Berkshire’s Geico unit, the No. 3 auto insurer, has cut its head count by over 30% since the end of 2021 to about 28,000 employees
Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many" who "get the short straws in life."
Berkshire Hathaway reported fourth-quarter results on Saturday. The company’s Class A shares popped more than 25% in 2024.
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.
Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do with all that money. But in his annual letter to the conglomerate's shareholders, he reaffirmed his desire to invest in businesses ...
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a 66% year-on-year rise in net underwriting earnings for its