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Berkshire Hathaway gains $1.6 billion from its huge bite of Apple

FILE PHOTO – An Apple iPhone 7 and the company logo are seen in this illustration picture taken in Bordeaux, France on February 1, 2017. REUTERS/Regis Duvignau/File Photo Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) is sitting on more than $1.6 billion of ... More »

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Buffett scorns tricky Wall Street accounting, but defends buybacks

FILE PHOTO – Investor Warren Buffet arrives for the premiere of the film ‘Wall Street: Money Never Sleeps’ in New York, U.S. on September 20, 2010. REUTERS/Lucas Jackson/File Photo Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks ... More »

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Warren Buffett rails against fee-hungry Wall Street managers

File Photo: Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/Rick Wilking/File Photo Billionaire Warren Buffett, whose stock picks over several decades have enriched generati... More »

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Trump `not wrong on everything`: Berkshire`s Munger

Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholson Charlie Munger, the billionaire vice chairman of Warren Buffett’s Berkshire Hathaway Inc (BRKa.N), sa... More »

Buffett’s biggest deal casts light on pension burden

NEW YORK Growing pension obligations at Precision Castparts Corp (PCP.N), which Berkshire Hathaway has agreed to buy for $32 billion, highlight an issue that large U.S. corporations still face, almost a decade into a low-interest rate environment. Berkshire’s ... More »