Movers & Shakers: August 5, 2019
Stories moving the markets and shaking up the world.
Berkshire Hathaway profit hit by insurance underwriting decline
In total, insurance underwriting fell to $353 million from $943 million, a whopping 64 percent plunge.
Warren Buffett to donate $3.6B in Berkshire Hathaway shares to these five foundations
Buffett has gifted roughly $34 billion in Berkshire Hathaway shares to philanthropic endeavors.
Warren Buffett's personal golf club set nets nearly $40,000 at auction
A set of personalized golf clubs once owned by Berkshire Hathaway CEO Warren Buffett sold for nearly $40,000 at auction.
Warren Buffett's Berkshire Hathaway reveals Amazon stake worth $900M
Buffett confirmed the firm’s investment in Amazon at Berkshire Hathaway’s annual shareholder meeting earlier this month.
Berkshire's Buffett calls himself a 'card-carrying capitalist'
“I don’t think the country will go into socialism in 2020, or in 2040, or 2060,” Buffett said.
EXCLUSIVE: Tim Cook 'thrilled' Berkshire's Buffett owns Apple stock
Apple CEO Tim Cook shares with FOX Business' Liz Claman he learned from attending Berkshire Hathaway's shareholders meeting.
Warren Buffett calls Fed Chair Jerome Powell right man for the job
“There is nobody better than Jay Powell to be running the Fed,” Buffett said.
Warren Buffett looked at an Uber investment 18 months ago
The ride-sharing company -- which has raised close to $30 billion in funding since its inception a decade ago -- is expected to go public next week.
Warren Buffett thinks Berkshire paid 'too much' for embattled Kraft
Losses from Kraft Heinz battered Berkshire’s fourth-quarter earnings at the end of February.
Warren Buffett's Berkshire Hathaway posts big profit ahead of shareholder meeting
The company’s net earnings were $21.7 billion, or $13,209 per Class A share.
Value investor Warren Buffett distances himself from Amazon stock buy
Billionaire investor Warren Buffett seems to be disowning Berkshire Hathaway's purchase of Amazon stocks.
Warren Buffett's No. 2 sounds off on modern architecture
Charlie Munger pursues the passion through his multimillion-dollar philanthropy efforts.
Buffett's Berkshire Hathaway to invest $10B in Occidental Petroleum for bidding war
In exchange, Berkshire Hathaway will receive 100,000 shares of cumulative perpetual preferred stock with a value of $100,000 per share.
Warren Buffett thinks newspapers are 'toast'. Here's why
“The world has changed hugely,” the Berkshire Hathaway CEO said.
Warren Buffett releases annual shareholder letter: 5 things to know
These are some of the highlights from this year’s letter.
Warren Buffett's Berkshire Hathaway posted a rare quarterly loss, undercut by Kraft Heinz
Warren Buffett’s sprawling Berkshire Hathaway released its fourth-quarter earnings on Saturday, .
These are Warren Buffett's biggest stock holdings
And with Berkshire’s $116 billion pile of cash, shareholders are eager to find out on Saturday in Buffett’s annual letter whether the “Oracle of Omaha” made any significant purchases in 2018.
Warren Buffett's Berkshire Hathaway bets more on banks
Berkshire also bought shares in General Motors and cloud-computing company Red Hat.
Warren Buffett's Berkshire Hathaway launches simplified insurance product for small businesses
Berkshire Hathaway said the simplified offering for small businesses will be rolled out on a state-by-state basis as soon as regulatory filings and approvals are cleared.