Latest Warren Buffett News

Tribes celebrate the end of the largest dam removal project in US history

Oct. 02, 2024 14:43 PM EDT

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

Oct. 01, 2024 12:25 PM EDT

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

Sep. 17, 2024 08:33 AM EDT

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

Sep. 16, 2024 17:26 PM EDT

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?

Sep. 16, 2024 10:29 AM EDT

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

Aug. 30, 2024 00:12 AM EDT

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%

Aug. 28, 2024 13:17 PM EDT

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...

Warren Buffett details Berkshire's Apple, Chevron and Capital One sales while also buying more Chubb

Aug. 14, 2024 18:45 PM EDT

OMAHA, Neb. (AP) — Warren Buffett offered more details Wednesday about the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter. Berkshire Hathaway still owns 400 million shares of the iPhone maker, so it...

Apple, Krystal Biotech fall; Tyson Foods, Kellanova rise, Monday, 8/5/2024

Aug. 05, 2024 16:16 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Apple Inc., down $10.59 to $209.27. Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake. Kellanova, up $10.22 to $73.20. ...

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter

Aug. 03, 2024 17:16 PM EDT

OMAHA, Neb. (AP) — Billionaire Warren Buffett slashed Berkshire Hathaway's massive Apple stake in a move that could prove unsettling for the broader stock market — both because the investor is so revered and because there had been little positive financial news lately. Just two...