Berkshire takes $377 million charge Unlisted Video

On Wednesday Warren Buffett’s Berkshire Hathaway said a $377 million charge it incurred recently was tied to a solar generation company that U.S. authorities have linked to fraud. Reuters reports that Berkshire said in its first-quarter report on Saturday it had invested $340 million in various tax equity investment funds from 2015 to 2018, before learning that federal authorities had alleged “fraudulent income conduct” by the funds’ sponsor.