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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Berkshire Hathaway Warns of 'Adverse Consequences on Most, If Not All, Operating Businesses' as Q2 Results Reflect Mounting Global Pressures

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Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) is facing the heat from global trade tensions and tariff headwinds, as weak insurance and investment hits dragged down its second-quarter performance reported on Saturday morning.

The Omaha-based company’s operating earnings dipped 3.8% to $11.16 billion in the latest quarter. Sluggish insurance underwriting and a bruising $3.8 billion blow from its stake at The Kraft Heinz Company (NASDAQ:KHC) weighed on profits.

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