Warren Buffett’s Berkshire controls stock buybacks and posts losses of $43.8 billion
Warren Buffett’s Berkshire Hathaway sharply slowed new investments in the second quarter after setting an accelerated pace earlier this year, as a U.S. stock market selloff pushed the railroad insurance conglomerate into a loss of 43.8 billion dollars. Berkshire said on Saturday that the slump in global financial markets had weighed heavily on its stock …
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