Pierce Named CEO of GEICO as Combs Resigns December 8, 2025 Berkshire Hathaway Inc. today announced Nancy L. Pierce will be GEICO’s new chief executive officer. Pierce was most recently chief...
Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims November 20, 2025 By Michelle Ma and Alexandre Rajbhandari Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor...
Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares November 11, 2025 By Jonathan Stempel Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving...
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar November 3, 2025 By Alexandre Rajbhandari Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged...
Maryland Man Charged in Ponzi Scheme Claimed He Knew Buffett’s Investments September 23, 2025 By Jonathan Stemple A Harvard Business School graduate accused of defrauding fellow alumni out of millions of dollars by claiming he could identify...
Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk September 8, 2025 By Peter Blumberg Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars...
Squishmallows Maker, Build-A-Bear Call Truce in Plush Toy Legal Battle August 26, 2025 By Blake Brittain Jazwares, the Berkshire Hathaway-owned maker of Squishmallows, has agreed to end a lawsuit against Build-A-Bear Workshop over its alleged knockoffs...
Berkshire Insurance Units Report Lower Q2 Operating Income Overall August 4, 2025 GEICO was the only one of Berkshire Hathaway’s major property/casualty reporting divisions to post higher underwriting profit in the second...
Berkshire Shareholders Reject Diversity, AI Proposals May 7, 2025 By Jonathan Stempel Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based...
Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI May 5, 2025 By Susanne Sclafane He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the...