Billionaire Warren Buffett, on the prosecution witness list in the criminal trial of former General Reinsurance Corp Chief Executive Officer Ronald Ferguson, may not be called to testify, the government said in court filings on Monday.
For many unsuspecting investors, 2007 was a year in which the conventional wisdom of safety and risk got a sound thrashing.
Jeffrey Bewkes, who takes over as chief executive officer of Time Warner Inc next week, may be measured by how quickly he can dismantle the world's largest media company.
Shares of Apple Inc hit the $200 mark for the first time on Wednesday, as investor confidence in the company continued rising near the end of what has been a strong year for the iPod and computer maker.
Japanese stocks snapped a four-session winning streak yesterday as investors locked in profits on recent gainers such as property firm Mitsui Fudosan in holiday-thinned trade, with Tokyo set to end the year as the world's worst performing major stock market.
Warren Buffett may be more inclined to acquire industrial companies than to invest in their shares these days.
VI. Coordinating energy and environment development
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