Berkshire Hathaway, billionaire Warren Buffett's conglomerate, revealed in SEC filings Tuesday that the company has increased its stake in Lee Enterprises to the tune of 3.23 million shares. That just about doubles the amount of Lee stock Berkshire Hathaway owns, which it first acquired when Buffett ... More >>
Late Tuesday, Berkshire Hathaway -- the conglomerate controlled by investment wizard Warren Buffet -- was forced by SEC fiat to disclose that it had bought $2.1 million worth of shares in Lee Enterprises, parent company of the Post-Dispatch. So naturally, here's what happened:
Matt Wirz of the Wall Street Journal reports that famed investor Warren Buffett, "the Oracle of Omaha," has purchased $85 million of Lee Enterprise's debt through his Berkshire Hathaway investment company. The purchase translates to a four percent ownership of the company, which itself owns th ... More >>
Stan the Man Cardinals' legend Stan Musial is in Washington D.C. today joining the likes of Maya Angelou, Warren Buffet, Bill Russell, George H.W. Bush and ten other artists, athletes, statesmen and business leaders to accept the Presidential Medal of Freedom. Musial was named a recipient last No ... More >>
Once upon a time, Quansa Thompson was just a teenager at Cardinal Ritter and Gateway High School. Now she's a 29-year-old exotic dancer on the East Coast who's filed a federal lawsuit against a strip joint for violating a Depression-era labor law.
Thompson sent us this photo of her in a 2008 calen ... More >>
Image sourceEven a billionaire has a right to be cranky when he drops 80 places on Forbes's list of the world's richest people.Times are tough here in St. Louis, even for billionaires. In Forbes magazine's annual ranking of the world's richest people, Enterprise Rent-a-Car owner Jack Taylor fell ... More >>