Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics
By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan, the company’s CEO said, even as geopolitical concerns with China simmer. Owned…
Factbox-Warren Buffett’s investments in financial firms
NEW YORK (Reuters) – Berkshire Hathaway’s Warren Buffett has been in discussions with senior Biden administration officials about the banking crisis, leading some to speculate that Buffett would consider investing in the…
Buffett’s Berkshire Hathaway speeds up stock buybacks
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has stepped up its pace of stock buybacks, repurchasing more than $1.8 billion of its own stock this year. In its proxy…
Warren Buffett’s Berkshire Hathaway rejects call for silence on hot-button issues
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday urged shareholders to reject proposals that it avoid discussing hot-button social and political issues, and competing proposals…
Warren Buffett’s Berkshire warns about crypto website using its name
(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name. The website describes…
Buffett’s Berkshire sheds large portion of US Bancorp stake
(Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, said on Thursday it has shed more than 91 million US Bancorp shares since the start of the year, reducing…
Buffett’s designated successor Greg Abel boosts Berkshire stake
By Jonathan Stempel (Reuters) – Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway Inc’s chief executive, spent more than $68 million on the conglomerate’s shares last…
Buffett’s Berkshire Hathaway buys 5.99 million more Occidental shares
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc bought another 5.99 million shares of Occidental Petroleum Corp, boosting its stake to 20.9% after the oil company’s shares…
Is Warren Buffett’s interest in Occidental a bet against recession?
By Liz Hampton (Reuters) – Warren Buffett’s near 20% stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer and turn it into a “cash machine”…
Buffett’s Dairy Queen loses lawsuit over ‘Blizzard’ name
By Jonathan Stempel (Reuters) – A federal judge ruled that Dairy Queen cannot stop W.B. Mason Co from selling “Blizzard” bottled spring water, the same name the unit of Warren Buffett’s Berkshire…
Delighted Citigroup chief calls Buffett’s investment ‘wonderful’
By Tom Sims FRANKFURT – The timing of Warren Buffett’s recent investment in Citigroup Inc was not known in advance by the U.S. lender, Chief Executive Jane Fraser said on Tuesday. Fraser,…
Factbox-Warren Buffett’s dealmaking spree over the years
– Warren Buffett’s Berkshire Hathaway is sitting on a near-record high $146.7 billion cash pile despite the huge buybacks it made over the past couple of years. It struck a $11.6 billion…
Occidental Petroleum rises after Buffett’s Berkshire Hathaway reveals 14.6% stake
By Jonathan Stempel – Occidental Petroleum Corp shares rose on Thursday after Warren Buffett’s Berkshire Hathaway Inc said it spent nearly $1 billion on additional shares in the oil company, giving it…
Buffett’s Berkshire extends board shuffle as Tom Murphy resigns
– Berkshire Hathaway Inc said Tom Murphy, the former head of Capital Cities/ABC Inc and longtime friend of Warren Buffett, has resigned from its board of directors after a bout with COVID-19.…
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