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

OMAHA, Neb. (AP) — 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 prepares 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 […]


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