Investing.com -- Legendary investor Warren Buffett announced Saturday that he will step down as the CEO of Berkshire Hathaway (NYSE:BRKa) after six decades at the helm. He will be leaving the long-held post at the end of this year. Buffett was speaking at the company’s annual meeting in Omaha, Nebraska.Buffett’s successor has been confirmed as Greg Abel, who currently serves as the vice ...
Investing.com -- Tesla (NASDAQ:TSLA) could play a major role in helping the U.S. catch up to China in the race to develop autonomous machines, a contest Morgan Stanley frames as one of geopolitical and national security importance.In a new report, the bank says that China currently holds a significant lead in the field of “embodied AI” — including autonomous vehicles, drones, and humanoid ro ...
ADEN (Reuters) -Yemen has appointed Salem Saleh Bin Braikas, who served as finance minister in the previous cabinet, as prime minister, the presidential council said in a statement on Saturday. Ahmed Awad bin Mubarak, prime minister of Yemen’s internationally recognised government, said he had resigned after facing "many difficulties" including being unable to reshuffle the government. He had cl ...
(Reuters) -Warren Buffett announced he would pass the reins as CEO to Vice Chairman Greg Abel, as he presided over his 60th Berkshire Hathaway (NYSE:BRKa) shareholder meeting on Saturday, giving views on everything from trade to investment opportunities for the conglomerate. The meeting comes against a backdrop of a rollercoaster start to the year from markets which have reacted to uncertainty ov ...