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Warren Buffett to invest $5 bn in Bank of America

Last Updated: Thursday, August 25, 2011, 22:57

Warren Buffett's Berkshire Hathaway will invest $5 billion in Bank of America, stepping in to shore up the company in the same way he helped prop up Goldman Sachs during the financial crisis.

Investors say Buffett might go all-in on China's BYD

Last Updated: Wednesday, August 24, 2011, 17:26

Warren Buffett has a Chinese car problem, and he may be tempted to fix it himself -- at a cost of billions of dollars. At the depths of the financial crisis in Sept. 2008, Buffett bought nearly 10 percent of Chinese car and battery maker BYD Co Ltd, an investment suggested by his partner Charlie Munger and heartily endorsed by his then-lieutenant David Sokol.