Hathaway

KKR's Ambitious Path: From Private Equity Giant to Mini Berkshire Hathaway

9 days ago

In a bid to redefine its identity and expand its influence, KKR & Co. (Kohlberg Kravis Roberts & Co.) is embarking on a transformation that resembles the diversified investment strategy of Berkshire Hathaway. This strategic pivot, spearheaded by the firm's founders, showcases their vision for KKR to become a more multifaceted investment entity, thus broadening its reach beyond traditional private equity.

Compass Engages in Negotiations to Acquire Berkshire Hathaway’s Property Brokerage

21 days ago

In a significant move that could reshape the real estate landscape, Compass Inc. is reportedly in discussions to purchase Berkshire Hathaway’s property brokerage. According to recent reports from the Wall Street Journal, this potential acquisition reflects Compass's strategic efforts to expand its market presence and enhance its offerings in the competitive real estate sector.

Berkshire Hathaway's Lending Arm Faces CFPB Lawsuit Over Alleged Unaffordable Loan Practices

3 months ago

In a significant legal move, the Consumer Financial Protection Bureau (CFPB) has initiated a lawsuit against a lending company owned by Berkshire Hathaway, alleging that the institution engaged in predatory lending practices by offering consumers unaffordable loans. This action underscores ongoing scrutiny of lending institutions and their financial practices, particularly in the wake of recent market volatility.

Berkshire Hathaway's Profits Slip by 6% Amid Declining Insurance Underwriting

5 months ago

Berkshire Hathaway, the conglomerate giant led by Warren Buffett, has reported a noticeable decline in its profits, with figures plummeting by 6% in the third quarter of 2024. This downturn can largely be attributed to a significant reduction in underwriting income within its insurance segment, casting a shadow over the company's otherwise robust portfolio.