Profits at Warren Buffett’s Berkshire Hathaway reach $36 bn as stocks surge

Profits rebounded at Warren Buffett’s conglomerate along with the value of its USD 353 billion stock portfolio in the second quarter to hit USD 35.9 billion, and Berkshire Hathaway’s assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico. Berkshire Hathaway said on Saturday that its profits… Continue reading Profits at Warren Buffett’s Berkshire Hathaway reach $36 bn as stocks surge