Berkshire Hathaway, the giant company led by Warren Buffett, is at a big turning point. Buffett is now 92 years old. People wonder what will happen when he steps down. The company has a huge impact on the stock market. It owns many businesses and lots of stocks. But can it keep growing without Buffe
Berkshire Hathaway is making waves with a $9. 7 billion acquisition of OxyChem, a chemical division of Occidental Petroleum. This deal might be one of the last big moves by Warren Buffett, the legendary dealmaker who has been at the helm for decades. Buffett's involvement in this deal is notable, e
Insurance companies in California are raising rates and dropping customers because of climate-related disasters. State Farm, the state's largest insurer, has already increased rates by an average of 17% for homeowners, 15% for renters and condo owners, and 38% for apartment owners. They are also see
Insurance companies face a tough job. They need to manage risk and make smart investments. This is especially true when dealing with uncertain events that can affect multiple types of insurance. Imagine an insurance company that can buy reinsurance to spread out risk. This reinsurance cost is based
