Berkshire Hathaway Inc has joined the group bidding for Citigroup's consumer lending unit OneMain, formerly known as CitiFinancial, the Wall Street Journal said, citing people familiar with the matter.
Warren Buffett's conglomerate Berkshire Hathaway Inc reported a smaller profit for the first quarter, as reinsurance losses from the March 11 earthquake in Japan dragged down results.
Warren Buffett did his best this weekend to distance himself and the company he has run since 1965 from a stock-trading scandal, and to ease some of the pressure on his company's shares.
Berkshire Hathaway Inc will report a significantly lower first-quarter profit, as one of the worst quarters ever for global catastrophes weighed on the company's insurance businesses, Chief Executive Warren Buffett said on Saturday.
David Sokol fired back at Warren Buffett, with his lawyer saying the one-time Berkshire Hathaway Inc executive had been made a scapegoat over a transaction that led to his sudden resignation.
Warren Buffett lavished praise on his reinsurance chief Ajit Jain on Saturday, saying the man many investors hope will succeed Buffett was devoted to Berkshire Hathaway and his work.
Tens of thousands of Berkshire Hathaway shareholders are descending on Omaha for the conglomerate's annual meeting.
Warren Buffett will not limit the scope of questions he is asked at this weekend's annual meeting of his conglomerate Berkshire Hathaway, the iconic investor told Fox Business on Thursday.
Berkshire Hathaway said that former executive and Warren Buffett's right-hand man David Sokol deliberately misled Buffett while pitching the Lubrizol investment to him. CNBC's Becky Quick reports.
Former Berkshire Hathaway executive David Sokol deliberately misled Warren Buffett when pitching an investment to him, the company's board concluded in a scathing report that may add fuel to a pending SEC probe of Buffett's one-time heir apparent.
On his first trip to the country, he faced throngs of Indians at press conferences and business meetings, while he searched for companies to acquire, and attempted to convince wealthy Indians to contribute to philanthropy.
Berkshire Hathaway's former executive David Sokol is in increasing danger of being slapped with insider trading charges for the way he handled Berkshire's efforts to acquire Lubrizol Corp while buying stock for himself, legal experts said on Tuesday.
Wall Street dealmakers have spoken: Warren Buffett's former aide David Sokol violated ethics.
The problem with replacing Warren Buffett as Berkshire Hathaway Inc's chief executive officer is that the replacement will not be Warren Buffett.
Famed billionaire investor Warren Buffett today said his conglomerate Berkshire Hathaway would look at possible acquisitions in India as and when there were opportunities.
Legendary billionaire investor Warren Buffett today said he has been enormously lucky with his business ventures but added he would prefer not to be born rich.
The 80-year-old billionaire investor Warren Buffet is on his maiden visit to India. Speaking exclusively to CNBC-TV18's Shereen Bhan, Buffet the chairman and chief executive officer of Berkshire Hathaway said India is a 'dream market for investors'. "The market is growing, getting more prosperous by the day, businesses are flourishing," he said.
Billionaire Warren Buffett, on a visit to Bangalore in India, said he saw significant growth in global output over the next year, in a television interview on Wednesday.
Known as the man with the Midas touch, billionaire Warren Buffett chairman of Berkshire Hathaway in an exclusive interview with CNBC-TV18’s Shereen Bhan says the Indian touch came in through convincing associates, including likely successor Ajit Jain. However, he says “the reason I am here is because of TaeguTec.”
The Chairman and CEO of Berkshire Hathaway, Mr Warren Buffett, who is in India regaled audience in Bangalore by saying he regards metals as a very exciting industry.
"I like to be remembered as the world's oldest man", quipped 80-year-old legendary investor Warren Buffett.
Billionaire investor Warren Buffett is on his maiden India visit and was addressing a press conference earlier. CNBC-TV18’s Shereen Bhan reports.
Billionaire investor Warren Buffett said on Monday that he was looking at more acquisition targets after a USD 9 billion buy of US specialty chemical maker Lubrizol by his Berkshire Hathaway last week.
Warren Buffett's Berkshire Hathaway agreed to acquire specialty chemical company Lubrizol Corp for USD 9 billion for cash, making it one of the largest acquisitions in its history.
Kamesh Goyal, CEO of Allianz Asia Pacific, in an interview with CNBC-TV18’s Reema Tendulkar and Gautam Broker, spoke about the company’s recent tie-up with Berkshire Hathaway and the road ahead.