OMAHA, Neb. - Billionaire Warren Buffett is again calling for higher taxes on the "ultra-rich" and he's urging Congress to compromise on spending cuts and tax increases. Buffett expressed his views on fiscal policy in an opinion article Monday in The New York Times. In the article, Buffett mocked the... more »
Billionaire investor Warren Buffett is calling on the so-called mega-rich to pay more in taxes.
Buffett says in a New York Times opinion piece that he would immediately raise rates on households with taxable income of more than $1 million, and he would add an additional increase for those... more »
LOS ALTOS HILLS, Calif. - A Russian billionaire investor has purchased a lavish, 25,500-square-foot mansion in Silicon Valley for $100 million, believed to be the most ever paid for a single-family home in the United States.
The Wall Street Journal reports that 49-year-old Yuri Milner, an investor in Facebook,... more »
GRAPEVINE, Texas - The Boy Scouts of America's National Council has voted to ease a long-standing ban and allow openly gay boys to be accepted... more »
NEW ORLEANS - A four-car accident on the Lake Pontchartrain Causeway sent one car catapulting into the lake. The causeway's manager says the lone occupant... more »
BATON ROUGE - A leak on environmental control equipment at the ExxonMobil refinery in Baton Rouge could temporarily increase sulfur dioxide emissions from the plant,... more »