At Berkshire Hathaway, chairman Warren Buffett and his right-hand man Charlie Munger search for specific traits when hiring the company’s board of directors and managers. “At Berkshire for decades, we’ve given the three factors in addition to integrity for board membership,” Buffett said on CNBC’s “Squawk Box” on Monday. “We want people who are business-savvy, we want them to have a strong personal interest in Berkshire itself and we’ve got directors who really represent shareholders at Berkshir

Saudi Arabia’s Energy Minister Khalid al-Falih attends a press conference at the end of the 13th meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non- OPEC countries in Baku on March 18, 2019. The man sacked as Saudi Arabia’s energy minister in September was tapped to head a new investment ministry, in a cabinet reshuffle announced on Tuesday that also created ministries for tourism and sports. Falih’s new ministry replaces the Saudi Arabian General Investment Authority,

See inside New York City’s most expensive hotelThe Mark Hotel penthouse is the most expensive hotel suite in New York City – at $75,000 per night. Take a look inside.

Boeing is close to a deal to supply more 787 Dreamliners to Japan’s ANA Holdings in what would be the U.S. planemaker’s first commercial order announcement so far this year, industry sources said. Boeing declined to comment and ANA did not respond immediately to a request for comment. ANA, which was the launch customer for the 787 programme in 2011, operates all three models of the plane, the 787-8, 787-9 and 787-10. ANA uses Rolls-Royce engines to power its existing 787 fleet. Air New Zealand,

Komal Sri-Kumar: 10-year US bond yields could fall below 1% levelThe 10-year Treasury yield fell to its lowest level since July 2016. Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, Komal Sri-Kumar, president and investment strategist at Sri-Kumar Global Strategies, and Mike Santoli, CNBC’s senior markets commentator, join “Squawk Box” to discuss.

Wait to buy the dip until there’s bigger shift in risk aversion, strategist saysKevin Cummins, senior U.S. economist at NatWest Markets, and Chris Harvey, head of equity strategy at Wells Fargo Securities, join “Squawk Box” to discuss the possible economic and market fallout from the heightened coronavirus fears.

Democratic presidential candidate, Sen. Bernie Sanders (I-VT) speaks to the crowd during the 2019 South Carolina Democratic Party State Convention on June 22, 2019 in Columbia, South Carolina. Democratic presidential contenders are facing what could be their last chance to halt an ascendant Sen. Bernie Sanders during the presidential debate in South Carolina on Tuesday. His campaign aims to confront Sanders with attacks drawn from opposition research into the Vermont senator’s record. Indeed, Sa

Fortunately, she had once met the founder of the Texas Women’s Venture Fund and decided to get in touch again. In venture capital, men still get the lion’s share of funding, with only 2% of capital going to U.S.-based female-only founder teams, according to PitchBook. An uptick in female-focused funds, including some for black women, is one encouraging sign. There is also growth in resources to support black women entrepreneurs, such as Black Women Talk Tech, Black Girl Ventures, $100 million Ne

Disney is once again expanding its selection of plant-based food items at its U.S.-based theme parks as well as on its cruise line — this time with Impossible Foods. The company announced Tuesday that it has partnered with the plant-based meat company to make the Impossible Burger the “preferred plant-based burger” of Disneyland, Disney World and the Disney Cruise Line. “We’re excited to add more items featuring the Impossible Burger to our menus,” John State, culinary director at Disneyland Res

Italy is struggling to contain a rapid outbreak of the coronavirus, with new cases confirmed in the capitals of Tuscany and Sicily — the first case south of Rome. As of Tuesday morning, 283 cases of coronavirus have been confirmed, Italian media reported, including in Florence, the capital of Tuscany, and Palermo, in Sicily. The number of cases is rising rapidly: On Friday morning, Italy only had 3 confirmed cases before a sharp spike over the weekend. The outbreak was previously contained to th

