Business
New York Times Stock Slips Despite Berkshire Hathaway Stake-Building
Berkshire bought 5.1 million shares of the New York Times during the December quarter, Warren Buffett’s last few months as chief executive.
It sold stock in Apple, marking the third-straight period it cut its stake in the iPhone maker.
Berkshire slashed its stake in Amazon by 77%.
It also unloaded shares of Bank of America.