Warren Buffett: Berkshire dumps all airline stocks
Berkshire Hathaway (Warren Buffett) said that the conglomerate has sold all positions in the U.S. airline industry because of coronavirus. The news was announced on Saturday afternoon from Omaha came after Berkshire Hathaway reported first-quarter earnings. The total position of $4 billion dollars, included positions in United, American, Southwest and Delta Airlines. In total this…