Tag: Warren Buffett
Buffett’s Berkshire Hathaway rejects fossil fuel proposal, shareholder says
Berkshire Hathaway urged to sell investments in Phillips 66, other fossil fuels companies By Jonathan Stempel Feb 28 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years, […]
Low oil prices have had significant impact on US economy: Warren Buffett
Low oil prices mean producing states under severe pressure OMAHA, Neb. _ Billionaire Warren Buffett said the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn’t change his optimistic long-term view of the country’s prospects. Buffett appeared on CNBC Monday and addressed a variety of topics […]
Kinder Morgan shares bought by Buffett’s firm
Berkshire Hathaway owns 26.5 million Kinder Morgan shares OMAHA, Neb. _ Berkshire Hathaway Inc. on Tuesday revealed that it has made a new investment in pipeline operator Kinder Morgan and unloaded its stake in Chicago Bridge & Iron as part of several changes to its stock portfolio. Warren Buffett’s conglomerate filed an update on its […]
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