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Berkshire Hathaway's Profits Fall on Wildfire Losses
Financial Express Lucknow
|May 04, 2025
Warren Buffett's company reported just over one-third of last year's profit as thousands of Berkshire Hathaway shareholders streamed into an Omaha arena to listen to the revered investor answer questions.
The profit numbers were weighed down by a major drop in the value of its investments and $860 million in insurance losses related to policies that Geico and its other insurance companies wrote before the devastating Southern California wildfires.
Esta historia es de la edición May 04, 2025 de Financial Express Lucknow.
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MÁS HISTORIAS DE Financial Express Lucknow
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Financial Express Lucknow
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