Berkshire Hathaway (NYSE: BRKA and NYSE: BRKB) is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. Berkshire Hathaway's core business is insurance, including property and casualty insurance, reinsurance and specialty nonstandard insurance. The Company averaged an annual return in excess of 21% to its shareholders for the last 42 years while employing large amounts of capital and minimal debt.[citation needed]
Source: The Verge
Warren Buffet's Berkshire Hathaway, Inc has announced it is purchasing 26 local papers, all locals. In a letter to the publishers, Buffet said that the papers would need to focus as much as possible on local ...
Full article at: The Verge
More like this 5 hours ago
Source: New Kerala
Gupta wasn't a participant on any of the calls played for the jury Thursday at his trial for insider-trading at Manhattan federal court. Instead, Sri Lankan American Rajaratnam is heard bragging to other ...
Full article at: New Kerala
More like this 8 hours ago
Source: Webindia123
A prosecution witness revealed a jam company's secret plan code-named Project Moon as government sought to prove that as a director for Goldman Sachs and Procter ...
Full article at: Webindia123
More like this 11 hours ago
Source: Richmond Times-Dispatch
Richmond-based Media General Inc. has completed a financing deal with Berkshire Hathaway Inc. that provided the company with nearly $400 million to pay off bank debt due next year. The deal also will give Om ...
Full article at: Richmond Times-Dispatch
More like this 12 hours ago
Source: Reuters Mobile
Rajat Gupta, a former Goldman Sachs Group Inc. and Procter ...
Full article at: Reuters Mobile
More like this 12 hours ago
Source: Bloomberg.com
PacifiCorp, a Portland, Oregon-based utility and part of Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), said it must pay $131 million to USA Power LLC after a state court jury in Utah ruled it stole USA Power’s ...
Full article at: Bloomberg.com
More like this 17 hours ago, 6:20pm CDT
Source: CNBC
(Reuters) - Four former executives at Berkshire Hathaway Inc's General Re Corp and one at American International Group Inc are in talks to settle a long-running criminal case accusing them of engineering a reinsurance ...
Full article at: CNBC
More like this 18 hours ago, 5:28pm CDT
Source: Seeking Alpha
WPO) presented investors with a compelling opportunity for above average gains. Warren Buffett saw this potential as WPO is the 13th largest holding in the Berkshire Hathaway (BRK.A) (BRK.B) portfolio. The company name could almost be "Washington ...
Full article at: Seeking Alpha
More like this 18 hours ago, 5:02pm CDT
Source: Reuters
* Ex-Gen Re CEO, others had won reversal of convictions * Transaction said to inflate AIG's loss reserves * Talks on "global resolution" are ongoing May 25 (Reuters) - Four former executives at Berkshire Hathaway Inc ...
Full article at: Reuters
More like this 19 hours ago, 4:35pm CDT
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