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Category: Berkshire Hathaway Inc

Warren Buffett Rebukes Trump’s Tariffs Plan in CBS Interview: ‘Act of War’

Warren Buffett Rebukes Trump’s Tariffs Plan in CBS Interview: ‘Act of War’

Warren Buffett, the famed investor who runs the sprawling conglomerate Berkshire Hathaway, described tariffs as “an act of war” in an interview with CBS that aired on Sunday. “Over time they’re a tax on goods,” Mr. Buffett said, responding to a question about their inflationary impact, suggesting that consumers will face higher prices as a […]
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CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers

CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers

Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion in interest payments on their savings accounts. On Thursday, the bureau abandoned that lawsuit and permanently waived its legal right to ever again pursue the […]
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings

Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings

Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about a traditionally staid investment: Treasury bills. The cash stockpile held by Berkshire Hathaway, his sprawling multinational conglomerate, rose past $334 billion at the end of last year, including $286 billion in short-term Treasuries. The […]
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Category: Berkshire Hathaway Inc

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