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Berkshire Hathaway operating earnings soar 39% as Buffett's cash hoard swells to record $188 billion

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Berkshire Hathaway Inc News

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Berkshire Hathaway reported a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.

The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company's wholly owned businesses — that surged 39% to $11.22 billion from the year-earlier period.

The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company's wholly owned businesses — that surged 39% to $11.22 billion from the year-earlier period.

 

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