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Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss

by Edgar Davis
Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss

Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile investment it made more than five years ago. The Warren Buffett firm invested …

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Warren Buffett’s Firm Backing Out Of GM Stocks An ‘Ominous’ Sign

by Horatio Thompson
Warren Buffett’s Firm Backing Out Of GM Stocks An ‘Ominous’ Sign

Good morning! It’s Thursday, November 16, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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America’s EV Adoption Stalls Over High Cost And Low Range

by Horatio Thompson
America’s EV Adoption Stalls Over High Cost And Low Range

Good morning! It’s Tuesday, October 31, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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BYD’s third-quarter profit soars to record after beating Tesla and others in EV deliveries, capping costs

by Anas Siddiqui
BYD’s third-quarter profit soars to record after beating Tesla and others in EV deliveries, capping costs

BYD, the world’s largest electric vehicle (EV) maker, reported on Monday its highest ever quarterly profit for the period ending September, buoyed by surging deliveries and a cost-cutting campaign driven …

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BYD Will Overtake Tesla As Biggest Electric Car Maker

by Horatio Thompson
BYD Will Overtake Tesla As Biggest Electric Car Maker

Visitors inspect a BYD Co. Seal electric sedan on day two of the Munich Motor Show (IAA) in Munich, Germany, on Wednesday, Sept. 6, 2023. Europe’s automakers are showing off …

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Safety Inspector Fired For Finding ‘Too Many Defects’ Could Cost Railroad Millions

by Horatio Thompson
Safety Inspector Fired For Finding ‘Too Many Defects’ Could Cost Railroad Millions

You would think that if you worked as a track inspector for a railroad company, reporting defects would make you good at your job. After all, wouldn’t the company want …

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VinFast Is Now Worth More Than Any Of America’s Big Three

by Horatio Thompson
VinFast Is Now Worth More Than Any Of America’s Big Three

Good morning! It’s Wednesday, August 16, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Warren Buffett-Backed EV Maker BYD Says First-Half Profit May Have More Than Tripled

by Anas Siddiqui
Warren Buffett-Backed EV Maker BYD Says First-Half Profit May Have More Than Tripled

Bill Gates (R) gestures while standing on stage with fellow billlionaires Warren Buffett (2nd R), … [+] Charles Munger (2nd L) and BYD Chairman Wang Chuanfu (L) during the nationwide …

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