The reason Berkshire's shareholders (and investors in general) will be sad to see Buffett retire is his track record, which features a nearly 20% annualized return spanning 60 years. He's nearly ...

The OxyChem deal enables Occidental Petroleum to reduce leverage, sharpen its Exploration & Production focus, and position ...

Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt ...

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Berkshire Hathaway will pay US$9.7 billion for Occidental Petroleum’s chemical division in a deal that may mark Warren ...

Berkshire Hathaway filed to formally separate Warren Buffett’s current two roles, CEO and executive chairman, to pave the way ...

Trump sets Hamas deadline, government shutdown continues, Berkshire leadership shifts, Fed reports slowdown, Nissan recalls EVs, and markets show mixed signals.

Berkshire Hathaway said it has amended its bylaws to separate the roles of chairman and CEO, paving the way for Greg Abel to succeed Warren Buffett as top officer, effective Jan. 1.

In a new regulatory filing, Berkshire said its board of directors voted on Sept. 30 to amend its bylaws to distinguish the ...

Warren Buffett's Berkshire Hathaway is spending billions of dollars to purchase Occidental's chemical business, its largest ...

Berkshire Hathaway’s $9.7B acquisition of Occidental’s OxyChem marks a masterstroke before leadership changes. Read more on ...

The Sage of Omaha will step down from the $1 trln conglomerate at year’s end. His biggest acquisition in three years, buying ...