Recession
Economic Issue
Buffett says his businesses bottomed (Reuters)...worth a lot less," Buffett said. "They've got to raise taxes now that income will go up as the recession ends anyway, but they're going to have to close the gap between expenditures," Buffett said. Massive budget deficits could unnerve... In this article: Warren Buffett, Tax, Berkshire Hathaway Inc, Charlie Rose, White House, U.S., Income, Fiscal year, Recession, and Burlington Northern Santa Fe Corp |
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Chicago Sun-Times | November 13, 2009
'The financial panic is behind us': Buffett
...on something that's attractive today." Buffett and Microsoft founder Bill Gates fielded questions from Columbia Business School students on the recession, investing and what's the next Microsoft. Buffett exhorted students to "marry the...
In this article: Warren Buffett, Bill Gates, Microsoft, Capitalism, Burlington Northern Santa Fe, Columbia Business School, and NEW YORK
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Business news and Fortune 500 - FORTUNE Magazine | November 10, 2009
Leading during a downturn
...seen. It's a simple yet powerful way for leaders to be effective. Warren Buffett raised his profile in this recession, reassuring investors and even helping to calm markets. 2. Steer the culture with stories. Southwest Airlines (LUV,...
In this article: John Mack, Fortune, Thomson Reuters, Thomson, Southwest Airlines, Revenue, and Unemployment
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USATODAY.com | November 12, 2009
Buffett, Gates tell students financial panic is behind us
...of investment company Berkshire Hathaway, and Microsoft founder Bill Gates fielded questions from Columbia Business School students on the recession, investing, mentors and what's the next Microsoft. There were at first reassurances that the...
In this article: Warren Buffett, Bill Gates, Microsoft, Columbia University, Berkshire Hathaway, All rights reserved, Burlington Northern Santa Fe, Earth Institute, and Columbia Business School
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BusinessWeek Online | November 03, 2009
Sizing Up Buffett's Biggest Bet
...with every Buffett move, the deal is being examined for signs and portents about the U.S. economy. Is Buffett calling a bottom in the recession? Is Buffett firing the starting gun for a mergers-and-acquisitions resurgence? The simplest...
In this article: Warren Buffett, Berkshire Hathaway, Coal, Revenue, Burlington Northern Santa Fe Corp., MidAmerican Energy, General Electric, and United States
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Sydney Morning Herald - Business | November 06, 2009
Buffett's Berkshire Hathaway profit triples
...at its insurance and finance operations. Buffett cut jobs and closed plants at Berkshire's manufacturing and retail businesses as the recession hurt sales of bricks, diamonds and luxury flights. Berkshire, which expanded into coverage of...
In this article: Berkshire Hathaway, Warren Buffett, Derivative, NetJets, Standard & Poor's, Burlington, Credit-default swap, Income, and Burlington Northern Santa Fe Corp.
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Boston Herald | November 12, 2009
Warren Buffett and Bill Gates cheer economy, see rebound
...York, the CEO of Berkshire Hathaway Inc. and Microsoft founder Bill Gates fielded questions from Columbia Business School students on the recession and investing. Gates said he sees big opportunities in environmentally friendly energy and...
In this article: Bill Gates, Warren Buffett, Capitalism, All rights reserved, Burlington Northern Santa Fe, Columbia Business School, Columbia University in New York, Berkshire Hathaway Inc., and Microsoft
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Description from Wikipedia:
In economics, a recession is a general slowdown in economic activity over a long period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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