WYOMISSING, Pa. – After several decades, the iconic Berkshire Mall in Wyomissing is under contract to be sold. Local leaders hope the move leads to a much brighter future for the aging mall. "Leaks in ...

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Berkshire Hathaway remains attractive post-Buffett, supported by a robust business portfolio and $344B in cash reserves. The company is also undervalued, trading at a P/E below market average, with ...

Berkshire Hathaway’s long-time chief and genius stock-picker is stepping down at the end of this year. Fearing his absence will undermine the conglomerate’s long-term market-beating performance, ...

'Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion set following the December 2023 announcement of its ...

Occidental Petroleum will sell its chemicals arm OxyChem to Warren Buffett's Berkshire Hathaway for $9.7 billion, the company said on Thursday, marking its biggest divestment yet to slash debt after ...

Berkshire Hathaway is buying Occidental Petroleum’s chemical division for $9.7 billion in what may be the last big acquisition involving the consummate dealmaker, Warren Buffett. Buffett wasn’t ...

Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.

Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) today announced it has signed an agreement to acquire Occidental Petroleum Corporation’s (NYSE: OXY) petrochemical subsidiary, OxyChem, for approximately ...

Oct. 2 (UPI) --Berkshire Hathaway will purchase Occidental's chemical business, OxyChem, for $9.7 billion, the two companies announced Thursday. Berkshire Hathaway and Occidental said they expect to ...

Berkshire Hathaway, the Warren Buffett-owned conglomerate, has announced its biggest deal in three years with the planned acquisition of OxyChem for $9.7 billion. This will be Buffett’s biggest deal ...

Berkshire Hathaway is negotiating the acquisition of the petrochemicals business of Occidental Petroleum in a deal that could fetch $10 billion for the oil major, the Wall Street Journal has reported, ...