Latest Warren Buffett News
Stock market today: Wall Street drifts ahead of Election Day and a manic week for markets
NEW YORK (AP) — U.S. stocks drifted lower Monday ahead of a momentous week full of potential flashpoints in Washington, D.C., and around the world. The S&P 500 slipped 0.3%, though it remains near its record set last month. The Dow Jones Industrial Average fell 257 points,...
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
OMAHA, Neb. (AP) — Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without...
Union Pacific's profit grows 9% as the railroad delivers more but results fall short of Wall Street
OMAHA, Neb. (AP) — When labor disputes disrupted operations at Canada's two largest railroads and ports up and down the East Coast, many companies shifted more of their shipments to the West Coast forcing railroads like Union Pacific and the ports there to react quickly. Union...
Tribes celebrate the end of the largest dam removal project in US history
The largest dam removal project in U.S. history was completed Wednesday, marking a major victory for tribes in the region who fought for decades to free hundreds of miles of the Klamath River near the California-Oregon border. Through protests, testimony and lawsuits, local tribes...
Warren Buffett buys rest of Berkshire Hathaway's utilities, but investors must guess at the price
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway is buying the rest of its utility unit from the estate of a longtime board member who died three years ago, but it's not clear exactly how much it will pay for that 8% stake in the massive utility business. Berkshire Hathaway...
Bill Gates calls for more aid to go to Africa and for debt relief for burdened countries
NEW YORK (AP) — The billionaire Microsoft co-founder and philanthropist Bill Gates thinks the richest governments should increase their support for African countries that have been overshadowed by development funding increasingly going toward the humanitarian response to the war in Ukraine as...
The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
OMAHA, Neb. (AP) — The next generation of Buffetts — Howard, Susie and Peter — is poised to become one of the most powerful forces in philanthropy when their 94-year-old father, the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away. ...
Giving away a fortune: What could Warren Buffett's adult children support?
OMAHA, Neb. (AP) — Warren Buffett's adult children — Susie, Howard and Peter Buffett — have long track records as philanthropists, giving away more than $15 billion of their dad's money through their foundations since 2006. But because they don’t habitually seek publicity...
Today in History: August 30, Shackelton’s Endurance crew rescued
Today is Friday, Aug. 30, the 243rd day of 2024. There are 123 days left in the year. Today in history: On Aug. 30, 1916, on his fourth attempt, explorer Ernest Shackelton successfully returned to Elephant Island in Antarctica to rescue 22 of his stranded crew...
Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%
OMAHA, Neb. (AP) — Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week. Berkshire Hathaway has steadily sold off 116 million Bank of America shares since July. But it still...
