Fitch cuts Berkshire Hathaway credit rating

Fitch Ratings cut its credit ratings on Berkshire Hathaway from the top rating, saying no financial-oriented holding company should be rated AAA because of significant market volatility.

The rating agency has been reviewing ratings of insurance and financial services company amid the US recession and global economic downturn, resulting in the downgrades of many companies' ratings.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions