Hacks of Microsoft Outlook Email Program Continue Despite Patch March 7, 2021 By Trevor Hunnicutt, Raphael Satter and Joseph Menn More than 20,000 U.S. organizations have been compromised through a back door installed via recently patched flaws in Microsoft Corp.’s...
Berkshire’s Buffett Wants to Do More Business in UK and Europe, Regardless of Brexit May 6, 2019 By Trevor Hunnicutt and Jonathan Stempel Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out....
Fund Manager LJM Sues to Find Those Behind Market Volatility Losses January 22, 2019 By Trevor Hunnicutt LJM Partners Ltd. on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars...
Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm August 28, 2018 By Trevor Hunnicutt, Sankalp Phartiyal and Kane Wu Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm,...
Berkshire Hathaway Reports Q1 ‘Accounting’ Loss But Insurance Profit May 6, 2018 By Jonathan Stempel and Trevor Hunnicutt Warren Buffett lost money but had a pretty good quarter. Berkshire Hathaway Inc. on Saturday reported an unusual quarterly net...
Buffett Eyes ‘Huge’ Acquisitions But Not in Insurance February 26, 2018 By Trevor Hunnicutt and Jonathan Stempel Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make...
New Bond ETF Rules Expected to Attract Investments from Insurers May 31, 2017 By Suzanne Barlyn and Trevor Hunnicutt BlackRock Inc. expects $300 billion in new money from insurers to flood into the already booming bond exchange-traded fund sector...
Berkshire’s Buffett Says Republican Health Plan Is Tax Cut for Wealthy May 8, 2017 By Trevor Hunnicutt Berkshire Hathaway Inc. Chairman Warren Buffett on Saturday fumed that healthcare costs are eating away at the U.S. economy like...
Pimco to Pay $20 Million to Settle Charges It Misled Investors December 4, 2016 By Sarah Lynch and Trevor Hunnicutt Pacific Management Investment Co. (Pimco) will pay $20 million to settle charges it misled investors about the performance of a...
BlackRock Says Investors Must Weigh Climate Change Like Insurers Are Doing September 7, 2016 By Simon Jessop and Trevor Hunnicutt BlackRock Inc., the world’s largest asset manager, said all investors should factor climate change into their decision-making and doing so...