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….
Buffett Defends Burger King-Tim Hortons Deal Amid Tax Inversion Criticism
Warren Buffett, the billionaire CEO of Berkshire Hathaway, once again stood by the controversial $11 billion acquisition of Canadian chain Tim Hortons by Burger King, despite widespread criticism labeling the deal a corporate inversion aimed at circumventing U.S. taxes. Buffett,…