Warren Buffett's Berkshire Hathaway Operating Earnings Drop, as Cash Pile Hits Record High

Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) on Saturday reported first-quarter operating earnings that dropped 14.1% year-over-year. The Omaha, Neb.-based conglomerate posted operating earnings of $9.64 billion, down from $11.22 billion a year ago, as profits from Berkshire’s insurance…