Global Accounting Rule Ends Leeway Over Operating Profit April 9, 2024 By Huw Jones Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global accounting rulesetter to...
Berkshire Unit Added to Lawsuit Over Inflated Real Estate Commissions March 5, 2024 By Jonathan Stempel A unit of Warren Buffett’s Berkshire Hathaway was added on Monday to a lawsuit accusing the National Association of Realtors...
Warren Buffett Says Berkshire ‘Built to Last’ Though Eye-Popping Gains Are Over February 26, 2024 By Jonathan Stempel Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long...
Build-A-Bear, Maker of Warren Buffett’s Squishmallows Face Off in Court February 13, 2024 By Jonathan Stempel Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the popular Squishmallows plush toys, sued Build-A-Bear Workshop...
Berkshire Utility Reaches $299 Million Oregon Fire Accord December 8, 2023 By Jef Feeley Berkshire Hathaway Energy Co.’s PacifiCorp said it will pay $299 million to settle claims over wildfires that burned homes in...
Buffett Gave Tribute to Partner and Friend Munger in Latest Annual Report November 29, 2023 Warren Buffett’s Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger but the...
Berkshire Hathaway Reports $12.8B Loss as Investments Fall; Insurance Performed Well November 6, 2023 By Josh Funk Warren Buffett`s company has reported a nearly $13 billion loss in the third quarter as the paper value of its...
Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets October 13, 2023 By Aya Wagatsuma and Akemi Terukina Warren Buffett’s buying of Japanese trading firms helped propel the nation’s stocks to multi-decade highs. Six months on, insurers and...
Berkshire Hathaway Energy Shows Unusual Risk Appetite in Wildfire Court Fight September 21, 2023 By Joel Rosenblatt Berkshire Hathaway Energy Co.’s PacifiCorp has been battered in an unprecedented court fight over the utility’s failure to prevent massive...
Reinsurers Hope Profitability Party Will Last – But All Good Things Must End September 11, 2023 By Brian C. Schneider Executive summary: Fitch Ratings is projecting reinsurer returns on equity of 14% in 2023 and 2024, results that reflect a...