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Top News & Analysis Omaha

  • MEXICO CITY/ CHICAGO, May 12- Mexico's growing beef industry is targeting Muslim consumers in the Middle East for its prime cuts as it seeks to reduce dependence on buyers in the United States. The potential for a U.S.- Mexico trade war under President Donald Trump has accelerated efforts by Mexican beef producers to explore alternative foreign markets to the...

  • OMAHA, Neb., May 9- It has been decades since anyone thought of Warren Buffett's Berkshire Hathaway Inc, or even its insurance operations, as "very, very small." The biBERK chief operating officer, Rakesh Gupta, said the year-old operation, known as "Cover Your Business" until a March name change that could benefit from Berkshire's cachet, was the brainchild of Ajit Jain,...

  • OMAHA, Neb., May 8- Katie Ryerson and her father took a train from their hometown of Columbus, Ohio, to Omaha, Nebraska, for her first Berkshire Hathaway Inc shareholder meeting, a weekend the conglomerate's billionaire chief Warren Buffett calls " Woodstock for Capitalists." They were part of a crowd expected to top last year's estimated 37,000. Shareholders filled...

  • May 6- Berkshire Hathaway Inc Chairman Warren Buffett on Saturday fumed that healthcare costs are eating away at the U.S. economy like "tapeworm" and said the Republican approach to overhaul Obamacare is a tax cut for the rich. The U.S. House of Representatives on Thursday narrowly approved a bill to repeal and replace Obamacare, a victory for Republican...

  • OMAHA, Neb., May 6- Berkshire Hathaway Inc shareholders on Saturday rejected a proposal to have the conglomerate run by Warren Buffett disclose its political contributions twice a year. The billionaire nonetheless expressed sympathy for the proposal at Berkshire's annual meeting, expressing strong opposition to the U.S. Supreme Court's 2010 decision in the...

  • OMAHA, Neb., May 6- Warren Buffett, the chairman of Berkshire Hathaway Inc, on Saturday criticized Wells Fargo& Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal. Wells Fargo, whose largest shareholder is Berkshire with a 10 percent stake worth roughly $27 billion, gave employees too...

  • OMAHA, Neb., May 6- Warren Buffett, the chairman of Berkshire Hathaway Inc, on Saturday faulted Wells Fargo& Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal. Wells Fargo, whose largest shareholder is Berkshire with a 10- percent stake worth roughly $27 billion, gave employees too...

  • OMAHA, Neb., May 6- Warren Buffett, the chairman of Berkshire Hathaway Inc, on Saturday faulted Wells Fargo& Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal. Wells Fargo, whose largest shareholder is Berkshire with a 10- percent stake worth roughly $27 billion, gave employees too...

  • OMAHA, Neb., May 6- Warren Buffett, the chairman of Berkshire Hathaway Inc, on Saturday faulted Wells Fargo& Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal. Wells Fargo, whose largest shareholder is Berkshire with a 10- percent stake worth roughly $27 billion, gave employees too...

  • May 6- Billionaire investor Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire's 52nd annual meeting in Omaha, Nebraska. Below are a few of the comments from Buffett, the "Oracle of Omaha," on a wide range of topics:. CHARLIE MUNGER ON PUERTO RICO.

  • OMAHA, Neb., May 6- Warren Buffett on Saturday downplayed suggestions that Berkshire Hathaway Inc's partnerships with Brazil's 3 G Capital, a renowned cost-cutter, undermined Berkshire's own value system. Speaking at Berkshire's annual meeting in Omaha, Nebraska, Buffett said, "there is a good chance we will do more, and perhaps bigger things" with 3 G, which was...

  • May 6- Billionaire investor Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire's 52nd annual meeting in Omaha, Nebraska. The weekend known as "Woodstock for Capitalists" is unique in corporate America, a celebration of the billionaire's image and...

  • OMAHA, Neb., May 6- Warren Buffett on Saturday faulted Wells Fargo& Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a national scandal. Wells Fargo, whose largest shareholder is Berkshire with a 10 percent stake worth $27 billion, gave employees too much autonomy to engage in "cross-selling"...

  • OMAHA, Neb., May 6- Warren Buffett on Saturday faulted Wells Fargo& Co's previous management for failing to take action immediately upon learning that its employees were signing up customers for bogus accounts, causing a national scandal. Buffett spoke at the annual meeting of Berkshire Hathaway Inc, which he chairs, and where he and Vice Chairman Charlie Munger...

  • May 6- Billionaire investor Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire's 52nd annual meeting in Omaha, Nebraska. The weekend known as "Woodstock for Capitalists" is unique in corporate America, a celebration of the billionaire's image and...

  • OMAHA, Neb., May 6- Warren Buffett on Saturday faulted Wells Fargo& Co's previous management for failing to take action immediately upon learning that its employees were signing up customers for accounts they did not want. Speaking at Berkshire's annual meeting, where Buffett and Vice Chairman Charlie Munger are fielding five hours of questions from...

  • May 6- Billionaire investor Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire's 52nd annual meeting in Omaha, Nebraska. Below are a few of the comments from Buffett, the "Oracle of Omaha," on topics ranging from Wells Fargo to celebrating a pioneer of...

  • WARREN BUFFETT AND CHARLIE MUNGER TAKE THE STAGE AT THE BERKSHIRE HATHAWAY ANNUAL MEETING IN OMAHA.

  • OMAHA, Neb., May 5- Berkshire Hathaway Inc, the conglomerate run by billionaire investor Warren Buffett, reported a 27 percent decline in first-quarter profit on Friday, and said a loss from insurance underwriting contributed to operating results that fell short of forecasts. Net income fell to $4.06 billion, or $2,469 per Class A share, from $5.59 billion, or...

  • OMAHA, Neb., May 5- Berkshire Hathaway Inc, the conglomerate run by billionaire investor Warren Buffett, on Friday reported a 27 percent decline in first-quarter profit, and said a loss from insurance underwriting contributed to operating results that fell short of forecasts. Net income fell to $4.06 billion, or $2,469 per Class A share, from $5.59 billion, or...