Cost to Lunch with Warren Buffett: $3.5 Million

The cost to dine with investor Warren Buffett has apparently spiked in value, with one deep-pocketed bidder forking over nearly $3.5 million during a charity auction. The annual auction for a private lunch with the Nebraska billionaire closed following a flurry of activity in the final hours Friday night.

5 Companies Americans Can Be Proud Of

Called it conscious capitalism or just good business, but these five companies have all prospered in every measure over the last decade by doing good for their employees, suppliers, customers or the general public.

Did Warren Buffett Make a Bad Call on Bank of America?

When Warren Buffett announced in August that he would spend $5 billion to snap up Bank of America shares, investors cheered. Surely this must mean that we've seen the end of the bad news from America's biggest bank, right? Wrong. So did the Oracle of Omaha blunder?

Voila! Bankrupt Cities Are Solvent Again! (Or Not)

Last month, Harrisburg, Pa., tried to throw in the financial towel and declare Chapter 9, but a judge threw out the bankruptcy petition. That doesn't mean the city is magically healthy again, though, and it's not the only municipality in similar straits. Here's why it matters to the rest of the country.

Buffett's Firm Buys About $10.7B in IBM Shares

In an interview with CNBC on Monday, Warren Buffett said his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent in the technology company. Berkshire Hathaway Inc., planned to file a full quarterly update on its U.S. stock portfolio Monday afternoon.

What Was Wall Street Thinking Last Week?

Last week's most puzzling moves included Bank of America turning ingrate on its debit card users -- who also pay taxes, and hence bailed BoA out -- Oracle's Larry Ellison and HP writing a new chapter in their feud, Warren Buffett opting for a stock buyback, and Sony refusing to pay for 3-D glasses.

Learning Mathanese: How to Calculate Working Capital

Working capital is like a bank account. Companies with more working capital are stronger than their peers because they have more resources to fund growth. In this, part three in a a continuing series spotlighting the major computations found here at AOL DailyFinance, we show you how to calculate working capital.

Time for Investors to Bail on Buffett?

Berkshire Hathaway is buying back its own shares. But Buffett's latest move is unlike most repurchasing plans, and investors will do well to inspect it closely for clues on what it might suggest.

Lessons from Dad: What the Super-Rich Teach Their Kids

All parents aim to bestow their wisdom on their children -- but if your dad is an investment guru, you might want to listen extra carefully. In this Father's Day special report, DailyFinance asked the adult children of these icons about what they had learned about money and life from their dads.

What Buffett Gave His Kids: Values, Not Billions

You might expect that with a father like Warren Buffett, the road through life would be paved with gold -- and advice about how to make a mint. Not so, says Peter Buffett, who says the biggest gift the billionaire gave to his offspring was his philosophy of integrity and authenticity to your true self.

Highlights from Berkshire Investor Meeting

Thousands turned out for Berkshire Hathaway's annual shareholder meeting this weekend where billionaire investor Warren Buffett was flooded with questions ranging from the departure of David Sokol to succession planning to his outlook on the U.S. economy. For those who couldn't make it, here's a look at some of the highlights.

Buffett's Berkshire Hathaway Sees Profit Tank 58%

Berkshire Hathaway's first-quarter profits are down 58% because of an estimated $1.7 billion in pretax insurance losses from the Japanese tsunami and other disasters. Berkshire won't release its full earnings report until next Friday, but CEO Warren Buffett offered a preview Saturday.

Buffett Sees No Double-Dip Recession in U.S.

Berkshire Hathaway Inc. CEO Warren Buffett said a second, near-term recession in the U.S. is unlikely and said his companies have boosted hiring over the past couple of months, Bloomberg News reported.

Retail Investors, Rejoice: Berkshire Joins S&P 500

Warren Buffett's Berkshire Hathaway will be added to the S&P 500 Index at the close of trading Friday, meaning millions of retail investors will have a little piece of the legendary Oracle of Omaha's company to call their own.

Is Baby Buffett a bargain?

Good news, average investors: You too can now afford a share of Warren Buffett's coveted Berkshire Hathaway stock, thanks to a 50-to-1 stock split...