OMAHA, Neb. (AP) — Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday, but unlike his annual gifts to charity each summer, the recipients didn't include the Bill & Melinda Gates Foundation.
OMAHA, Neb. (AP) — Warren Buffett's company slashed its stake in U.S. Bank's parent company and also sold shares in Chinese electric car maker BYD in the third quarter, according to regulatory filings Monday.
OMAHA, Neb. (AP) — Warren Buffett's company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.
OMAHA, Neb. (AP) — Warren Buffett's company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate.
The purchase announced in March will further expand Berkshire's sizeable insurance operations and add a few more companies to its stable, including a steel fabricator and toy company owned by Alleghany.
OMAHA, Neb. (AP) — Billionaire Warren Buffett's successor bought nearly $70 million worth of stock in the conglomerate he is slated to one day lead.
Berkshire Hathaway Vice Chairman Greg Abel on Monday disclosed buying 168 Class A shares in the company in a filing with the Securities and Exchange Commission.
OMAHA, Neb. (AP) — Warren Buffett's company picked up another $368 million worth of Occidental Petroleum stock this week to give it control of nearly 21% of the oil producer.
CHARLESTON, W.Va. (AP) — A firm owned by billionaire businessman Warren Buffett has partnered with the state of West Virginia to buy land for use as an industrial park powered by renewable energy, Gov.
OMAHA, Neb. (AP) — The auction of a high-tech portrait of Warren Buffett didn't come close to matching the $19 million someone paid earlier this year for a private lunch with the billionaire, but it still raised $75,100 for one of his favorite charities.
OMAHA, Neb. (AP) — Warren Buffett's company has trimmed its stake in Chinese electric car and battery maker BYD for the first time since it bought the shares in 2008, an investment that has soared in value.
OMAHA, Neb. (AP) — Billionaire Warren Buffett is auctioning off a high-tech signed portrait of himself to raise money for one of his favorite charities, and the bidding has already topped $30,000.
The portrait of Buffett created by Motiva Art features a grid of letters over the picture that light up to spell out several of the legendary investor’s famous quotes.
OMAHA, Neb. (AP) — Warren Buffett's company has received clearance to boost its 20% stake in Occidental Petroleum to as much as 50%, but it's not immediately clear how many more shares Berkshire Hathaway plans to buy or whether it will consider buying the entire company.
OMAHA, Neb. (AP) — Warren Buffett's company bet more on high-tech darling Apple during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron.
NEW DELHI (AP) — Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died Sunday in Mumbai city, Press Trust of India news agency reported.
OMAHA, Neb. (AP) — Warren Buffett's company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil producer.
OMAHA, Neb. (AP) — Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many operating companies generally performed well suggesting the overall economy is weathering the pressure from inflation and rising interest rates.
NEW YORK (AP) — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett's company discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday, in what is being called the second-largest redlining settlement in history.
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway now owns nearly $11 billion worth of Occidental Petroleum stock after buying another 1.9 million shares in the past week.
The latest purchases of nearly $117 million in stock that Berkshire reported to the Securities and Exchange Commission Monday give the Omaha, Nebraska-based conglomerate control of 19.4% of the oil producer's stock.
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway now controls nearly 20% of Occidental Petroleum's stock after picking up another $250 million worth of shares of the oil producer this week.
Berkshire has been investing heavily in Occidental this year, including buying up more than $1.2 billion of the Houston-based company's stock so far this month.
Bill Gates, concerned about the “significant suffering” caused by global setbacks including the COVID-19 pandemic, announced Wednesday that he will donate $20 billion to his foundation so it can increase its annual spending.
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway bought more than $500 million worth of Occidental Petroleum shares over the past week as it continued to invest heavily in oil producers this year.
OMAHA, Neb. (AP) — An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City.
The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty.
OMAHA, Neb. (AP) — Bidding for a final, private lunch with Warren Buffett, an event that has raised tens of millions for a California charity, has already topped $3 million.
It will be the first private lunch offered with the billionaire since a record-setting bid in 2019.
Stocks rose steadily throughout the day and ended with broad gains as traders got back to buying again after a mostly miserable few weeks on Wall Street.
