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Tag: berkshire hathaway

Business News / world news

Berkshire takes $3.8 billion Kraft Heinz writedown, profit falls

August 4, 2025August 4, 2025 - by admin - Leave a Comment

By Elisa Warren Buffett’s Berkshire Hathaway said it took a $3.76 billion writedown on its stake in Kraft Heinz during the second quarter, an acknowledgment the decade-old investment hasn’t worked …

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Business News / news / Organisation

Buffett to sit with board members at 2026 Berkshire meeting, won’t appear on stage: report

May 19, 2025 - by admin - Leave a Comment

By Elisa Berkshire Hathaway founder and Chairman Warren Buffett is going to forego his usual stage appearance at the 2026 company shareholders’ meeting, the Omaha World-Herald reported. Buffett instead will be …

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Business News / news / Organisation / world news

Warren Buffett to step down from Berkshire Hathaway after decades at the helm of one of America’s most successful firms

May 3, 2025May 4, 2025 - by admin - Leave a Comment

By Franey Legendary investor Warren Buffett, the fifth richest person on earth with a fortune worth $162 billion, announced Saturday he will retire as CEO of Berkshire Hathaway later this …

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Business News / news / Organisation / world news

Buffett’s Berkshire Hathaway removes diversity and inclusion from annual report

February 24, 2025 - by admin - Leave a Comment

By Elisa Warren Buffett’s Berkshire Hathaway joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire’s annual report includes …

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International News / news / Organisation

Warren Buffett discusses what will happen to his massive fortune after his death and offers advice in surprise message to shareholders

December 26, 2024 - by admin - Leave a Comment

By Dumas In November, ahead of the holiday season, Berkshire Hathaway CEO Warren Buffett issued an unexpected message to shareholders, wherein he announced updates on what will happen to his massive fortune …

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Business News / news / Organisation / world news

Warren Buffett’s Berkshire Hathaway dumps nearly $1B in Bank of America shares

August 28, 2024 - by admin - Leave a Comment

By Herzlich Billionaire investor Warren Buffett’s Berkshire Hathaway sold nearly $1 billion worth of Bank of America shares as his firm continues to cut its stake in the second-largest US …

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Business News / International News / news / Organisation / world news

Warren Buffett’s Berkshire discloses surprise stake in Ulta Beauty, slices Apple

August 15, 2024 - by admin - Leave a Comment

By Elisa Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty  and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Apple. Berkshire owned about …

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International News / news / Organisation / world news

Warren Buffett donates record $5.3B Berkshire shares to these five charities

June 30, 2024July 2, 2024 - by admin - Leave a Comment

By Elisa Warren Buffett is donating another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them …

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International News / news / Organisation / world news

Court cancels Warren Buffett, Jimmy Haslam trial over stake in Pilot Travel Centers

January 8, 2024 - by admin - Leave a Comment

By Elisa An unusual, billion-dollar trial between Warren Buffett’s Berkshire Hathaway and the billionaire Haslam family was canceled by the court on Saturday, two days before it was scheduled to …

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Business News / International News / news / Organisation / world news

Berkshire Hathaway’s Charlie Munger compares crypto to ‘venereal disease’

February 18, 2022 - by admin - Leave a Comment

By Barrabi Berkshire Hathaway’s billionaire vice chairman Charlie Munger compared cryptocurrencies to a sexually transmitted disease – and added that he believes the Chinese were right to ban them. Meanwhile, …

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Business News / International News / world news

Buffett’s Berkshire will hold in-person shareholders meeting in 2022

January 26, 2022January 26, 2022 - by admin - Leave a Comment

By Elisa Warren Buffett’s company plans to hold its annual shareholders meeting that used to routinely attract more than 40,000 people in person this spring for the first time since …

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Business News / International News / world news

Berkshire executive Charlie Munger says China was ‘correct’ to ban crypto

December 4, 2021December 5, 2021 - by admin - Leave a Comment

By Wayt The current market is “even crazier than the dotcom era” and China made the right call when it banned cryptocurrencies, according to Warren Buffett’s right-hand man Charlie Munger. …

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Business News / International News / news / Organisation / world news

