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Berkshire Hathaway · United StatesWarren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the conglomerate’s wholly owned businesses including insurance and railroads jumped 34% year over year to $13.485 billion in the third quarter. The gains were driven by a more than 200% surge in insurance underwriting income, which rose to $2.37 billion.See the Story
Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion
48% Center coverage: 59 sources
Nicolás Maduro · VenezuelaAmid the possibility of a U.S. war, Venezuelan President Nicolás Maduro reached out to Russia, China and Iran for military assistance, according to a report in the Washington Post on Friday.See the Story
Report: Maduro Reached Out to Russia, China and Iran for Military Support
51% Right coverage: 49 sources
