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Berkshire Hathaway

American multinational conglomerate holding company

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Berkshire Hathaway: American multinational conglomerate holding company
Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River and NetJets, and also owns 38.6% of Pilot Flying J; 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%). Since 2016, the company has acquired large holdings in the major US airline carriers, and is currently the largest shareholder in United Airlines and Delta Air Lines, and a top three shareholder in Southwest Airlines and American Airlines. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965, while employing large amounts of capital, and minimal debt.


Dow sheds 900 points at the open [Video]

Dow sheds 900 points at the open

The Dow plunged more than 900 points at the market open Monday after a sharp rise in coronavirus cases outside China stoked fears of a bigger impact to global growth. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:28Published

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