• United Parcel Service has sued the European Commission after it blocked a 2013 deal for the Dutch delivery company TNT Express, which was later bought by its shipping rival FedEx. Berkshire’s goal is to substantially increase the earnings of its non-insurance group. For that to happen, we will need to make one or more huge acquisitions. We certainly have the resources to do so. At year end Berkshire held $116.0 billion in cash.