Latest Warren Buffett News

Warren Buffett has left the table. Homeless charity asks investors to bid on meal with software CEO

Apr. 09, 2024 19:29 PM EDT

The California homeless charity that received $53 million over the years from investors who wanted a private lunch with billionaire Warren Buffett has found a new business executive to auction off a meal with. The Glide Foundation said Tuesday that it will hold an auction on eBay...

Asbestos victims in Montana want Buffett's railroad company held responsible

Apr. 08, 2024 20:50 PM EDT

HELENA, Mont. (AP) — An attorney for two people who died of a rare lung cancer argued on Monday for a jury to hold BNSF Railway responsible for pollution in a small Montana town near the U.S.-Canada border where thousands of people were exposed to toxic asbestos dust. The railroad...

Victims of Montana asbestos pollution that killed hundreds take Warren Buffett's railroad to court

Apr. 07, 2024 13:12 PM EDT

LIBBY, Mont. (AP) — Paul Resch remembers playing baseball as a kid on a field constructed from asbestos-tainted vermiculite, mere yards from railroad tracks where trains kicked up clouds of dust as they hauled the contaminated material from a mountaintop mine through the northwestern Montana town...

Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service

Mar. 01, 2024 17:19 PM EST

OMAHA, Neb. (AP) — The latest rail layoffs this week, combined with an investment fund's ongoing campaign for control of Norfolk Southern, are renewing concerns among unions and regulators about the effects all the cuts might have on safety and service. The worries about the lean...

Stock market today: Wall Street edges back from its record heights

Feb. 27, 2024 00:07 AM EST

BANGKOK (AP) — Asian shares retreated on Tuesday after U.S. stocks edged back from their record heights. Most regional markets fell, while Shanghai advanced. U.S. futures and oil prices were little changed. Traders are growing cautious after the New Year's rally...

US government may sue PacifiCorp, a Warren Buffett utility, for nearly $1B in wildfire costs

Feb. 26, 2024 18:11 PM EST

The U.S. government is threatening to sue PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway, to recover nearly $1 billion in costs related to the 2020 wildfires in southern Oregon and northern California, though the company is trying to negotiate a settlement. The...

Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes

Feb. 24, 2024 21:28 PM EST

OMAHA, Neb. (AP) — Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he has received the credit for leading and warned shareholders in his annual letter Saturday not to listen to Wall Street pundits or...

A collection of the insights Warren Buffett offered in his annual letter Saturday

Feb. 24, 2024 15:06 PM EST

Billionaire Warren Buffett is known as one of the world's greatest investors, and the 93-year-old has a devout following of people who admire his track record and appreciate his sage advice on life and investing. Buffett's latest annual letter to Berkshire Hathaway shareholders...

Plush wars? Squishmallows toy maker and Build-A-Bear sue each other over 'copycat' accusations

Feb. 14, 2024 01:23 AM EST

NEW YORK (AP) — It turns out there are lots of sharp elbows in the plush toy business. Build-A-Bear and the makers of Squishmallows are facing off in federal court. Kelly Toys and its Berkshire Hathaway -controlled parent company Jazwares have sued Build-A-Bear, saying its new...

Bill & Melinda Gates Foundation CEO calls for billionaires to give away more and soon

Jan. 25, 2024 00:06 AM EST

The CEO of the Bill & Melinda Gates Foundation has a message: Hey billionaires, give away more of your money to address inequality and do it soon. Mark Suzman made the call in his annual letter released Thursday that led with the story of Chuck Feeney, a billionaire whose...