Warren Buffett’s Berkshire Hathaway is getting out of one of America’s oldest companies: General Electric. Berkshire received most of the shares after the investor lent roughly $3 billion to GE in October 2008 during the depths of the financial crisis.
NYS Entity Status
NYS Filing Date
JUNE 03, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2014 - BERKSHIRE LIFE ADJUSTERS
2014 - BERKSHIRE LIFE INSURANCE COMPANY OF AMERICA
AROUND THE WEB
- Warren Buffett Cashes Out on GE, Cashing In on Crisis Loan
Tuesday Aug 15, 2017
- NY insurance company dragged into Wells Fargo scandal
By Kevin Dugan - Tuesday Aug 1, 2017
The New York insurance company that wrote policies for 800,000 questionable Wells Fargo auto loans has been dragged into the bank’s latest scandal. National General Insurance was named in a class-action lawsuit filed against the bank — for allegedly unduly profiting from $80 million in collateral protection insurance that the drivers didn’t need — and...
- AquaBounty Lines Up First U.S. Fish Farm With Deal for Indiana Site
By Frank Vinluan - Tuesday Jun 13, 2017
When salmon from AquaBounty Technologies reach grocery stores and restaurants, some of them will come from America’s heartland. AquaBounty (NASDAQ: AQB) has agreed to pay $14 million in cash to acquire some of the assets of Bell Fish Company, including that company’s fish farm in Albany, IN. The deal will give Maynard, MA-based AquaBounty its […]
- NY AG presses TransUnion, Experian for cybersecurity details
By DAVID KLEPPER, Associated Press - Tuesday Sep 19, 2017
ALBANY, N.Y. (AP) — New York Attorney General Eric Schneiderman is pressing TransUnion and Experian to explain what cybersecurity they have in place to protect sensitive consumer information following a recent breach at Equifax that exposed the data of 143 million Americans.In letters to executives at the two credit monitoring companies, the Democratic attorney general asked them to describe their existing security systems as well as what changes they've made since the Equifax cyberattack."The unprecedented data breach experienced by Equifax Inc.
- Berkshire Hathaway nets $11.5B from Bank of America deal
By Kevin Dugan - Tuesday Aug 29, 2017
Warren Buffett’s Berkshire Hathaway is about $11.5 billion richer, thanks to Bank of America. Buffett’s firm pulled the trigger on a 2011 options deal that lets it buy 700 million shares — at a 30 percent discount to its share price — all for bailing out the bank when it was facing questions about its...
- Health Insurers Looking To Charge Higher Individual Premiums In 2018. Which Americans Will Be Hit Hardest?
By Chris Morran - Thursday Aug 10, 2017
Health insurance companies that sell individual coverage plans through state exchanges are currently in the process of setting the rates they will charge customers for 2018. And the uncertainty over the state of America’s health care laws and President Trump’s repeated threats to summarily cut off billions of dollars in federal subsidies to insurers has many of these companies asking …