NEW YORK (Reuters) - Warren Buffet said on Saturday that Vice Chairman Greg Abel should become Berkshire Hathaway (NYSE:BRKa)’s chief executive officer at the end of this year. Buffett’s announcement was made during Berkshire’s annual meeting in Omaha. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.BRKa: A Bull or Bear Market Play?Don't mi ...
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 ...