Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
Read full article: Some Warren Buffett wisdom on his last day leading Berkshire HathawayThe advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathawayโs annual meetings.
UnitedHealth Group shares climb as Buffett's Berkshire Hathaway discloses stake in the insurer
Read full article: UnitedHealth Group shares climb as Buffett's Berkshire Hathaway discloses stake in the insurerShares of UnitedHealth Group are surging before the market open Friday as Warren Buffettโs Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer.
Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investment
Read full article: Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investmentWarren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz as that iconic food producer considers largely undoing the merger that Berkshire Hathaway helped bankroll.
Buffett plans to attend, but not take questions, at next year's Berkshire shareholder meeting
Read full article: Buffett plans to attend, but not take questions, at next year's Berkshire shareholder meetingBillionaire Warren Buffett plans to attend, but not take questions, at next yearโs Berkshire Hathaway shareholder meeting โ a big change following his recent surprise retirement announcement.
Warren Buffettโs best and worst investments in his 60 years as Berkshire Hathaway CEO
Read full article: Warren Buffettโs best and worst investments in his 60 years as Berkshire Hathaway CEOBillionaire investor Warren Buffett says he wants to step down as chief executive of Berkshire Hathaway at the end of the year.
Warren Buffett's profits fall on wildfire losses as thousands line up to listen to him Saturday
Read full article: Warren Buffett's profits fall on wildfire losses as thousands line up to listen to him SaturdayWarren Buffett's company reported just over one-third of last year's profit Saturday a few hours before he announced plans to retire as Berkshire Hathaway's CEO at the end of the year.
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
Read full article: Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stockWarren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathawayโs assorted businesses without finding any major acquisitions.
The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
Read full article: The next generation of Buffetts is poised to become one of the biggest forces in philanthropyWhen the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts โ Howard, Susie and Peter โ are poised to become one of the most powerful forces in philanthropy.
Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%
Read full article: Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.
Warren Buffett details Berkshire's Apple, Chevron and Capital One sales while also buying more Chubb
Read full article: Warren Buffett details Berkshire's Apple, Chevron and Capital One sales while also buying more ChubbWarren Buffett has offered more details about all the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter.
Technical issues briefly halt trading for some NYSE stocks in the latest glitch to hit Wall Street
Read full article: Technical issues briefly halt trading for some NYSE stocks in the latest glitch to hit Wall StreetA technical issue caused the temporary halt for dozens of stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%.
Warren Buffett's company rejects proposals, but it faces lawsuit over how it handled one last year
Read full article: Warren Buffett's company rejects proposals, but it faces lawsuit over how it handled one last yearShareholder proposals are usually uneventful at Berkshire Hathawayโs annual meeting, but Warren Buffett and the company are now facing a lawsuit over the way one presenter was treated last year.
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
Read full article: Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died.
Haslams say Warren Buffett's Berkshire wants to take money out of their pockets in truck stop deal
Read full article: Haslams say Warren Buffett's Berkshire wants to take money out of their pockets in truck stop dealThe billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the familyโs remaining 20% stake in the Pilot Travel Centers truck stop company after paying nearly $11 billion since 2017 for the first 80% it bought.
Warren Buffett's company joins oil-buying frenzy this week by resuming its Occidental Petroleum buys
Read full article: Warren Buffett's company joins oil-buying frenzy this week by resuming its Occidental Petroleum buysInvestor Warren Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway's purchases of Occidental Petroleum stock for the first time in four months.
Stock market today: Wall Street climbs, and Dow rises more than 300 points as stocks worldwide rally
Read full article: Stock market today: Wall Street climbs, and Dow rises more than 300 points as stocks worldwide rallyStocks rose on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too.
Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
Read full article: Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio movesWarren Buffettโs company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Hortonโs stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. Berkshire revealed those new investments Monday in a quarterly filing with the Securities and Exchange Commission that shows the conglomerateโs holdings as of the end of June.
Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer
Read full article: Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producerBillionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer.
A plan for Texas to build its own power plants could cost $7 billion more than expected
Read full article: A plan for Texas to build its own power plants could cost $7 billion more than expectedThe plants would be activated during emergencies. Lawmakers havenโt decided whether to pay for them through state funds or higher charges to electricity customers.
Buffett says people shouldn't worry about Berkshire, banks
Read full article: Buffett says people shouldn't worry about Berkshire, banksBillionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he's no longer around to lead the conglomerate because Vice Chairman Greg Abel will do a great job and the conglomerate's basic model won't change.
Buffett's firm has now sold 95 million shares of China's BYD
Read full article: Buffett's firm has now sold 95 million shares of China's BYDWarren Buffett's company has now sold nearly 95 million of its original 225 million shares of Chinese electric carmaker BYD's stock, but it remains a significant shareholder.
