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Des Moines resident tapped as future Berkshire Hathaway CEO is a 'grounded,' 'brilliant,' friends say

Des Moines resident tapped as future Berkshire Hathaway CEO is a grounded, brilliant, friends say Donnelle Eller, Des Moines Register © Contributed/Berkshire Hathaway Energy Billionaire Warren Buffett has tapped Des Moines resident Greg Abel to lead the massive conglomerate Berkshire Hathaway. Greg Abel is poised to become one of the most important business figures in the nation, but many may not know much about the 58-year-old Des Moines resident. Warren Buffett, 90, this ...
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Source: msn.com

Berkshire defends $8 bln Texas power proposal to combat blackouts - Governors' Wind Energy Coalition

Governors Wind Energy Coalition Berkshire defends $8 bln Texas power proposal to combat blackouts Source: By Jonathan Stempel, Reuters • Posted: Monday, May 3, 2021 Berkshire Hathaway Inc on Saturday defended its $8 billion proposal to build natural gas plants in Texas to help reduce the threat of devastating blackouts such as those in February. “When you look at the power sector (in Texas), it fundamentally let the citizens down,” Greg Abel, a Berkshire vice chairma...
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Wall Street logs gains Monday on strong earnings

Asian shares mixed after strong earnings, data lift Wall St ELAINE KURTENBACH, AP Business Writer May 3, 2021 FacebookTwitterEmail 6 1of6Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, May 4, 2021. Asian shares were mixed Tuesday after strong corporate earnings and economic data lifted stocks on Wall Street.Ahn Young-joon/APShow MoreShow Less 2of6Currency traders watch monitors at the foreign exc...
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Warren Buffett finally answers a billion-dollar question

Warren Buffett finally answers a billion-dollar question By Daniel Coughlin of Lovemoney | The Oracle of Omahas successor Warren Buffett has finally confirmed that his successor as Berkshire Hathaway CEO will be Greg Abel. At Berkshire Hathaways virtual annual meeting on Monday (1 May), 90-year-old Buffett reluctantly revealed that the current vice-chairman was lined up for the role "if something happened", despite the fact that Buffett had previously refused to comment on the subject in...
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Source: msn.com

Warren Buffett names his successor

Warren Buffett names his successor By Chris Isidore, CNN Business Published May 4, 2021 9:47:35 AM enablePagination: false endIndex: (CNN) — Warren Buffett said Monday that Greg Abel, the head of Berkshire Hathaways non-insurance business, will be his successor — although Buffett gave no indication that he will give up the top job at the conglomerate anytime soon. Abel has long been considered one of the two men likely to follow Buffett, along with Ajit Jain, who heads Berkshires insurance...
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Warren Buffett Says Bad Leaders Pose Biggest Risk to Companies - Governors' Wind Energy Coalition

Governors Wind Energy Coalition Warren Buffett Says Bad Leaders Pose Biggest Risk to Companies Source: By Chip Cutter, Wall Street Journal • Posted: Monday, May 3, 2021 Berkshire Hathaway CEO warns that business failures can occur if personable managers ‘put on an appearance’ of competence Warren Buffett, shown in 2018, has run Berkshire Hathaway for about five decades. Photo: rick wilking/Reuters Poor management is the top threat facing companies, according to Warre...
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Warren Buffett names Greg Abel as heir apparent at Berkshire Hathaway

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Canadian Greg Abel likely successor at Berkshire, Buffett tells CNBC

U.S. equity futures advance with European stocks Stocks that soared on COVID treatments are coming back to Earth Eric Nuttalls Top Picks: April 30, 2021 Stocks pare biggest monthly rally since November Doing the right thing pays off for ethical investors How to build a portfolio that outperforms for a century Jaime Carrascos Top Picks: April 29, 2021 Stephen Takacsys Top Picks: April 28, 2021 Varun Anands Top Picks: April 27, 2021 Tech weighs on U.S. stocks ahead of megacap earnings Jamie Murra...
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Analysis: Berkshire Hathaway faces headwinds as shareholders look to its future

BusinessAnalysis: Berkshire Hathaway faces headwinds as shareholders look to its future John MccrankJonathan Stempel 4 minute read Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking//File Photo Some Berkshire Hathaway shareholders are grappling with how Warren Buffett’s conglomerate will handle a thicket of post-pandemic challenges, including looming inflation, a ...
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