Berkshire Hathaway’s cash pile surged to a record $157 billion (NZ$261.9b) in a quarter in which chief executive Warren Buffett continued to sell stakes in.
Pilot Travel Centers has repeatedly objected to Berkshire Hathaway’s shift to pushdown accounting rules, according to the Delaware Chancery Court complaint, which was made public on Thursday. Using those rules works to “unfairly harm Pilot and benefit Berkshire,” the chain’s lawyers wrote.
The number of buildings in Downtown Cincinnati with “for lease” and “closed” signs is still growing, even as the country recovers from the pandemic.