Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in U.S. public companies Kraft Heinz Company (26.7%), American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.32%), Bank of America (6.8%), and Apple (5.22%). Beginning in 2016, the company acquired large holdings in the major US airline carriers, namely United Airlines, Delta Air Lines, Southwest Airlines and American Airlines but sold all of its airline holdings early in 2020. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965, while employing large amounts of capital, and minimal debt.
Rick Wilking/Reuters Warren Buffett's Berkshire Hathaway hasn't closed a major takeover since 2016, and the holding company's ammunition for such a deal is building up. Berkshire has $137 billion to..
Billionaire investor Warren Buffett discussed a range of topics at Berkshire Hathaway's annual meeting on Saturday. The Berkshire Hathaway CEO hosted the virtual event and answers questioned posed by..
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual.. Reuters - Published
U.S. stocks ended higher on Monday as gains in large tech and Internet companies and rising oil prices outweighed concerns sparked by fresh U.S.-China tensions and downbeat sentiment from the annual.. Reuters - Published
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China dispute over the origins of the coronavirus outbreak and a move by billionaire Warren Buffett's Berkshire.. Reuters - Published
Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett said Berkshire Hathaway offloaded its entire stake in the carriers last month, adding to the sense of.. Reuters - Published
U.S. stock index futures retreated on Monday after a fresh spat between Washington and Beijing over the origin of the novel coronavirus, while airlines slumped as Berkshire Hathaway dumped its holdings.. Reuters - Published
Billionaire investor Warren Buffett on Saturday said the United States' capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global.. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering in.. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc posted a higher operating profit on Saturday, but the coronavirus pandemic pummeled its common stock investments and led to a record net loss. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc's annual meeting on May 2 will break with tradition and be held virtually, as the coronavirus pandemic halts large gatherings. Reuters - Published
Berkshire Hathaway Inc's annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the.. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc said on Friday that former American Express Co Chief Executive Officer Kenneth Chenault has been nominated to the conglomerate's board of directors, replacing.. Reuters - Published
Warren Buffett on Friday said the coronavirus pandemic forced him to cancel Berkshire Hathaway Inc's annual shareholder weekend, the largest gathering in corporate America, because the safety of.. Reuters - Published
Warren Buffett, the chairman of Berkshire Hathaway Inc and one of the world's most admired investors, said on Monday he is a Democrat, and would have "no trouble" voting for fellow billionaire Michael.. Reuters - Published
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Monday called the coronavirus outbreak "scary stuff" but said that it was no time to sell stocks despite the threat of a.. Reuters - Published
Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major.. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its.. Reuters - Published
Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major.. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc on Friday said it has taken a $549.1 million stake in Kroger Co, investing in the largest U.S. supermarket chain as smaller rivals struggle. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc agreed to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor had long defended even as.. Reuters - Published
Warren Buffett's Berkshire Hathaway Inc said on Wednesday it is selling its newspaper operations to Lee Enterprises Inc , abandoning an industry the billionaire investor had long supported and defended.. Reuters - Published
The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett's Berkshire Hathaway Inc to take a $377 million charge last year, pleaded guilty on Friday to involvement.. Reuters - Published
The auto insurer Geico on Monday named Todd Combs, one of Warren Buffett's portfolio managers at Berkshire Hathaway Inc , as its chief executive. Reuters - Published
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and.. Reuters - Published
Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose 14%, as it improved results in multiple business lines and generated.. Reuters - Published
Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose as the company posted higher profit in multiple business lines and.. Reuters - Published
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the.. Reuters - Published
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting. Reuters - Published
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