Berkshire Profit Jumps to Record $6.4B

Aug. 1 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway said second-quarter profit rose 41 percent to a record on investments, including a gain tied to the exit of most of his stake in the former publisher of the Washington Post. Cory Johnson has the numbers on "Taking Stock." (Source: Bloomberg)

How Long Will Chinese Growth Rates Decline For?
52:34 - China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. UBS Head of Global Asset Allocation Mads Pedersen discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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