Page 18 - Greg Abel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.

The first quarter of 2024 was a good one for Wall Street. Markets have since soured as interest rate cuts have receded but there’s more to it than that.

Many Berkshire Hathaway shareholders left last weekend's annual meeting pondering Warren Buffett's big revelation about succession.

Monday's edition of Forbes Daily covers Warren Buffett's words to shareholders, the unregulated world of mushroom edibles and a look at political activism in the office.

"We're not going to throw good money after bad," the Berkshire Hathaway CEO said, as subsidiary PacifiCorp faces $8 billion in lawsuits.