Warren Buffett is not one to talk much about his personal life in public, but his prostate cancer may dominate the conversation this weekend when his conglomerate Berkshire Hathaway convenes its annual shareholder meeting. The event dubbed “Woodstock for Capitalism” …
Warren Buffett, CEO of Berkshire Hathaway Inc., revealed Tuesday that he has Stage 1 prostate cancer but assured his condition is not “remotely life-threatening or even debilitating in any meaningful way.” In a letter to shareholders, the world’s third-richest man …
Berkshire Hathaway won dismissal on Monday of a shareholder lawsuit that stemmed from allegations former executive David Sokol profited by violating the company’s insider trading policy. Shareholders sued the conglomerate’s board for refusing to take legal action against Sokol, a …
Anyone looking for more evidence of a strengthening U.S. economic recovery need only consider conglomerate Berkshire Hathaway, where businesses ranging from railroads and electric utilities to furniture and candy stores are racking up record profits. Even though Berkshire’s Warren Buffett …
Medical Protective Co. (MedPro), a medical professional liability insurance unit of Berkshire Hathaway, announced this week the completion of its acquisition of Princeton Insurance Co. Princeton Insurance is a New Jersey-based professional liability insurer for healthcare providers. It employs over …
General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc, is interested in buying South Korea’s Tong Yang Life Insurance to tap into the promising market, South Korean media reported on Wednesday. Tong Yang’s majority stakeholder Vogo Fund is seeking …
Billionaire investor Warren Buffett said Europe’s debt crisis had shown up a “major flaw” in the 17-member euro zone system and it would take more than words to fix it. “There is a major flaw in the euro system … …
Warren Buffett’s conglomerate Berkshire Hathaway Inc. reported a smaller third-quarter profit Friday after losing more than $2 billion on derivatives related to stock market performance. That was nearly three times what Berkshire lost on the same instruments a year ago. …
Warren Buffett should come to Europe to tap regional champions at knock-down valuations, including in his favored sectors, Cheuvreux analysts said in an open ‘letter’ to the billionaire U.S. investor detailing their seven top picks. The firm, CA Cheuvreux, a …
Berkshire Hathaway’s medical professional liability insurance unit, Medical Protective Co., is purchasing New Jersey-based Princeton Insurance Co., a professional liability insurer for healthcare providers. Princeton Insurance was previously owned by Medical Liability Mutual Insurance Co., a New York-based professional liability …
