World’s Most Admired Companies: Apple Is Still No. 1

Now that the skies are clearing after the worst economic storm in modern history — far more violent than the experts had predicted — we face a surprising new roster of winners and losers, as Fortune’s 2011 ranking of the Worl…

Coke Takes the Fizz out of Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke’s nearly 4% drop is a we…

Berkshire Hathaway’s NetJets Buys Marquis Jet

NetJets, a private aviation company selling fractional ownership in its planes, announced Thursday that it would buy Marquis Jet, a private jet cards company that sells the use of NetJets’s planes in 25-hour blocks. Marquis Jet…

Buffett’s China Car Project Drives Into Trouble

Profit tumbled 99% at BYD, a Chinese auto company that makes electric cars. Warren Buffett’s Berkshire Hathaway holds a 10% stake in the company.
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