Latest Berkshire Hathaway Inc News

Twilio, Dillard's rise; PG&E, Occidental Petroleum fall

Oct. 12, 2020 4:27 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: Twilio Inc., up $23.48 to $329.72. The tech company will buy customer data start-up Segment for $3.2 billion as demand for cloud computing surges. Amazon.com Inc., up $156.28 to $3,442.93. The giant retailer is holding its annual...

Pro-oil Alaska governor also backs renewable energy ideas

Sep. 23, 2020 9:03 AM EDT

ANCHORAGE, Alaska (AP) — While Alaska's Republican governor continues promoting the oil industry underpinning the state's economy, he also has expressed interest in renewable energy projects. Gov. Mike Dunleavy said improvements in technology and decreasing costs of renewable power “open up some...

A banner for Utz Brands, which is listed at the New York Stock Exchange, hangs on the exterior of the building, Monday, Aug. 31, 2020, in New York. The Hanover, Pa. based company is known for its potato chips and snack foods. (AP Photo/Mark Lennihan)

Asian shares edge lower following Wall St retreat

Sep. 1, 2020 12:38 AM EDT

TOKYO (AP) — Major Asian share indexes edged lower Tuesday in mostly muted trading after a retreat overnight on Wall Street. Australia’s benchmark led the decline, falling more than 2% Tuesday ahead of a Reserve Bank of Australia decision that is expected to keep interest rates unchanged. Newly...

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway said Monday, Aug. 31, 2020, it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment. Share prices of the five huge companies surged between 4% to 9.5% on Monday in Tokyo after the company announced the investment. (AP Photo/Nati Harnik, File)

Berkshire Hathaway takes stakes in Japanese trading houses

Aug. 31, 2020 1:07 PM EDT

TOKYO (AP) — Billionaire investor Warren Buffett’s Berkshire Hathaway said Monday it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment. Share prices of the five huge companies surged between 4% to 9.5% on Monday in Tokyo after the...

A man walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 31, 2019. Asian stock markets have risen after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady. (AP Photo/Vincent Yu)

Asian stocks fall back after Wall Street advances to record

Aug. 31, 2020 3:32 AM EDT

BEIJING (AP) — Asian stock markets gave up early gains Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady. The Shanghai Composite Index rose 0.8% to 3,428.07 after a survey showed growth in manufacturing held steady in August at the...