Berkshire Hathaway News
Buffett Donating Over $2.8B to Gates, Family Charities
Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc. stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give ...
Fitch: Berkshire Hathaway’s Commercial Insurance Success Threatens Smaller Rivals
Berkshire Hathaway's expansion into the U.S. commercial lines market in recent years has been immensely successful for the company, giving it the ability to crowd out smaller rivals, Fitch Ratings ...
Buffett’s Berkshire Hathaway Grabs $388M Stake In Australia Insurer
Warren Buffett's Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give ...
Fitch Ups Maximum Estimate of Asbestos Exposure Industry Insured Losses
Fitch Ratings boosted its maximum estimate of asbestos exposure ultimate industry insured losses to $90 billion, a $5 billion hike. "Incurred losses continue to materialize, tied partly to losses ...
FAA, Berkshire Hathaway to Partner on Commercial Drone Tests
The Federal Aviation Administration said it would work with two private U.S. companies to test commercial drones that can fly beyond an operator's line of sight, a precursor to sophisticated drone ...
Buffett Expects Berkshire Hathaway Conglomerate to Continue Without Him
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said his life's work won't be broken apart by activist investors once he's no longer at the helm. "The ...
Buffett Scoffs at Notion of Berkshire Hathaway Being ‘Too Big to Fail’
Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter ...
The Big Tease: Buffett Remains Mum About His Chosen Successor
Warren Buffett didn't spill the beans about his already-chosen successor in his latest annual letter to Berkshire Hathaway shareholders. Long-time vice-chairman Charlie Munger fueled continued ...