Warren Buffett’s Berkshire Hathaway suffered a 10% slump in operating income last quarter, as the coronavirus pandemic hammered many of its businesses. It also sold the most shares in at least a decade, repurchased a record amount of its own stock, took an almost $US10 billion impairment charge on Precision […]
Warren Buffett’s Berkshire Hathaway hasn’t closed a major takeover since 2016, and the holding company’s ammunition for such a deal is building up. Berkshire has $US137 billion to deploy for its next deal, and precedent shows Buffett shelling out tens of billions of dollars for his biggest acquisitions. Here are […]
Warren Buffett’s conglomerate Berkshire Hathaway owns a variety of companies. Some of its units have been able to adapt to the coronavirus pandemic, but others have been hit by store closures and furloughs resulting from social-distancing measures. Here’s how some of Berkshire Hathaway’s companies are faring amid the coronavirus pandemic. […]
Hedge fund manager Barry Rosenstein's Jana...