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, […]

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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

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