Berkshire Hathaway posts 4% dip in Q2 operating profit, writes down Kraft Heinz stake

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Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums and broader economic uncertainty. Operating income dropped to $11.16 billion in the three months ended June, from $11.6 billion in the same period a year ago. The Omaha-based conglomerate also disclosed a $3.8 […]

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