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Business: Turnabout II

Business: Turnabout II
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Buffett's Berkshire Posts Record Cash as Operating Earnings Rise

Buffett's Berkshire Posts Record Cash as Operating Earnings Rise
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Buffett's Berkshire Posts Record Cash as Operating Earnings Rise | International Business News

International Business News: Warren Buffett’s Berkshire Hathaway Inc. posted an increase in operating earnings as higher interest rates and fewer catastrophes benefited the conglomerate’s insurance business. The firm reported fourth-quarter operating earnings of $8.48 billion, versus $6.63 billion for same period a year earlier. The results were helped by a jump in insurance underwriting earnings and investment income amid higher interest rates and milder weather. The firm’s cash pile also set a fresh record at $167. ....

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