Similar Stories to Berkshire Hathaway Event Celebrates What Makes Firm Unique on Bing News

By JOSH FUNK, AP Business Writer, San Francisco Chronicle
Tue, 05/03/2016 - 2:42am

(AP) — Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's annual meeting. In an adjoining 200,000-square-foot exhibit hall, Berkshire subsidiaries such as See's Candy, Fruit of the Loom and Geico insurance sell their products as executives chat with shareholders. Shareholder David Parr said eventually replacing Buffett has to be a concern for Berkshire shareholders because of his age and remarkable talent, but he's confident that Buffett has a good plan in place and has a knack for choosing good people. The company's profit grew 8 percent, largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units. Benjamin Moore paints CEO Mike Searles said running a Berkshire subsidiary has been a pleasant change after a career of working for public companies that focus heavily on each quarter's results. Dozens of shareholders surrounded Buffett and Precision Castparts' CEO with their phones in the air to try to snap a picture, while security guards created a bubble around the executives. A group of environmentalists tried to make an impression on Buffett with their resolution urging the company to write a report on the climate change risks Berkshire's insurance units face. Shareholders overwhelmingly rejected the resolution after Buffett argued that climate change won't hurt its insurance companies because they generally reprice their policies annually.

PREV NEXT
BING NEWS:
  • Berkshire Hathaway
    Berkshire Hathaway, Inc. provides property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services. It operates ...
    06/6/2024 - 1:01 pm | View Link
  • BHHS hosts inaugural Sunshine Kids Golf Tournament
    Berkshire Hathaway HomeServices Nevada Properties held its inaugural Sunshine Kids Golf Tournamenta April 24 at Wildhorse Golf Club to support local youth battling cancer.
    05/31/2024 - 2:28 pm | View Link
  • Berkshire Hathaway Inc. Cl B
    Steel Partners Holdings L.P.
    05/28/2024 - 11:16 pm | View Link
  • Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling
    Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders. Here are some of the changes Buffett and his two investment officers, Todd Combs and Ted ...
    05/15/2024 - 3:00 am | View Link
  • More
PREV NEXT

 

PREV NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More News

  • Flying Spaghetti Monster Is On The Loose
    The Daily Dot, Monday - 06/10/2024 - 11:00 PM

    The Flying Spaghetti Monster was a response to the Christian nationalists promoting intelligent design over science. Today's MAGA cult has morphed into an outright theocracy belief system. How sick do you have to be to compare convicted felon Trump to Jesus? Congrats to the Church of the Flying Spaghetti Monster. Open thread below read more

    More | Talk | Read It Later | Share
  • Nevada’s Plan to Expand Electronic Voting Raises Concerns for Election Security Experts
    Time, Monday - 06/10/2024 - 04:23 PM

    Schurz, Nevada — Members of the Walker River Paiute Tribe have watched the boundaries of their land recede over time along with the waters of the lake that are central to their identity, threatening the cultural symbol that gave the tribe its name — Agai Dicutta, or Trout Eaters. Not wanting to cede their voice, tribal leaders have been making a push for expanded voting rights.

    More | Talk | Read It Later | Share
  • Most Black Americans Believe U.S. Institutions Are Conspiring Against Them, a Pew Poll Finds
    Time, Monday - 06/10/2024 - 03:42 PM

    Washington — Most Black Americans say they’ve experienced racial discrimination regularly or from time to time, which colors how they view U. S. institutions like policing, the political system and the media, according to a study on conspiracy theories. The study released Monday by the Pew Research Center examined the intersection of race and conspiratorial beliefs.

    More | Talk | Read It Later | Share
  • Let Caitlin Clark Live
    Time, Monday - 06/10/2024 - 02:08 PM

    Caitlin Clark’s arrival in the WNBA has set off a firestorm of chatter, discourse, and debate the likes of which we’ve never really seen in sports. The only 21st century precedent I can think of is Tebowmania, about a dozen years ago, when former Heisman Trophy-winning quarterback Tim Tebow enjoyed some success in the NFL, with the Denver Broncos.

    More | Talk | Read It Later | Share
  • The Status of Every Game of Thrones Spinoff
    Time, Monday - 06/10/2024 - 01:39 PM

    While it was on the air, Game of Thrones was the most popular television series in the world. The show had an average viewership of over 32 million in its first seven seasons and in its eighth and final season, which concluded in 2019, it averaged 46 million across US platforms.

    More | Talk | Read It Later | Share
  • A Combined Flu and COVID-19 Shot May Be Coming
    Time, Monday - 06/10/2024 - 01:34 PM

    As much as we’d like to think that COVID-19 is behind us, the virus isn’t going anywhere. Health officials continue to recommend that people get vaccinated for both COVID-19 and influenza every year for the foreseeable future, and high hospitalization rates for COVID-19 in the past winter were a reminder that SARS-CoV-2 can still cause serious disease. Soon, that may be possible with one shot instead of two.

    More | Talk | Read It Later | Share