Pirc tells Barclays shareholders to vote against pay report

Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder rebellion over executive pay at the UK lender. Pirc, which advises large shareholders, has recommended voting against Barclays’ remuneration report at its annual general meeting on 4 May, citing concerns over the pay of its highest paid … Read more

Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying.  That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $11.6 billion deal to buy insurer Alleghany Corp. Y … Read more

Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting

OMAHA, Neb.—The Berkshire Hathaway annual shareholders meeting is back in person for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addressed the company’s massive stock purchases in the first quarter, the performance of its collection of businesses, and added his signature folksy anecdotes and life advice. Tens of … Read more