Berkshire Hathaway

Amazon-Berkshire-JPMorgan health venture to shut next month

01/04/21

The planned shutdown of Haven at the end of next month marks the close of an ambitious effort that brought together titans of technology and finance but struggled to demonstrate meaningful results.

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PPP set for revisions; Berkshire Hathaway unloads Goldman shares

05/18/20

The program would give small businesses greater flexibility on how they use loan proceeds; Warren Buffett’s company dumped 10 million of its nearly 12 million shares in the bank.

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JPMorgan tests its Amazon-Berkshire health venture on bank employees

11/01/19

JPMorgan Chase and Amazon.com have begun testing the new health care venture they're developing with Warren Buffett's Berkshire Hathaway, rolling out some of the new offerings to employees in a handful of states.

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Banks perform well despite falling interest rates; Berkshire wants more BofA

10/16/19

Third quarter profits at JPM, Wells Fargo and Citigroup got a boost from consumer banking; the company tells Fed it will remain a passive investor.

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Warren Buffett seeks Fed leeway to boost stake in BofA past 10%

10/15/19

Warren Buffett's Berkshire Hathaway is seeking permission from the Federal Reserve to potentially increase its stake in Bank of America to more than 10%, a level that often triggers a regulatory review.

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Trump, bank executives huddle; Bitcoin futures trading near

08/19/19

The president discussed the recent market turmoil with three large bank CEOs; a daily and a monthly bitcoin contract expected next month.

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Why Apple card will succeed; Opening the Fed payments system

08/14/19

Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.

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Berkshire Hathaway's BofA stake climbs above 10% amid bank's buybacks

07/26/19

The conglomerate run by Warren Buffett has tried in the past to keep its holdings below the 10% threshold in order to avoid heightened regulatory scrutiny.

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Facebook plans crypto-based payments system; Sloan was a keeper

05/03/19

Digital coin could be used for purchases across the internet; Berkshire vice chair says he would have let Sloan stay on at Wells.

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