Warren Buffett's Berkshire Hathaway Inc said on Friday its second-quarter profit fell 37 per cent, reflecting a significant decline in investment gains and an underwriting loss from insurance operations, which include Geico.
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.
This year's auction was the 16th to benefit the
Warren Buffett will invest $5 billion in Bank of America Corp, stepping in to shore up the largest US bank in the same way he helped prop up Goldman Sachs and General Electric during the financial crisis.
Bank of America shares rose nearly