Berkshire Hathaway’s new CEO Greg Abel started the week by inking a deal to acquire homebuilder Taylor Morrison for $6.8 billion, and he's followed that up on with a $10 billion investment in Google's parent company.
The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders in the years ahead.
Someone paid more than $9 million to have lunch with basketball player Stephen Curry and Warren Buffett, and the legendary investor also promised to match the winning bid so both their favorite charities will benefit.
Berkshire Hathaway’s new CEO Greg Abel opened the first annual meeting without Warren Buffett on stage Saturday.
The Gates Foundation confirmed Wednesday that it is reviewing its ties to convicted sex offender Jeffrey Epstein.
Some college basketball fans are hoping for more than national titles at the NCAA Final Four.
Berkshire Hathaway is buying back shares for the first time in nearly two years, and new CEO Greg Abel said he has no immediate plans to sell off Kraft Heinz shares now that the packaged food giant has shelved its plan to split the company into two.
Greg Abel paid tribute to his predecessor Warren Buffett while promising in his first shareholder letter that Berkshire Hathaway won't retreat from investing or make significant changes in the way it operates.
A federal appeals court has overturned a judge’s finding that BNSF Railway contributed to the deaths of two people in a Montana mining town where thousands have been sickened by asbestos exposure.
PacifiCorp has agreed to pay $575 million to resolve the federal government's claims for damages stemming from six wildfires in Oregon and California.
Six years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for the industry, Berkshire disclosed a new $350 million investment in The New York Times on Tuesday.
The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings.
Lee Enterprises has announced a compromise with the billionaire investor who tried to take over the nation's third-largest newspaper chain this year.
Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett this week.
The proposed $85 billion merger of the Union Pacific and Norfolk Southern railroads has lost the support of two unions that represent more than half their workers.
Incoming Berkshire Hathaway CEO Greg Abel is assembling his team to help him lead the conglomerate Warren Buffett built starting in January after a couple of key departures.
The U.S. stock market tumbled to one of its worst days since its springtime sell-off.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up with the 95-year-old icon, but he reassured them that he remains confident in his successor.
Warren Buffett’s company’s profits improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway continues to prepare for the legendary 95-year-old investor to relinquish the CEO title in January.
UnitedHealth has returned to better-than-expected growth after starting the year swamped by medical costs and withdrawing its forecast for 2025.
Less than two weeks from Election Day, a potentially decisive edge in California's fight over new U.S. House districts has emerged: advertising.
Berkshire Hathaway is buying Occidental Petroleum’s chemical division for $9.7 billion in what may be one of the last big deals of Warren Buffett.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet.
The prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said they weren't interested in a deal.
Shares of UnitedHealth Group are surging before the market open Friday as Warren Buffett’s Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer.
Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz as that iconic food producer considers largely undoing the merger that Berkshire Hathaway helped bankroll.
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
Billionaire Warren Buffett plans to attend, but not take questions, at next year’s Berkshire Hathaway shareholder meeting — a big change following his recent surprise retirement announcement.
Melinda French Gates says she and her ex-husband, Bill Gates, always intended for the foundation they started together to spend down all of its resources rather than to exist in perpetuity.
In its first 25 years, the Gates Foundation became one of the world’s largest charitable foundations and one of the most powerful institutions in global health.
Billionaire Warren Buffett will remain chairman of Berkshire Hathaway after Greg Abel takes over as CEO at the start of the new year.
Billionaire investor Warren Buffett says he wants to step down as chief executive of Berkshire Hathaway at the end of the year.
When Warren Buffett announced at his annual shareholder meeting that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants.
Warren Buffett shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year.
Warren Buffett's company reported just over one-third of last year's profit Saturday a few hours before he announced plans to retire as Berkshire Hathaway's CEO at the end of the year.
U_S_ stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”.
For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes, according to the Chronicle of Philanthropy’s exclusive Philanthropy 50 list of the Americans who donated the largest sums to nonprofits last year.
