Berkshire Hathaway Borrows From Elon Musk’s Playbook in Geico Turnaround
Berkshire’s Geico unit, the No. 3 auto insurer, has cut its head count by over 30% since the end of 2021 to about 28,000 ...
Warren Buffett hails Berkshire Hathaway's record $26.8 billion tax payment and tells the government to 'spend it wisely'
Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many" who "get ...
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Berkshire Hathaway’s operating earnings surge 71% with record cash pile
Warren Buffett’s Berkshire Hathaway (BRK.A) on Saturday reported ... a major increase in earnings,” led by car insurer Geico. Berkshire earned $9 billion in 2024 from insurance underwriting ...
Berkshire Hathaway Stock Hits New All-Time Highs, Passes Tesla: Analyst Sees More Upside Ahead
Berkshire Hathaway stock hits new all-time highs after its recent shareholder letter. An analyst raises the price target on ...
Berkshire Hathaway removes diversity and inclusion from annual report
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Buffett says Berkshire ‘will forever’ deploy most of its capital in equities and never prefer cash over good businesses
Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do ...
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Berkshire Hathaway’s re/insurance underwriting gain rises to $9bn in 2024 as firm pegs LA wildfire loss at $1.3bn
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a 66% year-on-year rise in net ...
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of ...