Buffett's company trims its stake in Chinese EV maker BYD
Read full article: Buffett's company trims its stake in Chinese EV maker BYDWarren Buffett's company has trimmed its investment in Chinese electric car and battery maker BYD for the first time since it bought 225 million shares in 2008, an investment that has soared in value.
Warren Buffett's company has bet $47B on the oil sector
Read full article: Warren Buffett's company has bet $47B on the oil sectorWarren Buffettโs company has now bought up more than $11 billion worth of Occidental Petroleum stock this year to give Berkshire Hathaway control of more than 20% of the oil producer.
Warren Buffett tells shareholders about spending $51 billion
Read full article: Warren Buffett tells shareholders about spending $51 billionWarren Buffett gave Berkshire Hathaway investors a few details of how he spent more than $50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone.
Buffett to auction off one last private lunch for charity
Read full article: Buffett to auction off one last private lunch for charityThe worldโs most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homeless charity one last time.
Buffett still wants deals but can't find any attractive ones
Read full article: Buffett still wants deals but can't find any attractive onesBillionaire Warren Buffett says his company has benefited from some โextraordinary luckโ in finding acquisitions, but he hasnโt had much of that in recent years as Berkshire Hathawayโs cash pile has grown to nearly $147 billion.
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Warren Buffett says pandemic's impact still hard to predict
Read full article: Warren Buffett says pandemic's impact still hard to predictInvestor Warren Buffett said the economic impact of the pandemic remains hard to predict but most big companies have fared OK throughout it as long as they weren't tied to travel.
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Texas energy companies push back against Berkshire Hathawayโs $8 billion plan for backup power
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Analysis: Warren Buffettโs power play puts a price on electric reliability in Texas
Read full article: Analysis: Warren Buffettโs power play puts a price on electric reliability in TexasWhat would it cost to make the Texas electrical grid robust enough to weather a terrible winter storm? AdThis yearโs winter storm killed 111 people in Texas, the Department of State Health Services said Thursday. Put simply, lawmakers and regulators have been more sensitive to the business sectorโs complaints about price increases than about those from residential customers. AdWeโre 23rd for residential prices, third for commercial and for industrial prices. But residential customers are the ones who vote.
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Warren Buffett's fortune tops $100B as his stock soars
Read full article: Warren Buffett's fortune tops $100B as his stock soarsFILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Investor Buffett's fortune surged above $100 billion Wednesday, March 10, 2021, when shares of his company hit a record high at over $400,000 apiece. โ Investor Warren Buffett's fortune surged above $100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece. Buffett's fortune, which is mostly tied to his ownership of 248,734 Class A shares, topped $101 billion at the stock's peak Wednesday. Amazon's Jeff Bezos is listed as the world's richest man with a $179.6 billion fortune.
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Warren Buffett again encourages investors to bet on America
Read full article: Warren Buffett again encourages investors to bet on AmericaFILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett is encouraging investors to maintain their faith in Americas economy and the businesses his Berkshire Hathaway conglomerate owns. โ Billionaire Warren Buffett encouraged investors to maintain their faith in America's economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that belong to Berkshire Hathaway. Buffett said one of his biggest investments last year was the $25 billion repurchase of Berkshire's own shares.
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Asian shares mostly lower after mixed day on Wall Street
Read full article: Asian shares mostly lower after mixed day on Wall StreetShares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains. (AP Photo/Lee Jin-man)TOKYO โ Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains. Underscoring signs of recovery, the Commerce Department said U.S. retail sales soared a seasonally adjusted 5.3% in January from the month before, the biggest increase since June and much larger than forecast. The yield on the 10-year Treasury slipped to 1.27% from 1.28% late Wednesday, near its highest level in a year. Last monthโs jump in retail sales was largely driven by the $600 stimulus checks that went out to most Americans in late December and early January.
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Bid to address health costs by 3 corporate giants is over
Read full article: Bid to address health costs by 3 corporate giants is overA health care venture created in 2018 by the three corporate giants to attack soaring care costs will shutter only a couple years after launching. (AP Photos, File)INDIANAPOLIS โ A health care venture conceived by Amazon, Berkshire Hathaway and JPMorgan to attack soaring costs is dissolving. Haven, which was formed in 2018 by the three U.S. corporate giants, will cease operations by the end of February, a company spokeswoman said Monday. Health care costs have grown faster than wages and inflation for years, stressing families and employers. It started new designs for health care benefits that eliminated patient out-of-pocket payments like deductibles and coinsurance and encouraged access to primary care.
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