[ad_1] Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway Energy has agreed to purchase a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. Warren Buffett‘s big energy and utility division bought the stake from Dominion Energy … Read more
[ad_1] Pedestrians in front of a pawn shop during Golden Week at night in Macau, China, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near … Read more
[ad_1] Warren Buffett’s Berkshire Hathaway bought more shares of Occidental Petroleum on each of the last six trading days, boosting its stake in the Houston-based oil and gas producer to 24.4%, according to regulatory filings. The Omaha, Nebraska-based conglomerate purchased a total of of 5.6 million shares for $327.2 million over the past six sessions … Read more
[ad_1] Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here. Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched into a lengthy diatribe … Read more