Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and ...
Berkshire Hathaway Inc. said on Wednesday it has acquired more shares of Occidental Petroleum Corp., boosting its stake in the oil company to above 25 percent. The conglomerate, controlled by ...
While the leader of Berkshire Hathaway's insurance operations described Jan. 1 property-catastrophe reinsurance pricing as disappointing, the "day in the sun" came at April 1, allowing Berkshire to ...
Even though Berkshire Hathaway's GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire's insurance operations said the figure ...
Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring "turmoil" to the financial system, even as he offered a vote of ...
Billionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he's no longer around to lead the conglomerate. Buffett said shareholders shouldn't worry about the ...
Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost enough to counterbalance the deteriorating ...
Warren Buffett's Berkshire Hathaway Inc. on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from ...
The slide in U.S. stock prices punished Berkshire Hathaway Inc.'s bottom-line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. ...
When Warren Buffett told Berkshire Hathaway investors that State Farm continues to dominate the large auto insurance carrier landscape during this year's annual meeting, he was referring to scale ...