Berkshirehathway recent news

Here are some recent news articles and updates about Berkshire Hathaway:

Recent News

  1. Berkshire Hathaway's Q2 Earnings Beat Expectations: Berkshire Hathaway reported a 23% increase in net income for the second quarter of 2022, driven by strong performances from its insurance and railroad businesses. (Source: CNBC, August 2022)
  2. Warren Buffett's Berkshire Hathaway Buys More Occidental Petroleum Stock: Berkshire Hathaway increased its stake in Occidental Petroleum by 22% in the second quarter, according to a regulatory filing. (Source: Bloomberg, August 2022)
  3. Berkshire Hathaway's Geico Insurance Unit to Offer Telematics-Based Discounts: Geico, Berkshire Hathaway's auto insurance subsidiary, will offer discounts to customers who use telematics devices to track their driving habits. (Source: Insurance Business America, August 2022)
  4. BNSF Railway, a Berkshire Hathaway Subsidiary, to Invest $1.5 Billion in Kansas City Area: BNSF Railway will invest in new infrastructure and equipment in the Kansas City area, creating hundreds of jobs and boosting economic growth. (Source: Kansas City Business Journal, July 2022)
  5. Warren Buffett's Berkshire Hathaway to Sell Majority Stake in Nebraska Furniture Mart: Berkshire Hathaway has agreed to sell a majority stake in Nebraska Furniture Mart, its furniture retail business, to a private equity firm. (Source: Omaha World-Herald, July 2022)

Recent Developments

  1. Berkshire Hathaway's Share Price: Berkshire Hathaway's Class A shares (BRK.A) have been trading around $430,000 per share, while its Class B shares (BRK.B) have been trading around $270 per share.
  2. Warren Buffett's Net Worth: Warren Buffett's net worth is estimated to be over $100 billion, making him one of the richest people in the world.
  3. Berkshire Hathaway's Portfolio: Berkshire Hathaway's portfolio includes a diverse range of businesses, including insurance, retail, manufacturing, and energy companies, as well as significant investments in Apple, Coca-Cola, and Wells Fargo, among others.
  4. Berkshire Hathaway's Annual Shareholder Meeting: Berkshire Hathaway's annual shareholder meeting is typically held in May or June, where Warren Buffett and Charlie Munger, the company's vice chairman, provide updates on the company's performance and answer questions from shareholders.

I hope this information is helpful!