Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway

Warren Buffett addresses shareholders at the annual meeting of his Berkshire Hathaway Inc, which is being virtually broadcast due to the coronavirus disease.

(REUTERS): Billionaire investor Warren Buffett on Saturday said the United States' capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global pandemic could significantly damage the economy and his investments.

Over more than 4-1/2 hours at the annual meeting of Berkshire Hathaway Inc, Buffett said his conglomerate has taken many steps responding to the pandemic, including providing cash to struggling operating units, and throwing in the towel on a multi-billion-dollar bet on U.S. airlines.