Economics

Berkshire Rises to Highest Since 2008 as Buffett Touts Growth

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Berkshire Hathaway Inc. rose to a 23-month high after Chief Executive Officer Warren Buffett said the company is expanding with the U.S. economy.

Berkshire’s Class A stock advanced $790 to $125,300 yesterday in New York Stock Exchange composite trading. Berkshire last closed above $125,000 on Oct. 6, 2008.