PacifiCorp emphasized that the announcement involved financing assistance, not a grant, and that nothing was set in stone.
Stack Overflow co-founder Jeff Atwood says he’ll give away more than half his wealth — starting with $8 million in charitable donations — within the next five years.
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
OMAHA, Neb. (AP) — The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren Buffett’s Berkshire Hathaway “ignored clear and obvious red flags” that borrowers couldn’t afford the mortgages they were given to buy ...
After a selling spree last year, Buffett and his team at Berkshire are sitting on $325 billion in cash and short-term investments. Most of the conglomerate's money is in Treasuries, which provide it with cash flow, while interest rates on Treasury bills remain above 4%.
A Reuters analysis shows that Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments in renewable energy, the company has resisted efforts by regulators to make coal plants cleaner.
Billionaire hedge fund manager Bill Ackman announced plans to build a modern-day Berkshire Hathaway ( BRK.A 1.68%) ( BRK.B 1.79%). Although Ackman and his investors would own most of it, it would be available to invest in as a publicly traded company.
According to the New York Post. According to the New York Post, creating “a modern-day Berkshire Hathaway” is no mean feat, but that’s exactly what billionaire investor and hedge fund manager Bill Ackman intends to do. The Pershing Square CEO plans to increase his stake in real estate company Howard Hughes Holdings and take the company private.
Vanderbilt’s internal model for underwriting loans provided borrowers unrealistic expectations of monthly living expenses, the Consumer Financial Protect Bureau alleged in the complaint.
Given the increasing demand for cleaner energy sources, Berkshire Hathaway Energy is poised to capitalize on favorable macroeconomic conditions and expand its operations. This positive outlook ...
Pershing, which holds a 37.6% stake in the HHH, will offer $85 a share to buy out the rest of the firm, Ackman said in a letter to investors.
— WINNER: The U.S. Secret Service. Yes, a presidential inauguration is probably the most intricately planned, thoroughly secured mass public event in American life. But after two assassination attempts on Trump last year, the beleaguered protective service has gotta be glad Trump will be spending the day in more easily defensible space.