Financial icon Warren Buffett - also known as the Oracle of Omaha - is stepping down as chairman of investment firm Berkshire Hathaway, according to a press release.
BusinessThe equivalent of just over SEK 3,661,000,000,000. That's how much cash Warren Buffett's investment company, Berkshire Hathaway, now has in its coffers.
BusinessFinancial profile Warren Buffett's investment company Berkshire Hathaway's profit rose sharply in the third quarter and the cash is swelling to a new record level.
BusinessTech giants and a ketchup manufacturer were among the losers when the New York stock exchange started September with red numbers.
BusinessFinancial icon Warren Buffett, 94, is retiring at the turn of the year. He announces this at Berkshire Hathaway's annual meeting, where he proposes that Greg Abel becomes the new CEO of the conglomerate.
BusinessThe American financial icon Warren Buffett and his Berkshire Hathaway continue to dump the world's highest-valued company, Apple. During the last quarter, a quarter of the shares in the technology giant have been sold.
BusinessSmall savers were clearly more active than usual on Black Monday on the stock exchange. In the turmoil, Swedish savers chose to back the financial icon Warren Buffett. It's a clear sign of the uncertainty we've seen surrounding the tech giants, says Frida Bratt, savings economist at Nordnet.
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