Saturday, 8 August 2020

Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown

Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown for its Precision Castparts aircraft and industrial parts business, as the coronavirus pandemic punished Warren Buffett's largest acquisition and caused 10,000 job losses.

from Top Business News- News18.com https://ift.tt/33DWsMr

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