Berkshire Hathaway posted another double- digit increase in operating profit thanks to a steady recovery in its rail, utilities and energy businesses from the pandemic, while the company's cash holdings hit a record high as Warren Buffett continues to sit on the sidelines. Read more.
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As a result of improved results at Berkshire Hathaway's railroad, utilities, and energy companies, Berkshire Hathaway's second-quarter net earnings rose 7%. Read more.