Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. The company wholly owns GEICO, DuraCell, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets, and also owns 38.6% of Pilot Flying J; 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%).
Since 2016, the company has acquired large holdings in the major US airline carriers, and is currently the largest shareholder in United Airlines and Delta Air Lines, and a top three shareholder in Southwest Airlines and American Airlines. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt.
The company believes that most differences between employees and the company can be successfully resolved through internal processes. However, if any claim, controversy or dispute arises with the company resulting from or related to an employee’s employment or termination of employment, it will be submitted for arbitration and resolution (unless prohibited by law) exclusively to an arbitrator, except that any arbitration decisions may be enforced by court order. The company believes this is a more effective and more economical way to resolve disputes for both the company and an employee. -HomeServices Human Resources Employee Policy (2013)