Berkshire Hathaway posts 34% jump in quarterly earnings, record $381.6 billion cash pile
Berkshire Hathaway posted a sharp 34% jump in third-quarter operating earnings, hitting $13.485 billion, while its cash stash ballooned to an all-time high of $381.6 billion. According to its earnings report, this massive profit surge came from a more than 200% surge in insurance underwriting income, which totaled $2.37 billion. But while the cash keeps [...]