Balanced News: Berkshire Hathaway’s operating earnings increase 12% in the first quarter, cash hoard tops $130 billion

Warren Buffett’s Berkshire Hathaway reported strong first quarter earnings, with gains in its insurance and rail businesses offsetting drops in its other businesses. The cash hoard increased to $130.616 billion, the company’s most since the first quarter of 2021. Berkshire also repurchased $4.4 billion worth of stock.