Burlington Northern

Berkshire Hathaway 2Q Profit Falls 7.7% as Derivatives Loss Offsets Burlington Gain

Warren Buffett's Berkshire Hathaway reported that second-quarter earnings fell 7.7% from a year earlier after a loss from derivatives more than offset operating gains from its February acquisition of railroad operator Burlington Northern Santa Fe.

Buffett Sees No Double-Dip Recession in U.S.

Berkshire Hathaway CEO Warren Buffett says that a second, near-term recession in the U.S. is unlikely. Buffett, one of the most successful investors in the world, also says his companies have boosted hiring over the past couple of months.

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