The NIO Inc. ES6 electric sport utility vehicle (SUV) stands on display at the Auto Shanghai 2019 show in Shanghai, China, on Tuesday, April 16, 2019. Shares of Chinese electric carmaker NIO surged nearly 30% in pre-market trade Tuesday after it said it was in talks for funding and new factories. Part of the talks are around specific terms for a funding round which could raise more than 10 billion yuan ($1.4 billion) for the company. NIO also plans to build a China headquarters in Hefei in addit

JPMorgan Chase pledged on Tuesday to facilitate $200 billion in environmental and economic development deals and will pull back from advising and lending to the coal-mining industry. The new targets, disclosed in presentations for the New York-based bank’s annual investor day, mark an expansion from previous sustainable financing goals. Despite the announcement, dozens of environmental activists protested outside the bank’s headquarters ahead of the annual meeting. Under CEO Jamie Dimon, JPMorga

(This story is for CNBC Pro subscribers only.) The threat to global growth and Asian supply chains from the coronavirus is causing some Wall Street analysts to throw in the towel on chip stocks.

A shopper is seen in a Target store in the Brooklyn borough of New York. As stocks plummet and bond yields sink to record lows, investors seeking relatively safer returns might look to some low-volatility stocks that pay a generous dividend.

Visitors watch as Airbus A350 wide-body aircraft, produced by Airbus Group NV in Qatar Airways Ltd. livery, prepares to land. American Airlines and Qatar Airways are renewing their code-share partnership, ending a more than two-year strained period in which Qatar’s outspoken CEO insulted the U.S. carrier’s employees while aggressively pushing to expand into North America. “We believe resuming our codeshare agreement will allow us to provide service to markets that our customers, team members and

Revenue and same-store sales were also above Wall Street forecasts, and Home Depot also announced a 10% dividend increase. Macy’s (M) – Macy’s reported quarterly earnings of $2.12 per share, 16 cents a share above estimates. Intuit (INTU) – Intuit reported quarterly profit of $1.16 per share, 14 cents a share above estimates. Palo Alto Networks (PANW) – Palo Alto reported quarterly earnings of $1.19 per share, 7 cents a share above estimates. HP Inc. (HPQ) – HP came in 11 cents a share ahead of

BY THE NUMBERSIN THE NEWS TODAYSTOCKS TO WATCHMallinckrodt (MNK) is finalizing a plan that would put its U.S. generic drug business into bankruptcy, according to The Wall Street Journal. Palo Alto Networks (PANW) reported adjusted quarterly earnings of $1.19 per share, 7 cents above estimates. However, the cybersecurity company’s revenue was well below Wall Street forecasts and Palo Alto’s own guidance. Shake Shack (SHAK) reported an adjusted quarterly profit of 6 cents per share, compared to ex

The move was fueled by a surge in coronavirus cases outside China as the outbreak’s potential to seriously dent global economic activity grew more worrisome for investors. On the other side of the trade, gold prices hit seven-year highs on Monday and utilities hovered near all-time records. Those include traditional safety plays such as gold, which Nadig recommended playing via the popular SPDR Gold Shares ETF (GLD) or a lower-fee alternative such as the Aberdeen Standard Gold ETF Trust (SGOL) o

Here are the biggest calls on Wall Street on Tuesday:Jefferies downgraded the stock mainly on valuation and said it wanted a “clearer” view of the company’s battery business model. “However convinced we are about the Tesla equity opportunity, we still need valuation to be grounded into some visibility on market size and potential profitability. We raise our PT to $800 but neutralize our rating pending a clearer view on the upcoming battery business model. We continue to see Tesla as uniquely eng

The U.S. is planning a clinical trial of Gilead’s experimental drug for the novel coronavirus, according to a posting on a government clinical trials database. At the time of the post on Friday, the trial was not yet recruiting patients. Gilead is among a dozen companies in the race to develop treatments, vaccines and diagnostic tests for the novel coronavirus. Remdesivir is an experimental antiviral drug that has shown some promise against other coronaviruses that cause SARS and MERS, but it ha