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Berkshire Hathaway

American multinational conglomerate holding company

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Berkshire Hathaway: American multinational conglomerate holding company
Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River and NetJets, and also owns 38.6% of Pilot Flying J; 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%). Since 2016, the company has acquired large holdings in the major US airline carriers, and is currently the largest shareholder in United Airlines and Delta Air Lines, and a top three shareholder in Southwest Airlines and American Airlines. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965, while employing large amounts of capital, and minimal debt.

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Dow sheds 900 points at the open [Video]

Dow sheds 900 points at the open

The Dow plunged more than 900 points at the market open Monday after a sharp rise in coronavirus cases outside China stoked fears of a bigger impact to global growth. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:28Published

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Berkshire taps former AmEx CEO Kenneth Chenault for board, as Bill Gates steps aside

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Coronavirus forces Warren Buffett to cancel 'Woodstock for Capitalists'

Warren Buffett on Friday said the coronavirus pandemic forced him to cancel Berkshire Hathaway Inc's annual shareholder weekend, the largest gathering in corporate America, because the safety of..
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Warren Buffett says 'I'm a Democrat,' and would have 'no trouble' voting for Bloomberg

Warren Buffett, the chairman of Berkshire Hathaway Inc and one of the world's most admired investors, said on Monday he is a Democrat, and would have "no trouble" voting for fellow billionaire Michael..
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Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks

Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Monday called the coronavirus outbreak "scary stuff" but said that it was no time to sell stocks despite the threat of a..
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Buffett defends Berkshire stock push, reassures on future as profit smashes record

Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major..
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Rising stocks fuel record profit for Buffett's Berkshire; operating profit disappoints

Warren Buffett's Berkshire Hathaway Inc on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its..
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Buffett defends stock investments, which fueled record Berkshire profit

Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major..
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Warren Buffett 'almost certain' stocks will outperform bonds if interest rates remain low

In Warren Buffett annual letter to shareholders, Berkshire Hathaway reported a $29 billion profit in the fourth quarter.
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Bitcoin has no real value, Warren Buffett

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Buffett's Berkshire buys Kroger and Biogen, reduces Wells Fargo and Goldman stakes

Warren Buffett's Berkshire Hathaway Inc on Friday said it has taken a $549.1 million stake in Kroger Co, investing in the largest U.S. supermarket chain as smaller rivals struggle.
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Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019

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Warren Buffett's $4.6 million charity lunch was the biggest purchase on eBay last year.The billionaire investor and Berkshire Hathaway CEO donated the auction proceeds to GLIDE, a homeless..
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Warren Buffett gives up on newspapers; Berkshire sells unit to Lee Enterprises

Warren Buffett's Berkshire Hathaway Inc agreed to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor had long defended even as..
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Buffett's Berkshire sells newspaper business, including hometown paper, to Lee Enterprises

Warren Buffett's Berkshire Hathaway Inc said on Wednesday it is selling its newspaper operations to Lee Enterprises Inc , abandoning an industry the billionaire investor had long supported and defended..
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Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme

The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett's Berkshire Hathaway Inc to take a $377 million charge last year, pleaded guilty on Friday to involvement..
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Buffett protege Todd Combs to become Geico CEO

The auto insurer Geico on Monday named Todd Combs, one of Warren Buffett's portfolio managers at Berkshire Hathaway Inc , as its chief executive.
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Buffett's Berkshire tops profit forecasts despite trade drag, record cash

Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and..
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Buffett's Berkshire boosts operating profit as economy improves

Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose 14%, as it improved results in multiple business lines and generated..
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Buffett's Berkshire reports higher quarterly operating profit

Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose as the company posted higher profit in multiple business lines and..
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Sunday Profile: Warren Buffett

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Insurance, economy, tariffs weigh on Berkshire Hathaway

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the..
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Berkshire Hathaway profit falls as insurance underwriting declines

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting.
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U.S.-China trade war hits a Warren Buffett investment

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Buffet Donates $3.6 Billion To Gates' And Family Charities

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Warren Buffet is donating roughly $3.6 billion of Berkshire Hathaway stock to five charities including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett’s plan to give away his..
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Walmart heir, Buffett to give away $4.8 billion of fortunes

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Mystery bidder to pay $4.5 million for lunch with Warren Buffett

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