Shares of Buffett-backed Snowflake soar in NYSE debut

September 17, 2020 - by admin - Leave a Comment

By Alan Warren Buffett-backed Snowflake’s shares more than doubled in value in a volatile debut on the New York Stock Exchange on Wednesday, after the cloud-based data warehouse company raised …

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Business News / International News / news / Organisation / world news

Warren Buffett fields question from Bill Murray at Berkshire meeting

May 7, 2020May 6, 2020 - by admin - Leave a Comment

By Mcenery Warren Buffett took a call from comedy legend Bill Murray during Berkshire Hathaway’s virtual annual meeting on Saturday, prompting a serious discussion on income inequality. Murray, a Berkshire …

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Business News / International News / news / Organisation / Techie news / Technology / world news

Bill Gates steps down from Microsoft board

March 15, 2020March 14, 2020 - by admin - Leave a Comment

By Nicolas Microsoft Corp co-founder Bill Gates, who made the company one of the world’s most valuable technology firms, stepped down from the board on Friday to focus on philanthropic …

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Latest Business News

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Auto mobile / Business News / world news

Tesla sales sink in UK, Germany as Europeans warm to Chinese rival BYD

August 6, 2025August 6, 2025 - by admin - Leave a Comment

By Zilber Tesla sales plunged in Europe’s two biggest car markets over the past year, while low-cost Chinese rival BYD continued to race ahead – marking what industry watchers are …

Spotify to raise premium subscription price in some markets

August 5, 2025August 5, 2025

Berkshire takes $3.8 billion Kraft Heinz writedown, profit falls

August 4, 2025August 4, 2025

Uber says over 100 sexual assault accusers submitted fake receipts

August 1, 2025August 1, 2025

Apple shutters store in China for first time ever as struggles mount in second-largest market

July 30, 2025

Mark Zuckerberg expands $300M Hawaii compound by nearly 1,000 acres – stoking more controversy with locals: report

July 26, 2025July 22, 2025

Jeep and Chrysler maker Stellantis says Trump tariffs cost company $350M in first half of 2025

July 24, 2025July 22, 2025

Microsoft SharePoint server hack likely caused by single actor – and thousands of firms now vulnerable: researchers

July 22, 2025July 22, 2025

Trump, Xi may meet ahead of or during APEC summit October: report

July 21, 2025July 21, 2025

China EV brands Zeekr, Neta inflated car sales with insurance scheme

July 20, 2025July 20, 2025

Bitcoin surges to record high above $123K ahead of ‘Crypto Week’

July 15, 2025July 15, 2025

SpaceX to invest $2 billion in Elon Musk’s xAI startup: report

July 14, 2025July 14, 2025

Walmart recalls 850K water bottles after 2 people suffer ‘permanent vision loss’ from explosive lids

July 12, 2025

Ford recalls 850K vehicles over fuel pump failure that could cause engine stall

July 11, 2025July 11, 2025

Microsoft says slashing jobs and using AI helped it save $500M: report

July 10, 2025

Ex-British Prime Minister Rishi Sunak rejoins Goldman Sachs as an adviser

July 9, 2025

Tesla stock sinks after Elon Musk announces launch of ‘America Party’

July 8, 2025

TikTok building new version of app ahead of expected US sale: report

July 7, 2025

Google hit with antitrust complaint in EU over AI summaries harming web traffic to news sites: report

July 5, 2025

Google AI summaries increase frequency of ‘zero clicks’ to search results, sinking traffic to news sites: report

July 4, 2025

Latest Political News

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International News / news / Organisation / Political News / world news

Israeli negotiators head to Doha to try to seal Hamas hostage, cease-fire deal

January 12, 2025 - by admin - Leave a Comment

By Bardolf Israeli Prime Minister Benjamin Netanyahu dispatched a high-level delegation to Doha Saturday to help seal a hostage-and-cease-fire deal with Hamas, following recent progress in the talks and a …

Canadian Prime Minister Justin Trudeau expected to announce resignation after mounting calls for him to step down: report

January 6, 2025

South Korea investigators request arrest warrant for Yoon over martial law

December 30, 2024

Ukrainian leader Volodymyr Zelensky thanks ‘resolute’ Trump after meeting

December 8, 2024

Islamabad locked down ahead of protests seeking ex-PM Imran Khan’s release

November 25, 2024

Elon Musk’s SpaceX sues California agency, alleges political bias over rocket launches

