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Berkshire Hathaway Posts a Drop in Earnings in Buffett’s Last Year

In his first report as C.E.O., Gregory Abel, stuck to a straight commentary rather than Warren Buffett’s folksy tone. The lower earnings were largely driven by declines in the insurance business.

Berkshire Hathaway on Saturday published its last report card on its Warren Buffett era, and started to lay out what it will look like under his replacement.
The conglomerate, whose operations include both big insurers and a collection of businesses … [1428 chars]

Source: The New York Times | Published: 2026-02-28T14:59:19Z

Credit: The New York Times

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