US billionaire Warren Buffett’s Berkshire Hathaway reports first-year net profit decline of 53 percent in first quarter
US billionaire Warren Buffett’s Berkshire Hathaway reported a 53 percent year-over-year net profit decline of $ 5.46 billion, or $ 127.4 billion, in the first quarter. The conglomerate is not immune to the slowing US economy, the CNBC news server wrote. – Berkshire’s operating profit, which includes profits from countless joint ventures such as insurance … Read more