UPDATE 4-Buffett’s Berkshire posts nearly $50 bln loss as coronavirus causes pain
02 May UPDATE 4-Buffett’s Berkshire posts nearly $50 bln loss as coronavirus causes pain
Posted at 01:23h
in
News
by KMFSLLP
Warren Buffett’s Berkshire Hathaway Inc
is being hit hard by the coronavirus pandemic, posting
a record quarterly net loss of nearly $50 billion on Saturday
and saying performance is suffering in several major operating
businesses.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/DhakQ4zt9Zo)
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