his $300 billion conglomerate Berkshi(...)

Berkshire Hathaway shareholder Richard Harmon poses in an opening in a wall behind a picture frame held by a photograph of Berkshire chairman Warren Buffet, at the company’s annual meeting in Omaha. Photograph: Reuters/Rick Wilking

Twenty thousand people braved the Nebraska drizzle at the weekend for a seat at one of the events of the investor calendar – t(...)