China's BYD sees profit soar on strong demand for its sedans; vows to expand, diversify BYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan topped the country's ...
NEW YORK (Reuters) - Warren Buffett was awarded total compensation of about $519,490 in 2009 to run Berkshire Hathaway Inc, a 6 percent increase mainly reflecting the higher cost of keeping the world's third-richest person safe. According to Berkshire's proxy filing with ...
Warren Buffett still gets $100K salary at Berkshire Hathaway, but security costs grow to $345K Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days. ...
MUNICH (Reuters) - Munich Re <MUVGn.DE> sees star investor Warren Buffett's stake in the reinsurer as evidence that he backs its long-term strategy aimed at creating stability, Munich Re's chief executive said on Wednesday. "He would not have bought in if he ...
Likes issuing more Berkshire (BRK.A) shares as much as preparing for a colonoscopy In his annual letter to Berkshire (NYSE: BRK.A) shareholders, Warren Buffett divided Berkshire's (BRK.A) operations in four major groups. He praised the managers of his insurance companies for earning ...
NEW YORK, March 1 Reuters) - Warren Buffett said "out of control" health care costs are a "tapeworm" limiting growth in an economy recovering only fitfully from the financial crisis. The world's second-richest person called on Washington policymakers to adopt fundamental reforms ...
Billionaire Warren Buffett said Monday the economy is improving but at a very slow rate and consumers are still not spending much, so job growth will remain slow. Buffett appeared on the CNBC cable network for three hours Monday morning — two ...
In this Feb. 22, 2010 photo, Berkshire Hathaway Chairman and CEO Warren Buffett is interviewed before lunch with officials from Salida Capital, a Canadian Investment firm, in New York. Buffett said Monday, March 1, 2010, health care costs are a major drain ...
Warren Buffett says Berkshire's managers and board will protect company once he's gone Billionaire Warren Buffett says once he is gone, Berkshire Hathaway Inc.'s managers and board members will make sure the company continues to be run as it has been because ...
Buffett's Berkshire Hathaway reports big jump in 4Q profit on unrealized investment gains Berkshire Hathaway Inc.'s fourth-quarter profit bounced back sharply, thanks largely to an unrealized $1 billion gain on derivative contracts and investments. Warren Buffett's company said Saturday that its insurance ...
