Topline Berkshire Hathaway announced Thursday it would acquire Occidental Petroleum’s petrochemical unit, OxyChem, in a deal valued at $9.7 billion, the largest deal by billionaire Warren Buffett’s firm in the last three years. Buffett has said his Berkshire Hathaway would not take complete control of the oil firm. Copyright 2018 The Associated Press. All rights reserved. Key Facts Berkshire, which …
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Warren Buffett’s Berkshire Hathaway Could Be Closing in on $10B Deal With Occidental Petroleum
KEY TAKEAWAYS Berkshire Hathaway is reportedly close to finalizing a $10 billion deal to buy OxyChem, the petrochemical division of Occidental Petroleum. The deal would be the conglomerate’s biggest since its $11.6 billion purchase in 2022 of insurer Alleghany. Berkshire Hathaway (BRK.A, BRK.B) is reportedly close to a $10 billion deal to buy the petrochemical division of Occidental Petroleum (OXY), in what …
Read More »The ‘Warren Buffett Indicator’ has surged above 200%, meaning the market’s price is far ahead of the economy’s size
The “Warren Buffett Indicator” is a simple yardstick that compares the total U.S. stock market’s value to the size of the U.S. economy. It’s recently surged above 200%, a level Buffett once warned is like “playing with fire,” signaling stretched valuations versus economic output. It’s soared because market values have risen far faster than GDP, driven by mega-cap gains and …
Read More »Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway is closing in on a deal to buy Occidental Petroleum’s petrochemical unit OxyChem for roughly $10 billion, the Wall Street Journal reported Tuesday. The potential deal, which could finalize within days per the Journal, could be Berkshire’s largest …
Read More »Jaylen Warren inactive for Steelers vs. Vikings in Ireland
Steelers running back Jaylen Warren can’t go today after all. Although Warren was expected to be able to play through the knee issue he was having this week, the Steelers made him inactive after he tested the knee in pre-game warmups. Without Warren, the Steelers will turn to Kenneth Gainwell, Kaleb Johnson and Trey Sermon as their running backs. The …
Read More »Warren Buffett’s ‘Secret Portfolio’ Has 5 Perfect Dividend Stocks for Berkshire Hathaway – 24/7 Wall St.
Warren Buffett’s ‘Secret Portfolio’ Has 5 Perfect Dividend Stocks for Berkshire Hathaway 24/7 Wall St. The Best Warren Buffett Stocks to Buy With $1,000 Right Now Yahoo Finance Warren Buffett Just Added Over $400 Million to These 2 Stocks He Plans to Hold Forever The Motley Fool Wall Street’s 3 Favorite Warren Buffett Dividend Stocks To Own Today Barchart.com Prediction: These 2 Warren Buffett …
Read More »Elizabeth Warren says there's a hidden reason why Trump wants to end companies' quarterly earnings requirement – MSN
Elizabeth Warren says there’s a hidden reason why Trump wants to end companies’ quarterly earnings requirement MSNView Full Coverage on Google News Source link
Read More »Elizabeth Warren: There’s a Hidden Reason Trump Wants to Nix Quarterly Earnings
Sen. Elizabeth Warren isn’t a fan of President Donald Trump’s idea to end quarterly earnings reporting requirements. “It undermines transparency,” the Massachusetts Democrat said in an interview with Yahoo Finance on Tuesday night. “That is the whole point here.” As of now, the Securities and Exchange Commission requires publicly traded companies to report their earnings on a quarterly basis, meaning …
Read More »Canelo vs Crawford: Predictions from Frank Warren, Dillian Whyte, Amir Khan and more for super-fight
Image source, Getty ImagesImage caption, Saul ‘Canelo’ Alvarez have fought a combined over 108 fights on their records Saul ‘Canelo’ Alvarez v Terence Crawford Venue: Allegiant Stadium, Las Vegas Date: Saturday, 13 September Coverage: Follow live text commentary from 03:00 BST on Sunday, 14 September on BBC Sport website and app Mexico’s Saul ‘Canelo’ Alvarez defends his undisputed super-middleweight crown …
Read More »‘The GOP’s Elizabeth Warren’: Vance happy to feud with Rand Paul – Politico
‘The GOP’s Elizabeth Warren’: Vance happy to feud with Rand Paul Politico Rand Paul rips JD Vance’s assertion that executing cartel members is the ‘best use of our military’ Fox News Even a GOP senator thinks JD Vance’s line on war crimes accusations is ‘despicable’ MSNBC News Venezuela Says ‘Everything’s Fair Game’ After US Attack on Boat Bloomberg.com US upends its role as the …
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