Berkshire Hathaway is an American multinational conglomerate holding company with businesses and investments spanning insurance, rail transportation, utilities, manufacturing, and retail.
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Berkshire Hathaway has made a surprise $351.7 million investment in The New York Times, marking Warren Buffett’s return to media ownership after once calling the newspaper business “toast.”
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Warren Buffett said he will ask Berkshire Hathaway’s board to make Greg Abel the company’s CEO at the end of the year.
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Warren Buffett said Berkshire Hathaway will have new leadership at the end of the year and warned that the U.S. should not use trade as a weapon.
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Bonds are regaining favor as Treasury yields cool and investors, including Warren Buffett and Berkshire Hathaway, move back into fixed income.
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