Operating profit

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 …

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Buffett’s Firm Reports $44B Loss as Portfolio Value Plunges | Local business news

Josh Funk AP business writer Warren Buffett’s Berkshire Hathaway reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and it bought significantly fewer shares, but the company’s many operating companies generally performed well. Omaha-based Berkshire said Saturday that a $53 billion largely unrealized decline in the value …

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