Berkshire Hathaway Reports Q1 Loss of $49B; Buffett Says U.S. Will Recover
Omaha, NE, May 4, 2020-Berkshire Hathaway, which owns Shaw Industries, reported a $49.7 billion loss for Q1 2020, compared to a $21 billion gain in the same period of 2019, but at an annual stakeholder meeting on May 2, Berkshire Hathaway CEO Warren Buffett offered that the U.S. economy will recover steadily from the coronavirus pandemic, reports the Wall Street Journal.









