Warren Buffett's Berkshire Hathaway Inc on Monday revealed a new stake in Apple Inc, in a bet that the stock's price could rebound after iPhone sales fell for the first time.
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said the U.S. housing market has made progress and still has a way to go in recovering.
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said he expects Congress to resolve a stalemate over the U.S. debt ceiling before it seriously harms the country.
Berkshire Hathaway Inc. added a stake in National Oilwell Varco Inc. in the second quarter as billionaire Chairman Warren Buffett pared investments in consumer-products stocks including Procter & Gamble Co.
Warren Buffett’s ice-cream-to-insurance conglomerate Berkshire Hathaway reported a smaller profit for the second quarter on Friday as losses on derivatives dragged down results.