Warren Buffett’s Strategic Buybacks: Berkshire Hathaway’s $27 Billion Move to Deploy Cash Reserves
Warren Buffett’s Berkshire Hathaway Inc. has taken a more cautious yet strategic approach to deploying its massive cash reserves, opting for what Buffett described as a “mildly attractive” method—record-breaking buybacks—rather than the high-profile acquisitions that have marked his career. In…
Warren Buffett Divests from Newspaper Industry After Declaring It ‘Toast’
Warren Buffett is officially exiting the newspaper business, a sector that he once saw as a promising investment. Berkshire Hathaway Inc., his conglomerate, has agreed to sell its BH Media Group, which owns 30 daily newspapers, to Lee Enterprises Inc….