Luciana's Feed
May 18, 2015

Republican Christie urges more U.S. defense spending

WASHINGTON/NEW YORK (Reuters) – New Jersey Governor Chris Christie, who is considering a bid for the 2016 Republican presidential nomination, urged Congress on Monday to abandon its budget caps and boost defense spending.

Speaking in New Hampshire, Christie urged more money to buy ships for the U.S. Navy and state-of-the-art planes for the Air Force.

May 15, 2015
via Tales from the Trail

Donors gather as Christie builds his platform

New Jersey Governor Chris Christie plans two to three more speeches on energy and education policy after next Monday’s talk on foreign policy, Republican fundraiser Bobbie Kilberg said on Friday.

Kilberg spoke to Reuters the day after she and her husband, Bill, hosted a fundraiser for Christie in their Northern Virginia home. The fundraiser brought in $175,000 to $180,000, she said.

May 14, 2015
via Tales from the Trail

A town hall with Chris Christie, and not a question on Bridgegate

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Possible Republican presidential candidate and New Jersey Governor Chris Christie greets supporters after speaking at the University of New Hampshire at Manchester, in Manchester, New Hampshire, May 12, 2015. REUTERS/Dominick Reuter

Zero. That’s how many questions New Jersey Governor Chris Christie got about Bridgegate at a town hall meeting in Sparta, New Jersey on Thursday. One voter, in fact, told me she doesn’t care at all about the controversy, which involved recent indictments for former Christie allies.

May 4, 2015
via Tales from the Trail

Where shareholders disagree with Buffett: Politics

Photo

Berkshire Hathaway shareholders walk around the exhibits with a photo of Berkshire CEO Warren Buffett in the center at the Berkshire annual meeting in Omaha, Nebraska May 2, 2015. REUTERS/Rick Wilking

When it comes to investing, Berkshire Hathaway shareholders are happy to follow in Warren Buffett’s footsteps. But when it comes to politics? Maybe not so much.

May 3, 2015

Buffett celebrates 50th year at Berkshire, faces tough questions

By Luciana Lopez and Jonathan Stempel

OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett’s 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone.

Buffett and his second-in-command, Charlie Munger, fielded five hours of questions from shareholders, analysts and journalists at Berkshire’s annual meeting, including some that criticized the business practices of firms that Berkshire owns or works with, such as Brazil’s 3G Capital.

May 2, 2015

Buffett: stock prices would be high if rates were ‘normal’

By Luciana Lopez

OMAHA, Neb. (Reuters) – Billionaire investor Warren Buffett said on Saturday that stock prices would appear expensive if interest rates normalized from their ultra-low levels.

“If we get back to normal interest rates, stocks at these prices will look high,” said Buffett, speaking at the annual shareholders’ meeting of his sprawling conglomerate Berkshire Hathaway Inc.

May 2, 2015

Buffett celebrates 50th year at Berkshire, gave no hint of successor

, May 2 (Reuters) – Berkshire Hathaway Inc
shareholders on Saturday celebrated Warren Buffett’s
50th anniversary running the conglomerate, as the billionaire
expressed optimism the company would thrive over the long haul,
even after he’s gone.

Buffett and his second-in-command Charlie Munger fielded
hours of questions from shareholders, analysts and journalists
at Berkshire’s annual meeting, including some that leaned toward
the business practices of firms that Berkshire owns or works
with, such as Brazil’s 3G Capital.

May 2, 2015

Buffett says ‘no apologies’ for Clayton Homes’ lending practices

By Luciana Lopez

OMAHA, Neb. (Reuters) – Billionaire investor Warren Buffett on Saturday defended his Clayton Homes unit against accusations that the manufactured home seller had preyed on lower-income purchasers with its lending practices.

“I make no apologies whatsoever about Clayton’s lending terms,” said Buffett, speaking at the annual meeting of his sprawling Berkshire Hathaway Inc conglomerate. The meeting was expected to draw upwards of 40,000 people.

May 2, 2015

Buffett celebrates 50th year at Berkshire, defends 3G ties

By Luciana Lopez and Jonathan Stempel

OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc (BRKa.N: Quote, Profile, Research, Stock Buzz) shareholders on Saturday celebrated Warren Buffett’s 50th anniversary running the conglomerate, as the billionaire fielded questions about the company and its future, and explained some business practices.

Berkshire owns more than 80 companies including the Burlington Northern railroad, Geico car insurance, Benjamin Moore paint, Dairy Queen ice cream, Fruit of the Loom underwear, and See’s candies, and owns more than $115 billion of stocks.

May 2, 2015

BNSF Railway CEO says investments from capital plan should ‘last forever’

, May 2 (Reuters) – Berkshire Hathaway’s BNSF
railroad is “forever better” after a capital program last year
boosted capacity following complaints about congestion, BNSF
chief executive told Reuters on Saturday.

“The railroad’s in better shape than it was. We think we’ve
got opportunities going forward,” said Carl Ice, BNSF’s
president and chief executive officer, speaking on the sidelines
at Berkshire Hathaway’s annual meeting.