"When the time comes-and it could come reasonably soon, even while I'm around-and we really don't think we can get the money out in a reasonable period of time into things we like, we have to reexamine, then, what we do with those funds", Buffett said. In October, Chief Executive Officer John Stumpf resigned after testifying to Congress on why the lender opened 2 million bank accounts without customers' permission.
Global businessman and investor Warren Buffett, also known as Oracle of Omaha, in an exclusive interview to ET NOW spoke on a range of topics, including the nature of business and markets in India.
"The huge money is in selling people the idea that you can do something magical for them", Buffett said.
Buffett, a supporter of Democrat Hillary Clinton in last year's USA presidential election, said he believes Berkshire has made no political contributions at the parent company level in his 52 years at the helm, but some subsidiaries in heavily regulated industries "are probably going to have to make some" contributions.
Buffett said a CEO's natural tendency is to first defend his employees, but that should not have been the case if Munoz had seen the video.
Buffett, however, was skeptical about the plan's effect on Berkshire Hathaway. Buffett said such shifts help millions of people by providing necessities at a lower cost. Today, investors have to pay $934.15 per Amazon share and $950.28 per Google stock. He wrote that investors were effectively saying: "Don't send us a dividend but instead reinvest all of the earnings".
The executives who run Berkshire subsidiaries look forward to the meeting just as the shareholders do. While Buffett met Mr. Peanut at the Kraft Heinz booth, Miami Dolphin Ndamukong Suh wandered a few feet away without a crowd. "We do view Apple and IBM differently - Apple more of consumer business, IBM has more to do with products". 'I did not think [Bezos] could succeed on the scale he has'.
With Mario Kart 8 Deluxe Edition, Nintendo changed things a little as compared to the game's Nintendo Wii U version. This is more than one and a half times all the other systems' sales put together for the week.
For most observers, the eta Aquariids are only visible during the last couple of hours before the start of morning twilight. Every year for almost a month, from late April to late May, the Eta Aquarid meteor showers are visible from Earth.
In his annual New Year's address, Kim said North Korea's preparations for an ICBM launch had "reached the final stage". However, North Korea on Saturday warned that it is "prepared" to respond to any nuclear attack in kind, AFP reported .
Besides, the company is aspiring to further strengthen its presence and lead in most of the product categories. The reported revenue of the company is said to be of Rs 10, 561 crore for the previous year.
Jamie Carragher is backing Jose Mourinho to keep Manchester United on course for a top-four finish in the Premier League. Fellaini was named in a United midfield which seemed created to stifle City rather than compete creatively with them.
The one glaring hole on the UFC's roster for the last several years has been the absence of a women's flyweight division. Women's flyweight would be the UFC's 12th weight class, and its fourth women's division.
As a result Canada's trade surplus with the United States narrowed from Can$4.5 billion in February to Can$4.0 billion in March. Statscan revised February's deficit to $1.08 billion from an initial $972 million.
Vettel added: "I tried everything to catch Valtteri and I thought there may be an opportunity, but it doesn't matter". Bottas doesn't go in for wild celebration, but he radiated calm satisfaction with a job well done.
Police say a Pennsylvania woman fractured her infant's skull and tried to blame the injuries on her 6-year-old son. In the aftermath of the shootings, upwards to 100 officers saturated the area searching for suspects and weapons.
Phoenix serial killing suspect arrested in deaths of 7
Police initially linked seven deaths and nine shooting incidents over a four-month period to the Phoenix Serial Street Shooter . Police previously said at least seven people were killed and two others wounded over a four-month period a year ago .
Trump administration hollows out EPA science integrity board
This approach is what was always intended for the Board and we're making a clear break with the last administration's approach". Bush administration. "Instead, they should participate in the same open competitive process as the rest of the applicant pool.
Some rivers receding, but Mississippi River remains high
The weekend flooding killed two people in the state, inundated homes and businesses, and led to the closing of 272 roads. The soaked levee did hold, and Mayor Michael Pennise said Thursday that residents could return starting at 8 a.m.
Spurs lose Parker for rest of playoffs
If the Rockets can dictate the pace of Game 3 like they did in the series opener, they've got a good chance to take a 2-1 lead. The Houston Rockets have an opportunity to make something of their newfound advantage, and should look to do just that.
Moto Z2 Play to sacrifice battery life for slimmer body
The display is pretty much the same, but there's nothing to complain about the Super AMOLED 1080 x 1920, 5.5-inch screens. Those include the new entry-level Moto C and C Plus, the Moto E4 and E4 Plus, and the Moto Z2 and Moto Z2 Force.
Always Dreaming Wins 143rd Kentucky Derby
When the leader faded, Always Dreaming assumed the lead by a head at the 3/4 pole and widened it out from there. Thunder Snow, the colt from Dubai, did not finish the race after breaking poorly from the gate and bucking.
Hit by NASCAR penalty, Logano says team doesn't cheat
Gordon's suspension means that Sunday's race at Talladega will be a race with interim crew chiefs for both Team Penske cars. NASCAR typically takes the race victor and a random vehicle or two to the R&D center for further tear down after a race.
Google Settles Italian Tax Fight For $334 Million
American lawmakers, meanwhile, are demanding that US-based multinationals repatriate more of their profits and pay taxes on them. In a statement, Amazon said it pays "all the taxes we are required to pay in every country where we operate".
North Korea warns China of terrible consequences
According to Tillerson, Washington and Moscow were working to see if trust could be rebuilt by starting one issue at a time. It criticised China's "ignorant politicians and media" for supporting stricter sanctions on North Korea.