Bloomberg Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound from a rough 2017. The company’s operating profit doubled last quarter, capitalising on trends ranging from more train traffic on its railroad to a surge in demand for electronic components. The biggest boost came from the insurance division, where ...

Bloomberg WPP Plc Chief Executive Officer Mark Read is off to a disappointing start for investors with a cut to the ad giant’s outlook, triggering the company’s biggest share slump in almost two decades. The owner of Ogilvy, Grey and J. Walter Thompson said it now expects sales to fall this year and its profit margin to decline as it ...

Bloomberg Apple Inc. shares had their worst day since 2014 amid concerns that growth in its powerhouse product, the iPhone, is slowing. In the fiscal fourth quarter, Apple said iPhone unit sales barely grew from a year earlier, even though new flagship devices came out in the period. At the same time, Apple said it would stop providing unit sales ...