October 16, 2024October 18, 2024

Elon Musk takes over ‘America’ handle on X to promote pro-Trump PAC: report

October 8, 2024October 7, 2024

Trump Media stock climbs more than 7% after poll shows ex-president beating Harris

September 10, 2024

Video game billionaire Mark Pincus calls for Biden to bow out as Dem donor support dwindles

July 13, 2024July 14, 2024

Democrats debate whether to attend Netanyahu’s congressional address amid Gaza war criticism

June 23, 2024June 24, 2024

U.S.-China relationship is on ‘more stable footing,’ Treasury Secretary Yellen claims during meeting with Premier

April 8, 2024

Israeli Prime Minister Benjamin Netanyahu to undergo hernia surgery

April 1, 2024

Canadian police warn of revolt amid rising prices, paranoia as millennials ‘unlikely’ to ever buy a home

March 29, 2024March 31, 2024

Putin gave Kim Jong Un a Russian-made car in a show of their special ties: North Korea

February 21, 2024

Belarus leader says Russian nuclear weapons shipments are completed, raising concern in the region

December 26, 2023

West African nations unite to threaten Niger’s new leaders with force if coup isn’t reversed

July 31, 2023

Trump’s $475 million ‘big lie’ defamation lawsuit against CNN dismissed

July 30, 2023July 31, 2023

Ukraine has reclaimed more than half of territory seized by Russia: US

July 24, 2023

Russia continues firing generals amid ‘purge’ by defense ministry

July 16, 2023

Blinken kicks off meetings in Beijing on high-stakes mission to cool soaring US-China tensions

June 18, 2023June 18, 2023

Automobile

Tesla sales sink in UK, Germany as Europeans warm to Chinese rival BYD

August 6, 2025August 6, 2025

Ford recalls 312K vehicles over loss of brake power that can increase crash risk

August 2, 2025August 3, 2025

Jeep and Chrysler maker Stellantis says Trump tariffs cost company $350M in first half of 2025

July 24, 2025July 22, 2025

China EV brands Zeekr, Neta inflated car sales with insurance scheme

July 20, 2025July 20, 2025

Ford recalls 850K vehicles over fuel pump failure that could cause engine stall

July 11, 2025July 11, 2025

Ford recalls nearly 200K vehicles over risk of children getting trapped in back seat

June 20, 2025

GM doubles down on American manufacturing with $4B investment

June 12, 2025

Volkswagen CEO flags ‘massive’ US investments, ‘fair’ tariff talks: report

May 31, 2025

GM joins Ford in halting exports to China as potential tariffs loom

May 20, 2025

Ford warns of $2.5B hit from Trump tariffs, suspends annual earnings forecast

May 6, 2025

Mercedes ramps up investment in America in wake of Trump’s aggressive auto tariffs

May 2, 2025

Hyundai launches tariffs task force, shifts production of popular SUV to US to avoid hefty import taxes

April 25, 2025

General Motors laying off 200 employees in Detroit EV factory as it adjusts production

April 11, 2025

Ford rolls out discounts – and Volvo, Mercedes eye upping US production as Trump’s auto tariffs rev up

April 3, 2025April 4, 2025

Chinese EV firm BYD reported $107B in annual revenue

March 25, 2025

China’s BYD says its new EV charging system works in 5-8 minutes

March 18, 2025

Auto giant recalls 177K SUVs over risk of fire, faulty part installation

March 8, 2025March 8, 2025

Tesla market value tumbles below $1T as Europe sales plummet, concerns grow about Musk

February 26, 2025

Nissan could move some production out of Mexico amid Trump tariff talks: CEO

February 18, 2025

Auto giants Honda, Nissan and Mitsubishi drop merger talks

February 14, 2025February 14, 2025

POLITICAL

Israeli negotiators head to Doha to try to seal Hamas hostage, cease-fire deal

January 12, 2025

Canadian Prime Minister Justin Trudeau expected to announce resignation after mounting calls for him to step down: report

