Berkshire Hathaway News
Jain Successor Is Recurring Berkshire Board Topic; Leadership Lessons
The man responsible for providing billions of dollars of insurance for some of the world's biggest events, Ajit Jain, told investors in Berkshire Hathaway that his eventual replacement as the leader ...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech
Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO ...
Buffett Praises Successors, Lauds Apple Despite Lowering Stake
Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its ...
Berkshire’s PacifiCorp Expected to Pay $29M to Oregon Wildfire Victims
An Oregon state jury on Tuesday ordered Berkshire Hathaway's PacifiCorp to pay at least $29.2 million to nine homeowners and a summer camp whose properties were damaged by 2020 wildfires they claim ...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts
Even though Berkshire Hathaway's latest annual report featured Warren Buffett's forecast that the days of "eye-popping performance" for the giant conglomerate are over, readers focused on ...
Buffett Says Berkshire ‘Built to Last’
Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime ...
‘A Great Partner’: Berkshire Hathaway Vice Chair Munger Dies at 99
Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger. "Berkshire Hathaway could not have been built to its present status without Charlie's ...
Price Hikes, GEICO Pullback Boost Berkshire Operating Results; Investment Losses Mar Bottom Line
Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns—particularly the insurers—generally ...