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Warren Buffett said that the real estate business his company Berkshire Hathaway owns is seeing a small improvement in housing demand. The National Association of Realtors seemed to confirm his observations when it announced that the index for pending home sales went up in March. This data helped send the stock market higher as it stays true to form by rising on the most modest news...

Author: /time Magazine | Title: Despite Signs to the Contrary, Real Estate Will Get Worse | 5/5/2009 | See Source »

...McConaughey plays Connor Mead, a glamour photographer with an eye for philandering. After breaking up with three girls "in bulk," over a video conference call, he goes to his brother's wedding weekend, re-wounding his old inamorata (Jennifer Garner) while causing about as much domestic havoc as Anne Hathaway did in Rachel Getting Married, and with the same low entertainment payoff. This alpha dog is a baaad Connor; Scrooge-like, he must be visited by three spirits who will show him the error of his ways...

Author: /time Magazine | Title: The McConaughey Mystery: King of Hunks | 5/2/2009 | See Source »

...company with little history in the auto industry, viewed as potential leader of that shift? One answer is that last September, Berkshire Hathaway chairman Warren Buffett, the Oracle of Omaha, paid $230 million to buy a 9.8% stake in BYD. At a press conference at the time, David Sokol, chairman of MidAmerican Energy Holdings, the Berkshire Hathaway-owned company that made the investment, said he believed that BYD's technology was a "potential game changer if we're serious about reducing carbon-dioxide emissions." BYD has nearly 11,000 engineers and technicians working on battery technology at the company...

Author: /time Magazine | Title: Is the Future of Electric Cars in China? | 4/21/2009 | See Source »

...front of the gauntlet of bad news. The rise in prime mortgage defaults dampened the hopes that the housing market was in the midst of a comeback and the first few companies that have announced earnings have done no better than their gloomy forecasts said that they would. Berkshire Hathaway (BRK) lost its Triple-A rating as GE (GE) did just a few weeks ago. The period of the Fort Knox balance sheet is over in America. As of the Berkshire news, all corporate debt officially carries risk...

Author: /time Magazine | Title: The Lost Decade May Only Last Three Months | 4/9/2009 | See Source »

...ANNE HATHAWAY to play Judy Garland...

Author: /time Magazine | Title: Pop Chart | 4/7/2009 | See Source »

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