Tue, 21-Oct-2025

Berkshire quarterly earnings slump as shareholders gather

Berkshire

Due to a reduction in the paper value of its investments, Berkshire Hathaway, the holding company of billionaire businessman Warren Buffett, had its net profit plummet by 53% in the first quarter. The news came as the company prepared for its much-anticipated annual shareholder meeting in Omaha, Nebraska, on Saturday, its first in-person meeting since … Read more