financial performance – Charm

Berkshire Hathaway’s profits rise 17% as Buffett prepares to step down

OMAHA, Neb. — The profits of Warren Buffett’s company improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway continues to prepare for the legendary 95-year-old investor to relinquish the CEO title in January. But last month’s $9.7 billion investment in OxyChem won’t do much to…

Asian shares trade mostly higher after stocks on Wall Street extend losses

Cs news7 months ago7 months ago04 mins

TOKYO (AP) — Asian shares were mostly higher in muted trading Wednesday, after discouraging signs about the U.S. economy sent Wall Street shares declining, and Investors are sifting through a slew of corporate earnings reports to assess how businesses may have been affected by U.S. President Donald Trump’s tariffs. Among Japanese companies, automakers Honda Motor…