Buffett Speaks with KETV

Business partners Warren Buffett and Charlie Munger took shareholder questions for over four hours on May 2 during the shareholder event weekend. Then on Sunday, Warren Buffett fielded more questions from KETV NewsWatch 7. The annual shareholder event question-and-answer session took place at the CenturyLink Center and is the pinnacle of the entire weekend. Many …

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Biggest Berkshire Hathaway Threats this Year

Berkshire Hathaway, founded by Warren Buffett, is currently sitting at its all-time high, and within intraday trading, the Class B shares have even traded higher than $152 per share. But will the large drop in oil prices have an effect on the Class A and Class B shares? After all, the Berkshire Hathaway portfolio currently …

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Why Buffett Wants to Sell Cars, Houses and Much More

People with even just a slight interest in the business world are very familiar with the folksy wisdom and grandfatherly message of the Oracle of Omaha, Warren Buffett. And Berkshire Hathaway, his long-time investing company, is becoming a household name more and more each passing year. Yet, relatively speaking, the brand that is Berkshire Hathaway …

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Google Helps Buffett Go Green

Google recently made its largest renewable energy purchase, and they agreed to buy 407 MW of carbon free electricity. It is going to be generated by a large wind project under construction by MidAmerican Energy in the state of Iowa. This company is one of the subsidiaries owned by Warren Buffett. Google is technically buying …

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Buffett Places Record Breaking Wind Turbine Order with Siemans

MidAmerican Energy Holdings Co., subsidiary of Warren Buffett’s Berkshire Hathaway, placed the largest onshore wind turbine order in the industry’s short history with Siemens AG. The order was placed for 448 turbines, and they will be installed in Iowa for five different projects. The total value of these turbines is estimated at $1 billion. The …

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Shareholders of NV Energy Approve Sale to MidAmerican & Buffett

The current shareholders of NV Energy Inc. have approved the sale of the company to MidAmerican Energy, a Berkshire Hathaway company, for $5.6 billion. The company announced the voting of the shareholders on Wednesday, but the deal itself is not expected to close until the first quarter of 2014. It needs regulatory approval before they …

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MidAmerican Subsidiary to use Federal Wind Subsidies

One of the subsidiaries of MidAmerican Energy Holdings – Warren Buffett owned – intends to capitalize on tax subsidies offered by the federal government. They plan to install 448 wind turbines across five counties in Iowa. This will generate up to 1050 MW of power by the year 2015. The construction on these wind farms …

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Buffett & Berkshire Could Soon Own The Largest Energy Company

Berkshire Hathaway and Warren Buffett have agreed to acquire NV Energy in early 2014. Sen. Harry Reid is excited to help. There’s no question that Warren Buffett – billionaire investor – is currently seeing dollar signs in Nevada. Buffett and company just offered $10 billion to acquire NV Energy, Inc. The deal will essentially create …

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Berkshire Hathaway Holds Off on Iowa Nuclear Power Plants

MidAmerican Energy Co., subsidiary of Berkshire Hathaway, chose to no longer build any upcoming nuclear reactors in the state of Iowa like they originally planned for you future. They chose to hold off because of regulatory hurdles. “It is premature, given the uncertainty of carbon regulation and the extensive regulatory review for new nuclear reactor …

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Unit of Berkshire Hathaway to Buy NV Energy

A Berkshire Hathaway unit has committed to purchase NV Energy Inc., as part of a deal that values the utility company based out of Nevada at $5.59 billion. The current deal in progress has an enterprise value worth about $10 billion, said each company. Representatives from both companies did not have anyone immediately available to …

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