The conglomerate’s results reflected the turmoil in financial markets and the broader slowdown in U.S. economic growth.
Charles Munger, Warren Buffett’s business partner, said the windowless rooms of an 11-story tower he conceived for the University of California, Santa Barbara, were “cheerful.”
Mr. Buffett, a longtime friend of Mr. Gates, did not give a reason for his action, which comes weeks after the couple announced their divorce.
Many who have struggled to keep up with mortgage payments are at the whims of a few financing firms that dominate lending in this market.
A race is on to produce lithium in the United States, but competing projects are taking very different approaches to extracting the vital raw material. Some might not be very green.
The split of Bill and Melinda Gates raises questions about the fate of their vast fortune.
The company reported a nearly 19 percent year-on-year gain in the first quarter, as its subsidiaries — from railroads to energy companies to consumer brands — improved their performances.
The Berkshire chief opposes shareholder proposals on climate and diversity.
Berkshire Hathaway’s shareholders are expected to follow the chairman’s lead and reject demands for more disclosures.
Jamie Dimon of JPMorgan Chase and LeBron James are the latest to get entangled in the debate.
But its results were bolstered by a soaring stock market in the fourth quarter, Warren Buffett said in his annual letter to investors.
The company, Haven, had promised to disrupt the way large corporations deliver benefits to their employees.
The economist taught a generation of corporate leaders that profit should be their main motive. A new group of C.E.O.s begs to differ.
Berkshire reported earnings of $26.4 billion in the second quarter, a turnaround from its $49.7 billion loss in the first quarter, when the pandemic caused a plunge in the stock market.
Her younger brother, Warren, entrusted her with vetting requests after he announced his intention to donate nearly his entire fortune. “Warren loves to make money and I love to give it away,” she said.
The acquisition of a gas pipeline is Berkshire Hathaway’s largest in years, quelling investor anxiety about its recent drought of deal-making.
The natural gas project would have crossed the Appalachian Trail. Dominion Energy, one of the pipeline’s two partners, also announced the sale of its gas transmission and storage assets.
A unit of Warren Buffett’s empire paid an inflated price for a pipe maker that used fake sales to look profitable, an arbitration panel concluded. The firm was close to bankruptcy.
Unlike his spending spree during the 2008 financial crisis, the Berkshire Hathaway chief is keeping his wallet closed.
Between the lines of “You can bet on America” were warnings not to be overconfident in predicting what the future might hold.
The huge loss reflects the hit that the crisis has inflicted on Warren E. Buffett’s vast conglomerate.