Warren Buffett tells Citigroup CEO Fraser to keep going with overhaul -source
By Isla Binnie and Lananh Nguyen NEW YORK (Reuters) – Over a recent lunch with Warren Buffett, Citigroup CEO Jane Fraser outlined her latest round of reorganization efforts to simplify the bank.…
U.S. philanthrophist Buffett raps international response to Kakhovka dam destruction
KYIV (Reuters) – The son of one of the United States’ richest men criticised the international disaster response to the destruction of the Kakhovka dam in southern Ukraine this month as “disappointing”…
Berkshire shareholders reject climate, diversity proposals; keep Buffett as chairman
By Jonathan Stempel OMAHA, Nebraska (Reuters) – Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals for environmental, social and governance changes at Warren Buffett’s conglomerate, all of which the billionaire…
Berkshire director: Buffett CEO heir an ideal fit, but changeover not imminent
By Jonathan Stempel OMAHA, Nebraska (Reuters) – One of Berkshire Hathaway Inc’s longest-serving directors said Greg Abel has the ability and commitment to its culture that makes him an ideal fit to…
Factbox-Warren Buffett, Berkshire Hathaway at a glance
(Reuters) – Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett’s Berkshire Hathaway Inc. Buffett, 92, and Vice Chairman Charlie…
Buffett says geopolitics a factor in Berkshire sale of TSMC stake
(Reuters) – Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s decision to sell most of its stake in Taiwanese chipmaker TSMC just a few months after buying it, Nikkei…
Warren Buffett in discussions with Biden officials on banking crisis-source
WILMINGTON, Delaware (Reuters) – Berkshire Hathaway Inc’s Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the matter told Reuters on Saturday. The…
Berkshire Hathaway says Warren Buffett donates shares to family charities
(Reuters) – Berkshire Hathaway Inc said Warren Buffett has donated more of his fortune to four family charities, without disclosing whether the billionaire chairman made a new donation to the Bill &…
Rakesh Jhunjhunwala, ‘India’s Warren Buffett’, dies at 62
By Rupam Jain and M. Sriram MUMBAI -India’s best-known stock investor Rakesh Jhunjhunwala, dubbed the country’s Warren Buffett, died on Sunday, prompting an outpouring of tributes for a self-made billionaire whose fortunes…
Berkshire shareholders overwhelmingly vote to keep Buffett chairman
(Reuters) – Berkshire Hathaway Inc shareholders voted by an almost 9-to-1 margin to keep Warren Buffett as both chairman and chief executive, and his company regained compliance with New York Stock Exchange…
Berkshire shareholders look beyond Warren Buffett, Charlie Munger
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. – Berkshire Hathaway Inc shareholders face a question that Warren Buffett sought to tackle at the company’s annual meeting: How will Berkshire fare when…
Warren Buffett to host final charity lunch for San Francisco nonprofit
By Jonathan Stempel (Reuters) – Warren Buffett plans to hold his 21st, and final, charity lunch to raise money for Glide, a San Francisco nonprofit that serves the poor, homeless, and people…
CalPERS to vote to replace Buffett as Berkshire chairman
(Reuters) – CalPERS, the largest U.S. public pension fund, on Tuesday said it will vote for a shareholder proposal that Berkshire Hathaway Inc replace Warren Buffett as chairman, though he would remain…
Buffett needed two weeks for $11.6 billion Alleghany purchase, balked at Goldman fee
By Jonathan Stempel NEW YORK – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as…
Warren Buffett Announces Massive $11 Billion Purchase, Largest Deal In Years
Warren Buffett Announces Massive $11 Billion Purchase, Largest Deal In Years Harry Wilmerding on March 21, 2022 Warren Buffet announced a massive $11 billion acquisition Monday, the largest deal in roughly five…
Berkshire rejects shareholder call to replace Warren Buffett as chairman
By Jonathan Stempel – Berkshire Hathaway Inc on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk…
Buffett says Berkshire’s Activision purchase was ‘no bonanza’
– Warren Buffett said Berkshire Hathaway Inc’s recent investment in Activision Blizzard Inc has been “no bonanza” for Berkshire, and was made without knowing the video game maker would receive a takeover…
Buffett business partner Munger laments U.S.-China tensions, calls crypto ‘venereal disease’
By Jonathan Stempel – Charlie Munger, the longtime business partner of Warren Buffett, on Wednesday said it is “massively stupid” for tensions to escalate between the United States and China, and separately…
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