OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway bought more than $500 million worth of Occidental Petroleum shares over the past week as it continued to invest heavily in oil producers this year.
OMAHA, Neb. (AP) — An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City.
The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty.
OMAHA, Neb. (AP) — Bidding for a final, private lunch with Warren Buffett, an event that has raised tens of millions for a California charity, has already topped $3 million.
It will be the first private lunch offered with the billionaire since a record-setting bid in 2019.
Stocks rose steadily throughout the day and ended with broad gains as traders got back to buying again after a mostly miserable few weeks on Wall Street.
Tech giants like Apple and Microsoft were among the biggest winners, and video game maker Take-Two Interactive jumped after forecasting better results than analysts were expecting.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Walmart Inc., down $16.86 to $131.35.
The nation's largest retailer trimmed its profit forecast for the year as it grapples with surging inflation.
OMAHA, Neb. (AP) — Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks.
But Buffett had already shared the biggest investments with Berkshire Hathaway shareholders at the company's recent annual meeting.
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway continued buying Occidental Petroleum shares this week just days after he told shareholders that he had amassed a 14% stake in the oil producer.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Hilltop Holdings Inc., up $4.73 to $30.22.
The insurance holding company is buying back up to $400 million of its own stock.
OMAHA, Neb. (AP) — Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone.
OMAHA, Neb. (AP) — Tens of thousands of people are expected to pack an Omaha arena Saturday for Warren Buffett's Berkshire Hathaway's annual meeting.
Most attending the company's first in-person meeting since the pandemic want to be there just for the chance to hear from the 91-year-old Buffett and his 98-year-old investing partner, Charlie Munger, while they still can.
OMAHA, Neb. (AP) — The world's most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homeless charity one last time.
NEW YORK (AP) — Charlie Rose, whose career as a journalist imploded in 2017 due to sexual misconduct allegations, emerged Thursday by posting online a lengthy interview he conducted with investor Warren Buffett.
SACRAMENTO, Calif. (AP) —
A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett's company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution.
OMAHA, Neb. (AP) — Shares of HP Inc. jumped nearly 15% Thursday after Warren Buffett's company snapped up more than 11% of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
HP Inc., up $5.15 to $40.06.
Warren Buffett's Berkshire Hathaway disclosed a $4.2 billion stake in the personal computer and printer maker.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Boeing, down $6.93 to $185.90
A China Eastern Boeing 737-800 plane with 132 people on board crashed in the southern province of Guangxi on Monday.
Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that it would acquire the insurance company Alleghany for $11.6 billion.
OMAHA, Neb. (AP) — Berkshire Hathaway's steady-as-she-goes investing has put the vast conglomerate in high places, or at least put its shares up there.
Buying a single share of Berkshire's class A stock will set you back more than $500,000.
OMAHA, Neb. (AP) — Billionaire Warren Buffett says his company has benefited from some “extraordinary luck” in finding acquisitions like BNSF railroad over the decades, but he hasn’t had much of that in recent years as Berkshire Hathaway’s cash pile has grown to nearly $147 billion.
OMAHA, Neb. (AP) — Billionaire Warren Buffett will release his well-read annual letter to Berkshire Hathaway shareholders this weekend.
The letter will be posted on Berkshire's website Saturday morning.
OMAHA, Neb. (AP) — Warren Buffett's company placed a rare bet on a technology company late last year and it has already paid off in a big way.
Berkshire Hathaway revealed in documents filed with regulators on Monday that it bought near 15 million shares in game publisher Activision Blizzard during the last three months of 2021.
OMAHA, Neb. (AP) — Warren Buffett's company plans to hold its annual shareholders meeting that used to routinely attract more than 40,000 people in person this spring for the first time since the pandemic began.
OMAHA, Neb. (AP) — Several hundred striking workers at a manufacturing facility owned by Berkshire Hathaway have picked up some high-profile support from U.S. Sen. Bernie Sanders, but the company's CEO, Warren Buffett, has declined to get involved in the contract dispute.
ANKENY, Iowa (AP) — An Iowa-based convenience store chain has completed the purchase of 40 stores from Knoxville, Tennessee-based Pilot Corporation.
Casey’s General Stores, Inc. announced in a news release that it had closed the sale as part of a three-year strategic plan to add 345 new stores nationwide.