The Consumer Finance Protection Bureau has dropped several enforcement actions against companies like Capital One and Rocket Homes, just weeks under new leadership and turmoil at the agency caused by orders from Trump administration.
Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs.
Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons.
Warren Buffett is celebrating the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate.
Netflix co-founder Reed Hastings and former New York City mayor Michael Bloomberg made the largest contributions in 2024, and financial aid, especially for medical students, got most of the money.
Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death.
Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions.
The billionaire Microsoft co-founder and philanthropist Bill Gates thinks the richest governments should increase their support for African countries.
When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy.
Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.
Warren Buffett has offered more details about all the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter.
Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market because the investor is so revered and there had been little positive financial news lately.
A technical issue caused the temporary halt for dozens of stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%.
The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week.
This year’s Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone.
Shareholder proposals are usually uneventful at Berkshire Hathaway’s annual meeting, but Warren Buffett and the company are now facing a lawsuit over the way one presenter was treated last year.
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide.
BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline.
BNSF Railway attorneys told Montana that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town.
An attorney for two people who died of a rare lung cancer is urging a jury to hold BNSF Railway responsible for pollution in a small Montana town near the U.S.-Canada border.
It's been almost 25 years since federal authorities, responding to news reports of deaths and illnesses, descended on the small northwestern Montana town of Libby to clean it up.
The latest rail layoffs this week, combined with an investment fund's ongoing campaign for control of Norfolk Southern, are renewing concerns among unions and regulators about all the cuts hurting safety and service.
Billionaire Warren Buffett is known as one of the world’s greatest investors, and the 93-year-old has a devout following of people who admire his track record and appreciate his sage advice on life and investing.
Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he’s received the credit for leading and warned shareholders in his annual letter not to listen to Wall Street pundits or financial advisers who urge them to trade often.
The anti-poverty organization Oxfam International says the world could have its first trillionaire within a decade.
The clock is ticking for Cleveland Browns owner Jimmy Haslam and his family to decide whether to sell their remaining stake in the Pilot truck stop chain to fellow billionaire Warren Buffet's Berkshire Hathaway company.
Investment guru Warren Buffett topped The Chronicle of Philanthropy's annual list of the biggest charitable donations in 2023, with his $541.5 million gift to the Susan Thompson Buffett Foundation, named for his first wife, who died in 2004.
A Delaware judge says Warren Buffett’s Berkshire Hathaway will not be allowed to use allegations that billionaire Jimmy Haslam tried to bribe employees at the Pilot truck stop chain as Berkshire defends itself in a trial over Pilot’s accounting practices.
An attorney for the billionaire Haslam family has called the bribery allegations from Warren Buffett’s company a “wild invention."
Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake in the company.
Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died.
Warren Buffett's company has reported a $12.8 billion loss as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well.
The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family’s remaining 20% stake in the Pilot Travel Centers truck stop company after paying nearly $11 billion since 2017 for the first 80% it bought.
Investor Warren Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway's purchases of Occidental Petroleum stock for the first time in four months.
Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past.
Warren Buffett’s company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton’s stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. Berkshire revealed those new investments Monday in a quarterly filing with the Securities and Exchange Commission that shows the conglomerate’s holdings as of the end of June.
Roughly 7,500 BNSF train engineers may get up to eight days of paid sick time and more predictable schedules if they approve a deal with the railroad announced Tuesday.
Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer.
After 17 years of steady payments, Warren Buffett has to date given annual donations totaling $50.7 billion toward his historic multibillion-dollar pledges to the Bill & Melinda Gates Foundation and to four foundations connected to his family, according to a Chronicle tally.
Billionaire Warren Buffett's company increased its investments in five major Japanese trading houses for the second time this year to give Berkshire Hathaway control of 8.5% of each of those conglomerates.
A jury in Oregon has found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it liable for broader damages that could push the total award well into the billions.
Investor Warren Buffett recommitted to Bank of America during the first quarter while dumping two other bank stocks as part of a number of moves in Berkshire Hathaway's portfolio.