Berkshire Hathaway posts 40% surge in operating earnings and record cash
By Krystal Hur and Parija Kavilanz, CNN New York (CNN) — Warren Buffett’s Berkshire Hathaway on Saturday reported a surge in third-quarter operating earnings and a record-high cash pile of $157 billion. Operating income totaled $10.8 billion, up from $7.7 billion, or a 40.6% increase from a year ago. Berkshire reported a net loss of
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