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...
Buffett to Step Down Following Six-Decade Run Atop Berkshire May 4, 2025 By Alexandre Rajbhandari and Katherine Chiglinsky Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a...
Buffett’s Duracell Sued by BASF Over Lithium Battery Secrets April 11, 2025 By Jef Feeley Billionaire investor Warren Buffett’s Duracell battery maker was accused by chemical producer BASF SE of stealing trade secrets about lithium...
Buffett Says Comments Attributed to Him on X, TikTok ‘All False’ April 8, 2025 By Alexandre Rajbhandari Berkshire Hathaway Inc. said Friday that all reports circulating on social media sites including X, TikTok and Facebook “regarding comments...
Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains February 25, 2025 By Susanne Sclafane The work that GEICO’s chief executive has done to “repolish” Berkshire Hathaway’s “long-held gem” got a special shout-out in Warren...
Berkshire Hathaway Removes Diversity and Inclusion From Annual Report February 24, 2025 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing...
Buffett’s Berkshire Posts Record Profit on Insurance, Investments February 23, 2025 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third...
Berkshire Shareholder Seeks Committee to Oversee AI at Buffett’s Company January 8, 2025 By Jonathan Stempel A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens...
Berkshire’s GEICO Turns in Strong Q3 but Overall Insurance UW Income Slips November 4, 2024 By Chad Hemenway Third quarter underwriting income with Berkshire Hathaway’s insurance units fell about $1.7 billion to $750 million due to estimated losses...