Berkshire Hathaway is a multinational conglomerate holding company led by renowned investor Warren Buffett. The company primarily engages in the acquisition and management of a diverse range of businesses across various industries, including insurance, utility, energy, rail transportation, manufacturing, and retail. By employing a value investing approach, Berkshire Hathaway seeks to identify and invest in companies with strong growth potential and effective management. In addition to its numerous wholly-owned subsidiaries, the firm also holds significant stakes in several publicly traded companies, reinforcing its position as a prominent player in the global investment landscape. Read More
The past week was a whirlwind for Apple Inc. with a series of major announcements and controversies. From Steve Jobs' resurfaced interview about the importance of hiring top-notch software engineers, to changes in iPhone release strategy, and a privacy lawsuit settlement, the tech giant was in the headlines throughout the week. Here's a recap of the top stories.
Occidental Petroleum is overcoming obstacles and effectively reducing costs. The margin is widening, and cash flow sustains a robust outlook for shareholders.
