Berkshire Hathaway Posts $43.8 Billion Loss as Stock Holdings Tumble August 8, 2022 By Jonathan Stempel The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as the conglomerate run...
Reports: GEICO Closing All Offices in California August 1, 2022 GEICO is closing all of its offices in California, according to reports. The company shut down all of its 38...
Buffett’s Dairy Queen Loses Lawsuit Over ‘Blizzard’ Name June 22, 2022 By Jonathan Stempel A federal judge ruled that Dairy Queen cannot stop W.B. Mason Co from selling “Blizzard” bottled spring water, the same...
Alleghany Stockholders Approve Sale to Buffett’s Berkshire Hathaway June 9, 2022 Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway’s offer to buy the company for $11.6...
Berkshire Hathaway’s Buffett Talks Nuclear Risk and Tribalism May 4, 2022 By Susanne Sclafane Shareholders attending Berkshire Hathaway’s annual meeting on Saturday had questions about what will happen to the conglomerate when Chairman Warren...
State Farm Still Wins: Buffett Talks Auto Insurance at Annual Event May 3, 2022 By Susanne Sclafane There wasn’t a lot of talk about auto insurance at this year’s annual meeting of Berkshire Hathaway, but when the...
Berkshire Shareholders Vote to Keep Buffett as Chairman, Reject Climate Disclosures May 2, 2022 By Carolina Mandl and Jonathan Stempel Berkshire Hathaway Inc. shareholders on Saturday rejected proposals to have an independent chair replace Warren Buffett, and require his company...
Berkshire Investors Nudge for Better Governance, Social Issues as Meeting Looms April 29, 2022 By Carolina Mandl and Jonathan Stempel Warren Buffett will face pressure to improve Berkshire Hathaway Inc’s environmental and social policies as well as governance when he...
Largest Public Pension Fund to Vote to Replace Buffett as Berkshire Chairman April 21, 2022 By Jonathan Stempel CalPERS, the largest U.S. public pension fund, on April 19 said it will vote for a shareholder proposal that Berkshire...
How Warren Buffett Does a Deal: Alleghany Merger Backstory April 18, 2022 By Susanne Sclafane Berkshire Hathaway didn’t require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion...