Berkshire Hathaway is adjusting the rules for its March Madness pool. Warren Buffett says he hopes to award $1 million to someone this year, but they’re going to need a fair bit of luck on their side,

Buffett issues a March Madness bracket challenge to all employees who work at Berkshire Hathaway companies. If you can put together a perfect bracket, Buffett will award you $1 million. The only problem is that perfect brackets don't exist. It's basically impossible to do. So, unfortunately, Warren has to keep his money.

Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) is in talks to sell HomeServices of America, its real estate brokerage arm, to

The S&P 500 index (SNPINDEX: ^GSPC) has followed the Nasdaq Composite (NASDAQINDEX: ^IXIC) into correction territory, with both having fallen 10% from their peaks. Warren Buffett's advice to buy an S&P 500 index fund is still a good idea,

Berkshire Hathaway increased its holdings in Japan's five biggest trading houses after agreeing to gradually lift its holdings beyond 10%.