Stay updated with breaking news from Jonathan Stempel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Warren Buffett left no doubt: He misses Charlie Munger, and so will Berkshire Hathaway's shareholders. Buffett on Saturday devoted a special section of his annual shareholder letter to...
Warren Buffett's Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with its insurance business benefiting from improved underwriting and higher income from investments as interest rates rose. Net income also reached a record $96.2 billion, as the rising stock market boosted the value of Berkshire's $354 billion equity portfolio, half of which is in Apple. In his annual letter to Berkshire shareholders, Buffett said Berkshire's insurance businesses performed "exceptionally well" -- among them, Geico, where better underwriting qu...
Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime...
Former longtime National Rifle Association chief Wayne LaPierre mismanaged the gun rights group and cost it millions of dollars through wasteful spending to support a lavish lifestyle, a jury found on Friday, recommending that he repay $4.35 million.
Berkshire Hathaway , the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last month for the 20% of the Pilot Travel Centers truck stop business it did not already own,...