WarrenBuffett

Legal Tussle: BASF Files Lawsuit Against Warren Buffett's Duracell Over Lithium-Ion Battery Trade Secrets

1 month ago

In a notable legal development, BASF, the industrial behemoth renowned for its chemical manufacturing prowess, has initiated a lawsuit against Duracell, a subsidiary of Berkshire Hathaway led by the legendary investor Warren Buffett. This legal confrontation emerges amid an intensifying competition within the lithium-ion battery market, a sector pivotal to the development of technologies spanning electric vehicles to renewable energy storage.

Warren Buffett's Wealth Surges as Other Billionaires Face Losses in 2025

1 month ago

In a stunning reversal of fortune amid a broader financial downturn for many of the world's billionaires, Warren Buffett has seen his wealth significantly increase in 2025. The investment mogul, known for his sage advice and long-term investment strategies, has defied expectations as his net worth has swelled while others are grappling with substantial losses.

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

7 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.