Berkshire Hathaway Profit Falls as Buybacks Hit $9.6B
Berkshire Hathaway earnings fell in the third quarter, the company reported on Saturday, in the first set of results published since Greg Abel took over as chief executive from Warren Buffett. Operating earnings dropped 5.8 percent from a year earlier to $12.7 billion, while net earnings fell 28 percent to $22.11 billion. Revenue rose 11 … Read more