Summary by Ground NewsBerkshire Hathaway Inc (BRKa.N) on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting.
Published 3 months ago · Omaha, United States
Buffett's Berkshire loses money as stocks, Hurricane Ian offset higher demand
Berkshire Hathaway posted a $2.69 billion quarterly loss as rising inflation, falling stock investments and Hurricane Ian offset improvement in many of the conglomerate's businesses.
3 months ago·United KingdomRead Full Article
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