Berkshire Hathaway Q4 Profits skyrocketed by 71%

February 24, 2025

Catenaa, Monday, February 24, 2025– Berkshire Hathaway fourth-quarter operating profits have skyrocketed by 71%, a report released on Saturday said, mainly driven by performance in insurance while Buffet struggles to find the next best investment. The Warren Buffett-led conglomerate said its operating profit, was up by 71% to $ 14.5 billion during the final three months of […]

Berkshire Shareholders Reject Diversity, AI Proposals

May 5, 2025

Catenaa, Monday, May 05, 2025- Berkshire Hathaway shareholders on Saturday rejected seven shareholder resolutions focused on diversity, artificial intelligence (AI) oversight and environmental practices, aligning with the company’s leadership in opposing the measures. The votes came during the conglomerate’s annual meeting, shortly after Warren Buffett announced he will step down as chief executive at the […]

Buffett Steps Down, Warns USD ‘Going to Hell’

May 5, 2025

Catenaa, Monday, May 5, 2025- Warren Buffett ended his storied tenure as CEO of Berkshire Hathaway on Saturday with a stark warning about the long-term health of the US dollar and a cautious outlook on American trade policies. Speaking at the company’s 60th annual shareholder meeting, Buffett hinted that Berkshire may increase foreign currency holdings […]

Mitsubishi To Invest $27B In Next Three Years

April 3, 2025

Catenaa, Thursday, April 03, 2025- Japanese multinational company Mitsubishi Corp plans to invest at least $27 billion over the next three years to drive growth, the company said on Thursday, aiming to lift its net profit to $8.15 billion in the 2027/28 financial year. Unveiling its new three-year management strategy starting this month,the company said […]