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Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown

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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
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Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown Reviewed by Team Exprssnews on August 08, 2020 Rating: 5

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