Berkshire Hathaway

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Berkshire Hathaway - Total results - 48
Warren Buffett's Berkshire posts nearly $50 billion loss hit by coronavirus; says made 'a mistake' investing in airline sector stocks
Business

Warren Buffett's Berkshire posts nearly $50 billion loss hit by coronavirus; says made 'a mistake' investing in airline sector stocks

Berkshire's stock price has fallen 1% in 2020, compared with a 12% drop in the Standard & Poor’s 500, despite Warren Buffett’s prediction that Berkshire would outperform in down markets.

Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks despite threat of pandemic
Business

Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks despite threat of pandemic

Buffett said investors with a 10-to 20-year time horizon and focused on companies' earnings power will fare well in stocks, and that the outbreak has "not changed" his long-term outlook

Paytm is looking at raising another round of $1 bn; former UK PM David Cameron may also invest
Business

Paytm is looking at raising another round of $1 bn; former UK PM David Cameron may also invest

Paytm had earlier this week announced a $1 billion (around Rs 7,173 crore) fund raise led by US-based asset management firm T Rowe Price

Apple shares sink on weak iPhone demand; a wish come true for Warren Buffett
Business

Apple shares sink on weak iPhone demand; a wish come true for Warren Buffett

Apple’s warning on Wednesday about weak iPhone demand in the holiday quarter due to slower sales in China sent its stock down 7.5 percent during after-hours trading. Class B shares of Buffett’s Berkshire Hathaway Inc traded down 2 percent in the same session on Wall Street.

Kotak Mahindra Bank shares climb 14% on reports of Berkshire Hathaway stake buy
Business

Kotak Mahindra Bank shares climb 14% on reports of Berkshire Hathaway stake buy

Berkshire Hathaway may invest between $4 billion and $6 billion in the lender by buying promoter stake or through a preferential allotment.

Warren Buffett's Berkshire Hathaway invests $300 mn in Paytm; to hold 2.9% in Indian firm
Business

Warren Buffett's Berkshire Hathaway invests $300 mn in Paytm; to hold 2.9% in Indian firm

Earlier this month, reports said Warren Buffett's Berkshire Hathaway was set to invest about $300-350 million in Indian digital payments major Paytm, according to sources

Paytm bets on local expertise to fend off rivals, aims to increase offline merchants to 15 million by March 2019
Business

Paytm bets on local expertise to fend off rivals, aims to increase offline merchants to 15 million by March 2019

Paytm is transforming into a financial services start-up with forays in banking, mutual funds and later insurance.

Paytm CEO Vijay Shekhar Sharma says Berkshire Hathaway wants digital payments firm to build $100-billion company
Business

Paytm CEO Vijay Shekhar Sharma says Berkshire Hathaway wants digital payments firm to build $100-billion company

Paytm, India’s leading digital payments platform, is operating in a highly competitive market that is expected to grow five-fold to $1 trillion by 2023.

Warren Buffett's Berkshire Hathaway picks up Rs 2,500 crore stake in Vijay Shekhar Sharma's Paytm
Business

Warren Buffett's Berkshire Hathaway picks up Rs 2,500 crore stake in Vijay Shekhar Sharma's Paytm

Warren Buffett's Berkshire Hathaway Inc was in talks to invest about Rs 2,000-2,500 crore in Vijay Shekhar Sharma's Paytm, news reports said earlier.

Warren Buffett set to invest over Rs 2,000 cr in Vijay Shekhar Sharma's Paytm: Reports
Business

Warren Buffett set to invest over Rs 2,000 cr in Vijay Shekhar Sharma's Paytm: Reports

Berkshire’s investment could be clinched in the coming weeks, valuing Paytm at over $10 billion, reports said

Warren Buffett makes largest contribution, donates $3.4 billion to Bill Gates' and family charities
Business

Warren Buffett makes largest contribution, donates $3.4 billion to Bill Gates' and family charities

Warren Buffett still owns roughly one-sixth of Berkshire, the Omaha, Nebraska-based conglomerate he has run since 1965, despite giving away 43 percent of the shares he owned in 2006.

Amazon CEO Jeff Bezos' net worth crosses $150 billion, becomes richest person in modern history
Business

Amazon CEO Jeff Bezos' net worth crosses $150 billion, becomes richest person in modern history

Jeff Bezos’ net worth is $55 billion more than that of Microsoft co-founder Bill Gates

No such thing as a free lunch: Private charity lunch with business magnate Warren Buffett sold for over $3.3 million
World

No such thing as a free lunch: Private charity lunch with business magnate Warren Buffett sold for over $3.3 million

Anonymous bidder offered more than $3.3 million for a private lunch with Warren Buffett to pick the brains of the renowned investor and philanthropist

Warren Buffett says stocks remain best investment option; not bonds and especially not bitcoin
World

Warren Buffett says stocks remain best investment option; not bonds and especially not bitcoin

Buffett said he doesn't think the stock market is overpriced compared with other options even though he's had trouble finding entire businesses to buy at reasonable prices.

Cybersecurity risks will get worse in the years to come, says Berkshire Hathaway CEO Warren Buffet
News & Analysis

Cybersecurity risks will get worse in the years to come, says Berkshire Hathaway CEO Warren Buffet

Warren Buffet said he believed that cybersecurity incidents would rise and with it the potential to significantly harm the insurance industry

Amazon Q1 results buck expectations with huge profits, optimistic outlook; Prime membership fees hiked in US
Business

Amazon Q1 results buck expectations with huge profits, optimistic outlook; Prime membership fees hiked in US

Revenue from third-party sellers paying to promote their products on Amazon.com was an unusually large bright spot during the quarter.

India-born Ajit Jain appointed as Berkshire Hathaway VC: Here's all you need to know about Warren Buffett's potential successor
Business

India-born Ajit Jain appointed as Berkshire Hathaway VC: Here's all you need to know about Warren Buffett's potential successor

Warren Buffett appointed India-born Ajit Jain as the new vice chairman of Berkshire Hathway's insurance business and elevated him as a director in the company's 14-member board

Warren Buffett's successors emerge as Berkshire Hathaway promotes Gregory Abel and Ajit Jain
Business

Warren Buffett's successors emerge as Berkshire Hathaway promotes Gregory Abel and Ajit Jain

Buffett called Abel’s and Jain’s new roles “part of the movement toward succession” at Berkshire.

Yahoo owes $5.5 million for backing out of NCAA men's basketball tournament deal in 2014, says court
News & Analysis

Yahoo owes $5.5 million for backing out of NCAA men's basketball tournament deal in 2014, says court

US Circuit Court of Appeals in New Orleans said SCA Promotions Inc was entitled to half of its $11 million contract with Yahoo as a cancellation penalty.

Billionaire Warren Buffett becomes face of Coca-Cola in China
World

Billionaire Warren Buffett becomes face of Coca-Cola in China

The likeness of billionaire Warren Buffett is gracing Cherry Coke cans in China, where Coca-Cola's largest investor enjoys a legendary reputation.