Profit up 87% at Buffett's firm but virus slows businesses

Warren Buffett's company reported an 87% jump in its secondquarter profit as the value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic impact of the coronavirus pandemic.

from Top Business News- News18.com
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Profit up 87% at Buffett's firm but virus slows businesses Profit up 87% at Buffett's firm but virus slows businesses Reviewed by Team Exprssnews on August 08, 2020 Rating: 5

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