Alexis Keenan is a New York-based reporter for Yahoo Finance. She previously produced live news for CNN and MSNBC and is a former litigation attorney.Source
Read full articleWarren Buffett has gotten Berkshire Hathaway (, ) out of the airline business.During a for the company’s annual shareholders meeting Saturday, the chairman and CEO called Berkshire’s recent purchase of roughly 10% of four of the world's largest airlines — including American (), United (), Delta () and Southwest ( — an “understandable mistake.”But the company has sold out of its entire interest in the airlines, worth at least $4 billion. In doing so, the Oracle of Omaha admitted to a rare investment misstep, one that’s he pinned on the “The world changed for airlines,” the...…Read full articleWarren Buffett has gotten Berkshire Hathaway (, ) out of the airline business.During a for the company’s annual shareholders meeting Saturday, the chairman and CEO called Berkshire’s recent purchase of roughly 10% of four of the world's largest airlines — including American (), United (), Delta () and Southwest ( — an “understandable mistake.”But the company has sold out of its entire interest in the airlines, worth at least $4 billion. In doing so, the Oracle of Omaha admitted to a rare investment misstep, one that’s he pinned on the “The world changed for airlines,” the...WW…
