Berkshire Hathaway's Profits Rise 17% as Warren Buffett Prepares to Step down as CEO

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OMAHA, Neb. (AP) — The profits of Warren Buffett ‘s company improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway prepares for the legendary 95-year-old investor to relinquish the CEO title in January.

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