Berkshire Hathaway’s Cash Surges in Abel’s First Quarter as CEO


After a slight decrease late last year, the firm’s cash hoard jumped to $397 billion in the first quarter as it offloaded a net $8.1 billion of equity holdings in the period, the Omaha, Nebraska-based conglomerate said in a statement Saturday. Operating earnings, meanwhile, got a boost from an improvement in underwriting results in its vast insurance businesses.



Source link

  • Related Posts

    Airlines scramble to help stranded Spirit passengers after budget carrier collapses

    By David Shepardson and Laila Kearney May 2 (Reuters) – Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines ceased…

    Duffy explains why there was no bailout of Spirit

    IE 11 is not supported. For an optimal experience visit our site on another browser. Skip to Content news Alerts There are no new alerts at this time 00:52 Duffy…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Research roundup: 6 cool science stories we almost missed

    Research roundup: 6 cool science stories we almost missed

    U.S. Fast-Tracks Arms Deals Valued at $8.6 Billion to Mideast Partners

    U.S. Fast-Tracks Arms Deals Valued at $8.6 Billion to Mideast Partners

    Carney’s trip to Armenia happening as Ottawa’s foreign policy aims shift, expert says – National

    Carney’s trip to Armenia happening as Ottawa’s foreign policy aims shift, expert says – National

    2026 Kentucky Derby predictions, horses, odds, post time: Surprising picks from elite horse racing expert

    2026 Kentucky Derby predictions, horses, odds, post time: Surprising picks from elite horse racing expert

    The New Supersonic Aircraft Programs That Will Reshape Transatlantic Travel

    The New Supersonic Aircraft Programs That Will Reshape Transatlantic Travel

    Airlines scramble to help stranded Spirit passengers after budget carrier collapses

    Airlines scramble to help stranded Spirit passengers after budget carrier collapses