Berkshire Hathaway | featured news

Warren Buffett earned a salary of $100,000 in 2012 as chairman and CEO of his Berkshire Hathaway, an amount that has remained unchanged for more than three decades.

Heinz CEO William Johnson is entitled to a golden parachute worth $56 million if he's fired by the company's new owners. Warren Buffet's Berkshire Hathaway and 3G Capital announced last month they were buying the ketchup maker for $23.3 billion. Pittsburgh-based Heinz disclosed Johnson's deal in a regulatory filing Monday.

This the latest portfolio update for Berkshire Hathaway. Warren Buffett continued to add to his favorite companies such as Wells Fargo and IBM, while his new managers Ted Weschler and Todd Combs bought into three new positions and added to existing positions.

Warren Buffett sees clear signs that the global economy is slowing, although the U.S. economy is "inching ahead" as other regions decline, the Berkshire Hathaway chief executive officer said on Wednesday.

Warren Buffett assured shareholders of Berkshire Hathaway Inc that the company will be in good hands after he steps down, trying to allay fears about Berkshire's succession plan after revealing he had prostate cancer.

Warren Buffett told his company’s shareholders in an open letter Tuesday that he has been diagnosed with early-stage prostate cancer. The 81-year-old billionaire investor and CEO of Berkshire Hathaway Inc. said his condition is “not remotely life-threatening” or debilitating.

Warren Buffett, 81, did not name the candidate, and emphasized that he and his longtime business partner, the 88-year-old Charlie Munger, were not going anywhere.

Berkshire Hathaway Inc. said fourth- quarter profit fell 30 percent on smaller gains from Warren Buffett’s portfolio of derivatives.

Berkshire Hathaway accumulated a 5.5 percent stake in IBM, Warren Buffett said on Monday, his biggest bet on the technology field that he has historically shunned.

Warren Buffett is coming to the rescue of another fallen giant. Buffett's Berkshire Hathaway Inc. announced Thursday that it would invest $5 billion in Bank of America Corp., giving a much-needed vote of confidence to the beleaguered bank. The news sent the bank's stock soaring 9 percent.