Berkshire Hathaway, owned by mega-investor Warren Buffett, contributed US$350 million to the newspaper The New York Timesaccording to the company’s portfolio update, which was submitted on Tuesday, 17th, to the Securities and Exchange Commission (SEC).
The report refers to the fourth quarter of last year, the last in which the company was led by Buffett, aged 95.
The investment in Times represents a shift in the company’s policy, which in 2020 divested itself of all investments it had in the sector.
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Berkshire Hathaway also increased its stake in the oil company Chevron, shortly before United States President Donald Trump launched the military operation that captured Venezuelan dictator Nicolás Maduro in Caracas at the beginning of the year. Source: Associated Press*.
*Content translated with the help of Artificial Intelligence, reviewed and edited by the Editorial Team BroadcastGrupo Estado’s real-time news system.
