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Abel spoke at Berkshire's annual shareholder meeting, as the conglomerate's PacifiCorp utility defends against a slew of litigation over wildfires in Oregon and northern California. Fire victims ...
An Oregon jury awarded more than $35.5 million to 10 people who sued over wildfires that ravaged the state in 2020.
PacifiCorp is a subsidiary of Warren Buffet’s Berkshire Hathaway, a multinational conglomerate. The utility is worth $10.7 billion, according to its attorneys, while the Oregon Department of ...
OMAHA, Nebraska (Reuters) -Berkshire Hathaway Vice Chairman Greg Abel said on Saturday that "keeping the lights on" is no longer a priority for the conglomerate's utilities when the threat of ...
Abel says protecting public comes first during wildfires Abel says Berkshire cannot be insurer of last resort for wildfires Victims blamed PacifiCorp for 2020 Oregon, California wildfires OMAHA ...