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.
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.
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 ...
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.
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Vanderbilt’s internal model for underwriting loans provided borrowers unrealistic expectations of monthly living expenses, the Consumer Financial Protect Bureau alleged in the complaint.
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.
On the outside, this brick colonial looks like a traditional New England home. Inside, however, it packs modern updates and luxury living. The 6-bedroom, 5 bath home at 23 Pilgrim Road in West Hartford offers a chef’s kitchen with a large island and a “seamless flow” into the family and mud room.
Moss Landing Power Plant in Central California around 3 pm yesterday and evacuation orders were issued around 6:30 pm due to concerns over hazardous materials and potential chemical releases, Hanna Park of CNN reports,
Warren Buffett’s company, Berkshire Hathaway, has stockpiled over $320 billion in cash and cash equivalents, primarily in short-term U.S. Treasury bills. This is the highest percentage of cash in the company’s portfolio in over 30 years,