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...
Buffett’s Insurance Leader Ajit Jain Sells Large Part of Berkshire Stake September 13, 2024 By Jonathan Stempel Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway BRKa.N, sold more than half of his Class...
Munich Re and Swiss Re Both Top List of 2023’s Largest Reinsurers August 30, 2024 By L.S. Howard Munich Re tops the list of the world’s 50 largest reinsurers that use IFRS 17 reporting standards, while Swiss Re...
Berkshire Halves Apple Stake, Boosts Cash to $277 Billion As It Gets ‘Defensive’ August 6, 2024 By Jonathan Stempel Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling...
Squishmallows Maker Can Sue Build-A-Bear Over Alleged Plush Toy Knockoffs July 17, 2024 By Jonathan Stempel A U.S. judge rejected Build-A-Bear Workshop’s effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs...
Buffett’s Berkshire Hathaway Sets, Closes at Record High July 16, 2024 By Jonathan Stempel Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often...
Buffett’s NetJets Sues Pilots’ Union for Defamation June 6, 2024 By Jonathan Stempel NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over...