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 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...
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...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech May 6, 2024 By Susanne Sclafane Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with...
‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO April 29, 2024 By Mark Chediak Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least...
BNSF Says It Didn’t Know About Asbestos That’s Killed Hundreds in Montana Town April 23, 2024 By Matthew Brown and Amy Beth Hanson BNSF Railway attorneys told a Montana jury that the railroad should not be held liable for the lung cancer deaths...
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...
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...