Berkshire Hathaway Operating Profit Sets Record But Posts Quarterly Net Loss
Berkshire Hathaway, the conglomerate run by businessman Warren Buffett, reported its operating earnings in its most recent quarter jumped more than 40% from a year ago but posted its first net quarterly loss in a year.
Netflix has reported that its password crackdown has led to growth in subscriber numbers, announcing it added 8.8 million subscribers worldwide between July and September.