Berkshire Hathaway - BRK.A - BRK.B (USA)

OMAHA, Nebraska (Reuters) -Berkshire Hathaway shareholders on Saturday rejected a resolution requiring the company to report on risks from its subsidiaries' race-based initiatives, one of seven proposals tied to diversity, artificial intelligence and other issues that were voted down.

Shareholders also voted against a resolution that Berkshire report on how its business practices affect employees based on race, color, religion, sex, national origin and political views.

Also voted down were proposals requiring Berkshire's board of directors to create a committee to oversee diversity and inclusion, having independent directors oversee AI-related risks, and requiring a report on "voluntary" environmental activities that exceed federal and state requirements.

President Trump's April 2 "Liberation Day" reciprocal tariff announcements sent stocks tumbling. The S&P 500 (^GSPC) fell more than 10% over the next three trading days, marking one of the worst crashes since World War II. At its lows, the index was down over 19% from record highs reached in February.

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