Investment firm 3G Capital acquires Skechers
May 5 (UPI) -- Footwear giant Skechers, the world's third-largest footwear company, announced Monday it had reached a deal to be bought out by the…
Warren Buffett to stay as chair of Barkshire Hathaway; Greg Abel voted in as president, CEO
May 5 (UPI) -- The board of Berkshire Hathaway voted to keep Warren Buffett as its chairman and appointed a new company president and CEO.…
Warren Buffet talks economy, tariffs at annual Berkshire Hathaway shareholder meeting
May 3 (UPI) -- Warren Buffett shared his thoughts on everything from Donald Trump's tariffs to the state of the economy Saturday, while also taking…
Warren Buffett explains boost in cash for Berkshire Hathaway in annual letter
Warren Buffett speaks at the White House Women Summit in Washington, D.C. on June 14, 2016. File photo by Molly Riley/UPI | License Photo Feb.…
Warren Buffett’s Berkshire Hathaway holding record $325B in cash ahead of election
1 of 4 | Berkshire Hathaway now has a record $325.2 billion cash on hand, the holding company announced after filing third-quarter earnings Saturday. File…
Berkshire Hathaway becomes 9th company to hit $1 trillion capitalization
Warren Buffett's Berkshire Hathaway Wednesday became the 9th company in the world to surpass $1 trillion capitalization. Buffett's company had a record $277 billion in…
European Union proposes reduced tariffs on Tesla, Chinese-made EVs
The European Union on Tuesday introduced a draft proposal that would reduce the anticipated tariffs on several Chinese electric vehicle firms along with Tesla vehicles…
U.S. recession fears roil Asian, European stock markets
A passing pedestrian is reflected in the windows of the Australian Securities Exchange in Sydney on Monday. The bourse's ASX 200 index fell by 3.7%,…
Warren Buffett's Berkshire Hathaway slashes Apple stake by nearly hal
Billionaire investor Warren Buffett's Berkshire Hathaway has slashed its stake in Apple by nearly 50%, according to financial documents filed Saturday after technology stocks across…
Warren Buffett-led Berkshire Hathaway posts record $189B in cash reserves
Berkshire Hathaway reported record cash reserves of $189 billion during the first quarter of 2024. File Photo by John Angelillo/UPI | License Photo May 4…