Category: Hathaway

Buffett On Buybacks

Commentary Warren Buffett defended stock buybacks in Berkshire Hathaway Inc.’s  2022 Annual Report (pdf), pushing back on those railing against the practice he believes benefits all shareholders. “When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued…


Berkshire Hathaway Says It Has Added 12,000 Jobs

Berkshire Hathaway Inc., run by billionaire Warren Buffett, said on Friday its workforce has grown by about 12,000, recovering some jobs it lost earlier in the COVID-19 pandemic. The Omaha, Nebraska-based insurance and investment company said its dozens of businesses now have about 372,000 employees, up from 360,174 at the end of 2020. Berkshire had…