Berkshire’s Geico unit, the No. 3 auto insurer, has cut its head count by over 30% since the end of 2021 to about 28,000 employees

Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many" who "get the short straws in life."

The opportunity-starved organization is likely to start making major investments again -- just in a different way.

Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.

Berkshire Hathaway's Warren Buffett includes some business lessons in his annual shareholder letter, published Saturday. Here are the key points.

Berkshire has three main insurance businesses: Geico, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. All three insurance segments had a profitable underwriting year.

Berkshire Hathaway Inc.’s operating earnings surged 71% in the fourth quarter, as higher interest rates lifted the conglomerate’s investment income and its insurance business improved.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,

Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do with all that money. But in his annual letter to the conglomerate's shareholders, he reaffirmed his desire to invest in businesses ...