Berkshire Hathaway Borrows From Elon Musk’s Playbook in Geico Turnaround
Berkshire’s Geico unit, the No. 3 auto insurer, has cut its head count by over 30% since the end of 2021 to about 28,000 ...
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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company’s Class A shares popped more than 25% in 2024.
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Berkshire Hathaway’s operating earnings surge 71% with record cash pile
Warren Buffett’s Berkshire Hathaway (BRK.A) on Saturday reported ... a major increase in earnings,” led by car insurer Geico. Berkshire earned $9 billion in 2024 from insurance underwriting ...
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Berkshire Hathaway’s re/insurance underwriting gain rises to $9bn in 2024 as firm pegs LA wildfire loss at $1.3bn
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a 66% year-on-year rise in net ...
Berkshire shares rise on surge in operating earnings, but questions linger about cash
The conglomerate’s operating profit — earnings from the company’s wholly-owned businesses — skyrocketed 71% to $14.5 billion ...
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Buffett says Berkshire ‘will forever’ deploy most of its capital in equities and never prefer cash over good businesses
Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do ...
GEICO to relocate headquarters to trophy office in downtown Bethesda
The insurance giant is relocating to The Wilson, an office building at 7272 Wisconsin Ave., near the Red Line's Bethesda ...
Warren Buffett: You don't need to attend college to be a great CEO—'I never look at where a candidate has gone to school'
When Warren Buffett selects CEOs for Berkshire Hathaway-owned companies, he doesn’t care about where they went to college, he ...