Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend. Berkshire’s Class A and B shares jumped more than 1.5%, each. Class A shares are … Read more
OMAHA: Warren Buffett credited his longtime partner – the late Charlie Munger – with being the architect of the Berkshire Hathaway conglomerate he’s received the credit for leading and warned shareholders in his annual letter not to listen to Wall Street pundits or financial advisors who urge them to trade often. Buffett also recounted how … Read more
Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan’s Nikkei 225 hit a record high on Thursday as robust corporate profitability and steps aimed at boosting investor returns fuel a blistering rally in Japanese equities this year. The Nikkei 225 hit 38,924.88, surpassing the previous record high … Read more
Have you ever met someone who knew the outcome of a situation before it even happened? They aren’t psychic or able to see the future. Instead, they recognize and learn from patterns, a skill that highly successful people implement, according to billionaire Michael Rubin. Rubin is the CEO and founder of sports merchandise retailer Fanatics, … Read more
Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one of the world’s richest men. Cooper Neill | Getty Images Sport | Getty Images The world’s … Read more
Jimmy Haslam, CEO of Pilot Flying J. and Warren Buffett, Chairman and CEO of Berkshire Hathaway. Lacy O’Toole | CNBC A billion-dollar trial that was to determine if Berkshire Hathaway improperly used an accounting method that would significantly short-change the Haslam family in a purchase of the family’s remaining minority stake in Pilot Travel Centers … Read more
Occidental Petroleum on Monday agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The deal is latest in a spate of consolidation in the U.S .energy sector, particularly in the Permian, the largest oil-producing region in the U.S. The transaction is expected to close in … Read more
Mark Cuban is no fan of jargon — and the billionaire is far from alone. It may be tempting to try slipping in a more complicated word when you want to impress someone, like your boss or a potential employer. But using jargon words when you could opt for something simple and clear instead, typically … Read more
The Occidental Petroleum Headquarters is seen on December 11, 2023 in The Woodlands, Texas. Brandon Bell | Getty Images News | Getty Images Berkshire Hathaway has purchased more than 10 million shares of Occidental Petroleum this week worth $588 million, signaling confidence in the oil producer’s pending acquisition of CrownRock. Warren Buffett’s Berkshire now owns … Read more
