Latest Berkshire Hathaway Inc News

FILE - This July 31, 2019, file photo, shows the Federal Reserve logo ahead of the start of a scheduled news conference by Chairman Jerome Powell in Washington. The Federal Reserve says it purchased $1.3 billion in corporate bonds in late June 2020 as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds. (AP Photo/Manuel Balce Ceneta, File)

Fed buys more corporate bonds but may soon end purchases

Jul. 10, 2020 7:55 PM EDT

WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds. The Fed bought bonds issued by several hundred large companies, including AT&T,...

Buffett makes annual donations worth $2.9B to 5 charities

Jul. 8, 2020 5:35 PM EDT

OMAHA, Neb. (AP) — Billionaire Warren Buffett has given away another $2.9 billion of his Berkshire Hathaway stock to five foundations as part of his plan to gradually give away his fortune. Buffett disclosed the annual gifts Wednesday. The biggest donation went to the Bill & Melinda Gates Foundation....

Editorial Roundup: West Virginia

Jul. 8, 2020 4:51 PM EDT

Recent editorials from West Virginia newspapers: ___ July 8 Bluefield Daily Telegraph on West Virginia's mask mandate: Masks are now considered mandatory in both West Virginia and Virginia. Like it or not, facial coverings are one of the best tools we currently have to slow the surge in new coronavirus cases...