Berkshire Hathaway Returns to Quarterly Profit on Insurance

A close up of upwardly pointing arrows surround the face of Benjamin Franklin on the U.S. one hundred dollar bill.

Warren Buffett’s Berkshire Hathaway Inc. swung to a quarterly profit on stock-market gains and better results from its insurance business. Berkshire reported first-quarter net income of $11.7 billion, or $7,638 per Class A share equivalent, compared to a loss of $49.7 billion, or $30,653 per Class A share equivalent, in the year-earlier period. Operating earnings,… Continue reading Berkshire Hathaway Returns to Quarterly Profit on Insurance