Buffett’s Firm Reports a $44 Billion Loss, But Its Business is Prospering | Local business news
Josh Funk AP business writer Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments slumped, but Berkshire Hathaway’s many operating companies generally performed well, suggesting the broader economy is holding up withstand inflation and rising interest rates. Berkshire said Saturday that a largely unrealized decline …