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Berkshire endorses Japanese trading houses, could hold them ‘forever’

Editor May 3, 2025

If I Only Taught One Strategy: Expert Reveals Retirement Hack

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Berkshire endorses Japanese trading houses, could hold them ‘forever’
OMAHA, Nebraska (Reuters) -Warren Buffett on Saturday gave a full-throated endorsement to the five Japanese trading houses in which his conglomerate Berkshire Hathaway has invested.Buffett spoke at Berkshire’s annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stake … Read More >>

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Big Oil earnings show split in production strategy, shareholder returns
HOUSTON/LONDON (Reuters) -Big Oil’s first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April.Investors were focused on whether companies would cut share repurchases, since lower crude prices would leave … Read More >>

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US State Dept approves $3.5 billion missile sale to Saudi Arabia
WASHINGTON (Reuters) -The U.S. State Department approved a possible foreign military sale to Saudi Arabia of AIM-120C-8 Advanced Medium Range Air-to-Air Missiles and related support for $3.5 billion, the Pentagon said in a statement on Friday.The U.S. is poised to offer Saudi Arabia an arms package worth well … Read More >>

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Buffett defends trade amid tariff pressures, as Berkshire cash sets record
OMAHA (Reuters) -Warren Buffett offered a fervent defense of trade on Saturday, saying tariffs should not be a “weapon” and the United States would be better off if other countries shared its prosperity.Buffett spoke at Saturday’s annual meeting of his conglomerate Berkshire Hathaway, after a month when U.S. … Read More >>

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