Berkshire Hathaway profit surges as economy gives Buffett a boost

Dennis Van Tine/AP Berkshire Hathaway reported a 67% jump in second-quarter profit, boosted by a growing economy. Underwriting profit at the Geico auto insurance unit more than quintupled. Berkshire ended June with $ 111.1 billion of cash and equivalents, some of which Buffett could use to repurchase stock under a new policy giving him and […]

Anne Hathaway gets 'FAT' and warns trolls not to BODY SHAME her for new role: Watch

The actress has never been afraid to bare her body in movies liek Love and Other Drugs or Brokeback Mountain. Hathaway just posted a video on Instagram showing her sweaty and natural in gym gear. She explained she was putting on the pounds for a film role and warned haters to back off. Some will […]

A hot startup that could be a model for the JPMorgan-Amazon-Berkshire Hathaway healthcare initiative just raised $110 million

Collective Health Collective Health, a startup that works with self-insured employers, just raised $ 110 million. The company helps employers build out health plans that fit their needs by adding technology with the hope of making things like submitting claims and reading bills easier. Self-insured employer plans have recently come into the spotlight after JPMorgan, Amazon and […]

Amazon, Berkshire Hathaway, and JPMorgan Are Going to Fix Health Care—Somehow

Amazon, JPMorgan Chase, and Berkshire Hathaway announced on Tuesday that they intend to form a new company that manages health care for their hundreds of thousands of U.S. employees, the idea being that a unified, not-for-profit entity can reduce workers’ expenses. The surprising trio of the nation’s largest online retailer, largest bank by assets, and […]

Healthcare stocks are getting smoked after JPMorgan, Amazon, and Berkshire Hathaway say they’re teaming up to reduce costs for employees

REUTERS/Lucas Jackson Amazon, Berkshire Hathaway, and JPMorgan are teaming up to try to make healthcare more affordable for their US-based employees. Insurance stocks like UnitedHealthcare, Cigna, Anthem and others are deeply in the red early Tuesday after the news hit. Shares of insurance providers, benefits managers, pharmacies and other healthcare cimoabues are getting smoked in […]

Warren Buffett’s Berkshire Hathaway expands its board (BRK.A, BRK.B)

Kevin Lamarque/Reuters Berkshire Hathway expanded its board of directors to 14 members from 12. Gregory E. Abel and Ajit Jain are being added as directors. Warren Buffett and Charlie Munger will retain their positions on the board.   (AP) — Warren Buffett’s Berkshire Hathaway is adding Gregory E. Abel and Ajit Jain as directors, boosting the size […]

Oceans 8 movie poster: Fans are VERY excited at Sandra Bullock, Anne Hathaway and Rihanna

Sandra Bullock, Anne Hathaway and Rihanna all appear on the movie poster for the long-awaited next installment of the Brad Pitt, George Clooney franchise. Starring Sandra Bullock, Cate Blanchett, Helena Bonham Carter, Anne Hathaway, Rihanna, Mindy Kaling, Sarah Paulson, Awkwafina, Damian Lewis and James Corden, the film has a an all-star cast. Sandra Bullock will […]

Warren Buffett’s Berkshire Hathaway has been outbid for Oncor

REUTERS/Rick Wilking (Reuters) – Sempra Energy said it will buy Oncor for $ 9.45 billion in cash after Energy Future Holdings Corp, which indirectly owns Oncor, abandoned a deal to sell the power transmission company to Warren Buffett’s Berkshire Hathaway Inc. San Diego-based Sempra expects to own about 60 percent of a reorganized Energy Future […]

Alice In Wonderland star Anne Hathaway naked throwback: Her sexiest scenes and pictures

The Oscar-winning actress is beguiling as the seemingly virginal and pure White Queen in the recent blockbuster Alice in Wonderland. Tim Burton’s fantastical reimagining of the Lewis Carroll classic is back on TV screens tonight at 8.20pm on BBC2. Even in this role though, Hathaway still injected a sly sense of danger and sensuality. She […]

Warren Buffett’s Berkshire Hathaway is setting its sights on a new target

Mark Wilson/Getty Images Billionaire investor Warren Buffett is setting his sights on a new company. The investment firm he runs, Berkshire Hathaway, is in talks to buy a stake in Latin American reinsurer IRA Brasil Resseguros, according to a Bloomberg News report. The purchase would take place following an initial public offering for the company […]