Warren Buffett's Berkshire Hathaway Swings to a Rare Loss

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Warren Buffett's Berkshire Hathaway Swings to a Rare Loss

Warren Buffett's Berkshire Hathaway swung to a rare loss in the first quarter, hurt by lower insurance premiums and the impact of an accounting rule change on unrealized investment losses. … A new accounting rule requires Berkshire to include its unrealized investment gains or losses in its net income.
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Lebanon's Parliamentary Elections

Lebanon is holding its first parliamentary elections in 9 years. @donnaan1 explains what's at stake #tictocnews (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices Website Feedback Help
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SUNY College's Rachael Petito Is Filing Taxes for Free

Rachael Petito, 25, from Long Island, N ew York is a senior at SUNY College at Old Westbury where she studies accounting. After graduating this upcoming fall, she will start her master's program in either tax accounting, accounting or forensic accounting. On top of her 8 a.m. to 8 p.m. school schedule
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Buffett's Berkshire Hathaway, hit by accounting change, reports net loss of $1.1 billion

Billionaire Warren Buffett's warning that a new accounting change would cause “truly wild swings” in his company's quarterly earnings is now a reality. Berkshire Hathaway reported a rare net loss of $1.1 billion in the first quarter, but the decline was due largely to a new rule that requires it to report
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Why Wall Street's Worried About Tesla

By STAN CHOE and ALEX VEIGA, AP Business Writers. Elon Musk's track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high …
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