Tech giants like Apple and Microsoft were among the biggest winners, and video game maker Take-Two Interactive jumped after forecasting better results than analysts were expecting.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Walmart Inc., down $16.86 to $131.35.
The nation's largest retailer trimmed its profit forecast for the year as it grapples with surging inflation.
OMAHA, Neb. (AP) — Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks.
But Buffett had already shared the biggest investments with Berkshire Hathaway shareholders at the company's recent annual meeting.
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway continued buying Occidental Petroleum shares this week just days after he told shareholders that he had amassed a 14% stake in the oil producer.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Hilltop Holdings Inc., up $4.73 to $30.22.
The insurance holding company is buying back up to $400 million of its own stock.
OMAHA, Neb. (AP) — Warren Buffett gave Berkshire Hathaway investors a few details Saturday about 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.
OMAHA, Neb. (AP) — Tens of thousands of people are expected to pack an Omaha arena Saturday for Warren Buffett's Berkshire Hathaway's annual meeting.
Most attending the company's first in-person meeting since the pandemic want to be there just for the chance to hear from the 91-year-old Buffett and his 98-year-old investing partner, Charlie Munger, while they still can.
OMAHA, Neb. (AP) — The world's 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.
NEW YORK (AP) — Charlie Rose, whose career as a journalist imploded in 2017 due to sexual misconduct allegations, emerged Thursday by posting online a lengthy interview he conducted with investor Warren Buffett.
SACRAMENTO, Calif. (AP) —
A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett's company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution.
OMAHA, Neb. (AP) — Shares of HP Inc. jumped nearly 15% Thursday after Warren Buffett's company snapped up more than 11% of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
HP Inc., up $5.15 to $40.06.
Warren Buffett's Berkshire Hathaway disclosed a $4.2 billion stake in the personal computer and printer maker.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Boeing, down $6.93 to $185.90
A China Eastern Boeing 737-800 plane with 132 people on board crashed in the southern province of Guangxi on Monday.
Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that it would acquire the insurance company Alleghany for $11.6 billion.
OMAHA, Neb. (AP) — Berkshire Hathaway's steady-as-she-goes investing has put the vast conglomerate in high places, or at least put its shares up there.
Buying a single share of Berkshire's class A stock will set you back more than $500,000.
OMAHA, Neb. (AP) — Billionaire Warren Buffett says his company has benefited from some “extraordinary luck” in finding acquisitions like BNSF railroad over the decades, but he hasn’t had much of that in recent years as Berkshire Hathaway’s cash pile has grown to nearly $147 billion.
OMAHA, Neb. (AP) — Billionaire Warren Buffett will release his well-read annual letter to Berkshire Hathaway shareholders this weekend.
The letter will be posted on Berkshire's website Saturday morning.
OMAHA, Neb. (AP) — Warren Buffett's company placed a rare bet on a technology company late last year and it has already paid off in a big way.
Berkshire Hathaway revealed in documents filed with regulators on Monday that it bought near 15 million shares in game publisher Activision Blizzard during the last three months of 2021.
OMAHA, Neb. (AP) — Warren Buffett's company plans to hold its annual shareholders meeting that used to routinely attract more than 40,000 people in person this spring for the first time since the pandemic began.
OMAHA, Neb. (AP) — A cryptocurrency pioneer is behind a more than $4.5 million charity bid to have a private lunch with billionaire investor Warren Buffett.
The Glide Foundation said in a news release Monday that the top bidder was Justin Sun, founder of Tron and CEO of BitTorrent.
OMAHA, Neb. (AP) — An anonymous bidder has offered more than $4.5 million to have a private lunch with billionaire investor Warren Buffett, shattering the previous record of nearly $3.5 million set in 2012 and 2016.
OMAHA, Neb. (AP) — Ten years ago, Omaha billionaire Warren Buffett was so sure that his chosen S&P 500 stock index fund would outperform a collection of hedge funds that he made a $1 million bet over it.
OMAHA, Neb. (AP) — Talk about value investing. A car owned by Warren Buffett was auctioned for more than $122,000, about 10 times the estimated worth, as the billionaire and philanthropist offered to again help out one of his favorite charities.