Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here.Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched...
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn't plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%."There's speculation about us buying control, we're not going to buy...
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn't lose money in the firm's collapse.The sudden downfall of SVB in March forced the Federal Deposit Insurance Corp. to seize the...