Warren Buffett News

Buffett Warning Unheeded as Cat Bonds Surge

Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks. Demand for notes linked to insurance against hurricanes and other natural disasters is prompting investors to …

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 …