January 6, 2025

South Korea investigators request arrest warrant for Yoon over martial law

December 30, 2024

Ukrainian leader Volodymyr Zelensky thanks ‘resolute’ Trump after meeting

December 8, 2024

Islamabad locked down ahead of protests seeking ex-PM Imran Khan’s release

November 25, 2024

Elon Musk’s SpaceX sues California agency, alleges political bias over rocket launches

October 16, 2024October 18, 2024

Elon Musk takes over ‘America’ handle on X to promote pro-Trump PAC: report

October 8, 2024October 7, 2024

Trump Media stock climbs more than 7% after poll shows ex-president beating Harris

September 10, 2024

Video game billionaire Mark Pincus calls for Biden to bow out as Dem donor support dwindles

July 13, 2024July 14, 2024

Democrats debate whether to attend Netanyahu’s congressional address amid Gaza war criticism

June 23, 2024June 24, 2024

U.S.-China relationship is on ‘more stable footing,’ Treasury Secretary Yellen claims during meeting with Premier

April 8, 2024

Israeli Prime Minister Benjamin Netanyahu to undergo hernia surgery

April 1, 2024

Canadian police warn of revolt amid rising prices, paranoia as millennials ‘unlikely’ to ever buy a home

March 29, 2024March 31, 2024

Putin gave Kim Jong Un a Russian-made car in a show of their special ties: North Korea

February 21, 2024

Belarus leader says Russian nuclear weapons shipments are completed, raising concern in the region

December 26, 2023

West African nations unite to threaten Niger’s new leaders with force if coup isn’t reversed

July 31, 2023

Trump’s $475 million ‘big lie’ defamation lawsuit against CNN dismissed

July 30, 2023July 31, 2023

Ukraine has reclaimed more than half of territory seized by Russia: US

July 24, 2023

Russia continues firing generals amid ‘purge’ by defense ministry

July 16, 2023

Blinken kicks off meetings in Beijing on high-stakes mission to cool soaring US-China tensions

June 18, 2023June 18, 2023

ORGANIZATION

California’s $20 minimum wage hike cost state 18,000 jobs, study shows

July 27, 2025July 27, 2025

Microsoft SharePoint server hack likely caused by single actor – and thousands of firms now vulnerable: researchers

July 22, 2025July 22, 2025

Walmart recalls 850K water bottles after 2 people suffer ‘permanent vision loss’ from explosive lids

July 12, 2025

Ford recalls 850K vehicles over fuel pump failure that could cause engine stall

July 11, 2025July 11, 2025

Microsoft says slashing jobs and using AI helped it save $500M: report

July 10, 2025

Ex-British Prime Minister Rishi Sunak rejoins Goldman Sachs as an adviser

July 9, 2025

Google AI summaries increase frequency of ‘zero clicks’ to search results, sinking traffic to news sites: report

July 4, 2025

Vietnam Airlines suspends 4 pilots after Boeing jet collides with parked Airbus on runway, slicing through tail fin

June 29, 2025

Saks secures $600M in financing deal with bondholders: report

June 28, 2025June 28, 2025

Nike warns of whopping $1B hit from tariffs – but shares jump on upbeat sales forecast

June 27, 2025June 28, 2025

UK regulators may force Google to open search engine to more competition as AI threat grows

June 25, 2025June 25, 2025

Amazon-backed Anthropic wins key ruling in AI lawsuit filed by authors

June 24, 2025June 25, 2025

Apple sued by shareholders, accused of lying about AI progress – causing iPhone sales, stock to slump

June 21, 2025

Feds issue urgent warning over risk of Boeing 737 MAX engines leaking smoke into cabin, cockpit

June 19, 2025

Southwest adds cockpit safety alerts across nearly entire fleet of 800 planes

June 17, 2025

Boeing slightly trims projection for 20-year jet demand

June 16, 2025

Ex-hedge fund manager hit with insider trading charges again – 3 years after feds forced to drop case

June 14, 2025

Google expands voluntary buyout offers, orders some remote workers to return to office amid AI race

June 13, 2025June 12, 2025

GM doubles down on American manufacturing with $4B investment

June 12, 2025

News outlets in crisis mode as Google-led AI search push crushes website traffic

June 11, 2025June 11, 2025

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