Warren Buffett News

Buffett’s Hathaway Compensation Rises to $485,606

Warren Buffett’s compensation from Berkshire Hathaway Inc. rose 15 percent last year to $485,606, although the billionaire’s salary remained $100,000. The increase came in “other compensation,” which includes company-paid costs for Buffett’s personal and home security. As usual, Buffett reimbursed …

Buffett’s Railway Backs Costly Oil Transport Safety Standards

A push by Warren Buffett’s railroad to boost oil-shipment safety is meeting resistance from Hess Corp. and other companies that say the plan would mean a surge in costs and force them to scrap thousands of tank cars. A series …

Buffett Joined Ceremony for New Indiana Geico Center

Billionaire investor Warren Buffett joined in a ceremony opening a new customer service center for the Geico insurance company in suburban Indianapolis. The ceremony on Monday took place at the center in Carmel which Geico expects to expand to perhaps …