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Berkshire Hathaway Inc.

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Top Berkshire Hathaway Inc. Articles

Displaying items 34-44
  • Warren Buffett offers $1 billion for a perfect March Madness bracket

    Think you can guess the winners of all 67 games in this spring's NCAA men's basketball tournament? Warren Buffett is betting a fortune that you can't. In what may be the largest sports bet in history, Buffett's Berkshire Hathaway Inc. will pay $1...
  • Bobby Shriver, touting Kennedy lineage, joins supervisor's race

    Bobby Shriver, touting Kennedy lineage, joins supervisor's race
    Bobby Shriver invoked his Kennedy family heritage Tuesday as he launched his campaign for Los Angeles County supervisor, using his place in the political dynasty to try to gain an edge even while casting himself as an "outsider." The former mayor of...
  • March Madness: A perfect bracket will earn you $1 billion

    Some lucky person out there could be filling out a billion-dollar bracket for March Madness this year. A really, really lucky person. Because that's what it is going to take -- a lot of luck -- to correctly pick the winners of every single game in the...
  • Buffett's $1-billion basketball bet called savvy marketing ploy

    Buffett's $1-billion basketball bet called savvy marketing ploy
    The Wizard of Omaha didn't get to be one of the world's wealthiest men by taking foolish risks. This week, Warren Buffett announced that Berkshire Hathaway Inc. will insure a Quicken Loans Inc. contest that will award $1 billion to anyone who...
  • Billionaire Charles Munger drops controversial Brentwood project

    Billionaire Charles Munger drops controversial Brentwood project
    After years of wrestling with Brentwood activists, billionaire investor Charles T. Munger has pulled the plug on plans to redevelop the San Vicente Boulevard site that was the longtime location of Dutton's bookstore. Brentwood Community Council...
  • Warren Buffett's Berkshire buys $3.45-billion stake in Exxon Mobil

    Warren Buffett's Berkshire buys $3.45-billion stake in Exxon Mobil
    Warren Buffett's Berkshire Hathaway bought a $3.45-billion stake in Exxon Mobil in the third quarter, the company's largest investment since it invested $10.7 billion in IBM two years ago, according to a regulatory filing late Thursday. The Securities...
  • Buffett's advice comes at a price teens can afford

    It's written by one of the world's richest men, it's 24 pages long, and it's one of the best how-to guides that I can think of for young investors. Hot off the presses, it's the annual shareholders' letter from Warren Buffett, the 83-year-old chairman of...
  • Warren Buffett Buys Miami TV Station WPLG from Graham Holdings Co.

    Warren Buffett's Berkshire Hathaway has set an agreement to acquire Miami ABC affiliate WPLG from Graham Holdings Co. in a stock-swap deal valued at $1.1 billion. Deal calls for Berkshire to swap 1.6 million shares that it owns in Graham Holdings Co. for...
  • L.A. investment bank Moelis & Co. files for IPO

    L.A. investment bank Moelis & Co. files for IPO
    Moelis & Co., a boutique Los Angeles investment bank, filed for an initial public offering, seeking to capitalize on the soaring stock market and a recent pickup in corporate mergers. The firm was founded in 2007 by Ken Moelis, a longtime Southern...
  • Buffett's BNSF Rail wants safer oil tank cars after fires, explosions

    Buffett's BNSF Rail wants safer oil tank cars after fires, explosions
    With America's new oil boom forcing more and more crude onto long trains to make up for inadequate pipeline capacity, Warren Buffett's BNSF has opened bids to buy 5,000 safer transport cars. The move follows a series of high-profile rail accidents and...
  • Rachel Marsden: Transparency must accompany financial oversight

    PARIS -- On the occasion of President Obama's State of the Union address this week, marking five years since he was sworn into office with the stated primary objective of turning around the post-crisis domestic economy, it's worth asking: Is America...