Warren Buffett’s Berkshire posts record loss of $50 billion, operating profit rises
NEW DELHI: Berkshire Hathaway Inc, of Warren Buffett, posted a record net loss of nearly $ 50 billion on Saturday when the coronavirus pandemic hit its investments in common stock, but operating profit increased even as COVID-19 hurt its business . Berkshire's first-quarter net loss totaled $ 49.75 billion, or $ 30,653 per Class A […]