The Giving Pledge announced Tuesday that 14 more billionaires, including the CEOs of DoorDash and Pinterest, had promised in 2021 to donate more than half their fortunes, raising the total to 231 philanthropists from 28 countries.
Bill Gates and Melinda French Gates say they will still work with the Giving Pledge, the campaign they co-founded with Warren Buffett in 2010 to encourage billionaires to donate the majority of their wealth through philanthropy.
SPRINGFIELD, Ill. (AP) — The director of the Illinois Law Enforcement Training and Standards Board was fired this fall after an investigation found that he improperly issued a law enforcement certificate to an unqualified local philanthropist who's also the son of billionaire investor Warren Buffett, according to a report released Wednesday.
SACRAMENTO, Calif. (AP) — A California electrician was ordered Tuesday to pay $481.3 million in restitution as part of his sentence for participating in a $1 billion Ponzi schemed that suckered Warren Buffett’s Berkshire Hathaway Inc., among many others.
OMAHA, Neb. (AP) — Investor Warren Buffett's company made two new investments during the third quarter while trimming its holdings in several drugmakers and financial firms.
OMAHA, Neb. (AP) — Warren Buffett's company reported a third-quarter profit that was roughly one-third the amount of last year's because of much smaller paper gains on the value of its investments, but most of its businesses continue to recover from the effects of the pandemic.
Cryptocurrencies are inherently cryptic — it’s right there in the name. And if you follow Warren Buffett’s advice to never invest in businesses you can’t understand, it may be hard to justify investing in a currency made of math instead of gold.
OMAHA, Neb. (AP) — Billionaire Walter Scott, the past top executive of Peter Kiewit Sons Inc. construction firm who helped oversee Warren Buffett’s conglomerate and donated to various causes, particularly construction projects around Omaha, has died.
OMAHA, Neb. (AP) — Billionaire Warren Buffett's company has again increased the size of its bet on grocery giant Kroger, while scaling back several of its health care industry investments.
NEW YORK (AP) — Warren Buffett’s Berkshire Hathaway company on Saturday reported a 7% gain in profit for the second quarter, as many of the conglomerate's businesses recovered from the coronavirus pandemic.
HERMISTON, Ore. (AP) — Two former employees of a home manufacturing company in eastern Oregon have filed a lawsuit saying they endured anti-Black racism and discrimination, and then were fired after reporting the incidents to managers.
OMAHA, Neb. (AP) — Warren Buffett's company is abandoning its purchase of a natural gas pipeline from Dominion Energy because of uncertainty about whether the deal could get regulatory approval.
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the one constant throughout the coronavirus pandemic has been that it has been difficult to predict how it would affect the economy, but clearly it has devastated many small businesses and individuals while most big companies have fared OK.
Stocks that traded heavily or had substantial price changes Friday:
Nike, up $20.75 to $154.35
The sportswear maker reported blockbuster earnings for its latest quarter and issued a strong outlook for the year.
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway conglomerate is still aggressively buying back its own stock to make use of some of its huge pile of cash.
Berkshire has repurchased roughly $6.5 billion of its own shares so far in the second quarter.
NEW YORK (AP) — Warren Buffett resigned Wednesday as trustee of the Bill and Melinda Gates Foundation, which says it will announce plans in July to answer questions raised about its leadership structure as it deals with the divorce of its two founders.
WASHINGTON (AP) — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S.
JPMorgan Chase will take another crack at fixing health care after a push with two other corporate giants dissolved earlier this year.
The bank said Thursday that it formed a new business focused on improving care provided for about 285,000 people through its employer-sponsored health plan.
OMAHA, Neb. (AP) — Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new investment in Chevron.
OMAHA, Neb. (AP) — Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report...
OMAHA, Neb. (AP) — Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered a variety of questions at Berkshire Hathaway's annual meeting Saturday...
Big business has ratcheted up its objections to proposals that would make it harder to vote, with several hundred companies and executives signing a new statement opposing “any discriminatory legislation...
OMAHA, Neb. (AP) — Investor Warren Buffett's fortune surged above $100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece...
OMAHA, Neb. (AP) — Billionaire Warren Buffett encouraged investors to maintain their faith in America's economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday...
OMAHA, Neb. (AP) — Investor Warren Buffett's right-hand man says the U.S. stock market is overvalued, but he doesn't know when the bubble will burst...