Insurance companies are facing a sharp increase in reinsurance prices

Insurance companies are facing a sharp increase in reinsurance prices

Hurricane season is almost over, although another storm is potentially headed for Florida. For insurance companies, the worries do not end on November 30. The insurance companies are in the middle of negotiations with reinsurers who are trying to raise interest rates by 10% to 30%. Almost two-thirds of US property catastrophe coverage is renewed … Read more

Buffett’s Berkshire chases Musk’s Tesla on market cap

Buffett’s Berkshire chases Musk’s Tesla on market cap

Watch out Elon, Warren is catching up. With the drop in shares of Tesla this year the market value of Berkshire Hathaway is hot on the heels of the electric imager. Berkshire, led by longtime CEO Warren Buffett, is demonstrating its defensive qualities in a bear market, with its Class A shares up 0.3% this … Read more

Berkshire’s market cap approaches Tesla’s post-growth shares fall

Berkshire’s market cap approaches Tesla’s post-growth shares fall

Watch out Elon, Warren is winning on you. With the sharp drop in shares of Tesla (Ticker TSLA) this year, the market capitalization of Berkshire Hathaway (ticker BRK/A, BRK/B) is approaching leadership in electric vehicles.

Buffett’s likely successor buys $68 million of Berkshire stock

Buffett’s likely successor buys $68 million of Berkshire stock

Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s stock last Thursday in what appears to be his first purchase of Berkshire stock since taking the post in 2018. In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed that … Read more

Amazon, Berkshire Hathaway may be among top payers of new minimum tax

Amazon, Berkshire Hathaway may be among top payers of new minimum tax

Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year. They found that fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax by 2021, and only six — including Amazon and Warren … Read more

Amazon, Berkshire Hathaway may be among top payers of new minimum tax

Amazon, Berkshire Hathaway may be among top payers of new minimum tax

Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year. They found that fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax by 2021, and only six — including Amazon and Warren … Read more

Amazon, Berkshire Hathaway may be among top payers of new minimum tax

Amazon, Berkshire Hathaway may be among top payers of new minimum tax

Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year. They found that fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax by 2021, and only six — including Amazon and Warren … Read more

Microsoft’s Real Game With Activision

Microsoft’s Real Game With Activision

If Microsoft MSFT -1.27% wants to make investors some real money, here’s an idea: It should openly promise to keep “Call of Duty” on the PlayStation forever. Concern about what will Microsoft ultimately do with the blockbuster videogame franchise continues to hang over the software giant’s proposed bid to acquire Activision Blizzard. THAT WE -2.70% … Read more

Microsoft’s real game with Activision

Microsoft’s real game with Activision

If Microsoft MSFT 0.85% wants to make some real money for investors, here’s an idea: It should openly promise to keep “Call of Duty” on PlayStation forever. Concerns about what Microsoft will ultimately do with the blockbuster video game franchise continue to hang over the software giant’s proposed bid to acquire Activision Blizzard. THAT WE … Read more

Berkshire looks like a loser with 3 big buys

Berkshire looks like a loser with 3 big buys

Text size Warren Buffett, CEO of Berkshire Hathaway, said his company often buys stocks before a market bottoms. AFP via Getty Images When asked about Berkshire Hathaway ‘s investment success at the company’s annual meeting in April, CEO Warren Buffett said that Berkshire is often early. He pointed to the company’s large stock buyback in … Read more