In the wake of the potential departure of the current CEO, Warren Buffett, Berkshire Hathaway Inc. BRK might be at risk from activist investors, alerts a member of the company’s board. What Happened: Chris…
Warren Buffett’s Berkshire Hathaway Inc. BRK BRK has settled allegations over the violation of buyout terms concerning truck-stop-chain Pilot Travel Centers. The agreement was reached just before the trial was set…
In the aftermath of renowned investor Charlie Munger‘s death in November, the Daily Journal Corp. DJCO has cautioned its shareholders about the likelihood of lower future returns, saying it’s “impossible…
The CEO of Morgan Stanley MS, James Gorman, has echoed Berkshire Hathaway’s BRK Warren Buffett’s sentiments, attributing recent bank failures to poor management decisions. What Happened: In an interview with Financial Times, Gorman argued that mismanagement and recklessness have been…
The growth status of Chinese EV manufacturer, BYD Co. BYDDF, is under a cloud of uncertainty following a $12 billion selloff. Concerns regarding the company’s sales targets and its ability to compete…