Berkshire Hathaway Gobbles Up $1.6B In Shares Of UnitedHealth Group
The disclosure in a filing Thursday gave a much-needed boost to the beleaguered health insurance giant, which saw shares jump as much as 9.6% in post-market trading. In other news: Nike co-founder Phil Knight and his wife are giving $2 billion to Oregon Health & Science University’s Knight Cancer Institute — the largest known single gift to a U.S. university, The Wall Street Journal reported.