Berkshire Hathaway

JPMorgan tests its Amazon-Berkshire health venture on bank employees


JPMorgan Chase and 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.


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


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.


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


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.


Trump, bank executives huddle; Bitcoin futures trading near


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


Why Apple card will succeed; Opening the Fed payments system


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.


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


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.


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


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


Buffett raises bets on big banks, adds stakes in JPMorgan, PNC


Berkshire Hathaway plowed $13 billion into bank stocks in the third quarter that included new investments in JPMorgan and PNC and additional investments in Bank of America and Goldman Sachs.


More changes at Goldman; SunTrust outage continues


Goldman's lending and deposit-taking division gets a new chief, while its EMEA head take's responsibility for Goldman's business outside North America; SunTrust's website and mobile app down for second day.


JPM-Berkshire-Amazon health venture answers one big question: Who will lead it?


The companies announced Dr. Atul Gawande, a professor at Harvard and the author of several books on health care, will lead the new health venture starting July 9. But other questions remain unanswered.