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News in English (USA) / 05.08.2025 / 01:00

Berkshire Hathaway Faces Declining Profits Amid Kraft Heinz Write-Down and Tariff Concerns

Berkshire Hathaway has reported a significant decline in its operating earnings, down 4% as the company grapples with a $3.8 billion write-down of its Kraft Heinz investment and the adverse effects of tariff uncertainties. Following these disappointing earnings results, shares of the conglomerate have dipped by 3.4%, with investors expressing disappointment over the lack of stock buybacks. CEO Warren Buffett has indicated that these economic headwinds are impacting profitability across its consumer goods businesses, as the company navigates a challenging market environment influenced by trade policies.
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