Judge set to rule on Berkshire Hathaway request for speedy trial over Pilot unit
By Jonathan Stempel (Reuters) – A Delaware judge said she will decide by Friday whether to give Warren Buffett’s Berkshire Hathaway a January trial date over a dispute of how to value…
Berkshire Hathaway sells $58.9 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.96 million Hong Kong-listed shares of electric vehicle maker BYD for HK$462.09 million ($58.9 million), a stock…
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…
Brazilian reinsurer resolves US probe into fake Berkshire Hathaway story
By Jonathan Stempel WASHINGTON (Reuters) – A Brazilian reinsurer entered a nonprosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received…
Berkshire Hathaway stake in Occidental Petroleum rises to 23.6%
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc boosted its ownership stake in Occidental Petroleum Corp to about 23.6% after buying nearly 3.7 million additional shares. Berkshire disclosed the purchases,…
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…
Berkshire Hathaway buys more Occidental shares, stake rises to 23.1%
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc purchased more Occidental Petroleum Corp shares, increasing its stake in the oil company to about 23.1%, a regulatory filing showed on Wednesday. Berkshire paid about…
Berkshire Hathaway resumes Occidental purchases, stake reaches 22.2%
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has resumed its purchases of Occidental Petroleum Corp shares after a five-month hiatus, increasing its stake in the oil company to about…
Berkshire Hathaway sells $138.9 million of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock…
Berkshire Hathaway sells 1.1 million H-shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ($24.52)…
Berkshire Hathaway sells $34.4 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD for HK$267.69 million ($34.43 million), a stock…
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 &…
Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock…
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…
Berkshire Hathaway boosts Occidental Petroleum stake above 20%
By Jonathan Stempel August 8 – Warren Buffett’s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could record some of the oil company’s earnings…
Berkshire Hathaway owns 18.7% of Occidental after new 12 million share purchase
By Arunima Kumar and Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc said on Thursday it bought another 12 million shares of Occidental Petroleum Corp this week, giving it an 18.7% stake…
Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the…
Berkshire Hathaway buys 9.6 million more Occidental shares, raises stake to over 16%
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc bought another 9.6 million shares of Occidental Petroleum Corp, boosting its stake to 16.3% as the oil company’s shares come off the year’s high. The…
Berkshire Hathaway director Olson says Abel has the board’s total confidence
OMAHA, Neb. – One of Berkshire Hathaway’s longest-serving directors on Thursday gave a full-throated endorsement to Greg Abel as designated successor to Warren Buffett when the billionaire steps down. “He has the…
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…
Berkshire Hathaway stock price reaches $500,000
By Jonathan Stempel – The share price of Warren Buffett’s Berkshire Hathaway Inc reached $500,000 for the first time on Monday, reflecting the company’s status as a defensive stock in a market…
Berkshire Hathaway nominates Wally Weitz to fill open board seat
– Warren Buffett’s Berkshire Hathaway Inc on Friday said it has nominated Wally Weitz, the founder of Weitz Investment Management, to join its board of directors following the resignation of Tom Murphy,…
Berkshire Hathaway says it has added 12,000 jobs
By Jonathan Stempel – Berkshire Hathaway Inc, run by billionaire Warren Buffett, said on Friday its workforce has grown by about 12,000, recovering some jobs it lost earlier in the COVID-19 pandemic.…
Breaking News
