CEO Warren Buffett

Together, the top five income generating enterprises owned by Berkshire Hathaway brought in a pre-tax profit of $9 billion in 2011. ‘Seven years ago,' Mr Warren Buffett noted in his annual letter to shareholders, ‘we owned only one of the five, whose ...  

Berkshire Hathaway (NYS: BRK.A) (NYS: BRK.B) CEO Warren Buffett's decision to buy a hoard of newspapers from Media General seems like a strange one. The world's foremost investor has always been wary of technology, but now he's diving into an ...  

DETROIT (AP) -- Shares of General Motors Co. surged in premarket trading Wednesday after Warren Buffett's Berkshire Hathaway Inc. disclosed that it bought 10 million shares of the automaker's stock. Berkshire Hathaway wouldn't say why it bought ...  

Below is either a very interesting document or a very clever hoax (it was sent to my anonymously). It’s a letter/press release, apparently retrieved via a Freedom of Information Act request) from Dick Fuld dated March 28, 2008, announcing that Warren ...  

NEW YORK — Warren Buffett, whose Berkshire Hathaway Inc. struck a deal this month to acquire 63 newspapers, says he may buy more publications as the industry rethinks whether to offer free content on the Internet. “This is an unsustainable ...  

Warren Buffett has a message for Media General newspapers: “Berkshire buys for keeps.” The billionaire chairman of Berkshire Hathaway Inc. last week announced that subsidiary BH Media Group would purchase Media General Inc. (NYSE:MEG) newspapers, including the Concord Independent Tribune, the Statesville Record & Landmark, the Mooresville Tribune, the Hickory Daily Record and the Lake Norman Navigator, all located in the Charlotte region. On...  

A.M. Best Co. has affirmed the financial strength rating of A++ and issuer credit ratings of “aaa” of National Indemnity Company and its affiliates.  

When Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B)(NYSE: BRK-A) made the acquisition of Burlington Northern Santa Fe, the speculation was that more rail mergers could be expected.  After all, if Warren Buffett likes the sector on a ...  

Ally Financial Inc., the bailed-out auto lender, was selected by the Forest River unit at Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) to provide inventory financing for dealers of recreational vehicles. Detroit-based Ally will participate ...  

Koreantoast writes "Warren Buffett, whose Berkshire Hathaway recently purchased 63 newspapers and plans to purchase more over the next few years, noted during an interview that the current free content model is unsustainable and will likely continue pushing toward more electronic subscription models. This coincides with moves by other newspaper companies like Gannett and the New York Times, which are also erecting paywall systems. Buffett...  

Warren Buffett reaffirmed Thursday that he will take a "hands-off" approach to the 26 daily newspapers, including the Winston-Salem Journal, that a Berkshire Hathaway subsidiary is buying from Media General Inc. In a letter to publishers and ...  

Is the Sage of Omaha a sentimentalist or a skeptic when it comes to newspapers? Yes. That the Berkshire Hathaway CEO has a particular soft spot in his heart for the medium has been clear since he picked up his hometown paper, the Omaha World ...  

BULLISH ON AUTOS?: Warren Buffett's company, Berkshire Hathaway Inc., took a new 10 million-share stake in General Motors Co. in the first quarter. The investment comes as the Detroit automaker continues ...  

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:NYSEGeneral Motors Co., up 49 cents at $21.91Warren Buffett's Berkshire Hathaway Inc. ...  

Media General Inc. Wednesday announced that it is selling 63 newspapers, including The Dothan Eagle and The Opelika-Auburn News, to Warren Buffett’s Berkshire Hathaway Inc. for $142 million.