Tag: berkshire

  • Warren Buffett steps down as Berkshire chair, becomes chairman emeritus

    Warren Buffett steps down as Berkshire chair, becomes chairman emeritus

    Sept 18 : Berkshire Hathaway said on Friday that Warren Buffett will step down as the conglomerate’s chairman and will become its chairman emeritus, effective immediately.Earlier this year, Buffett had stepped down as CEO, handing the reins to longtime lieutenant Greg Abel.”Father Time always wins. He

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  • Berkshire CEO Abel says AI to help power growth

    Berkshire CEO Abel says AI to help power growth

    NEW YORK, Sept 2 : Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after Berkshire made Alphabet its third-largest common stock holding.Abel separately said American consumers remain under stress from elevated inf

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  • Berkshire CEO Abel sees opportunity for energy business from AI

    Berkshire CEO Abel sees opportunity for energy business from AI

    NEW YORK, Sep 2 : Berkshire Hathaway Chief Executive Greg Abel said on Wednesday he sees significant opportunities for the conglomerate’s energy business from the buildout of AI data centers, after Berkshire made Google parent Alphabet its third-largest common stock holding.Speaking on CNBC, Abel said he vie

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  • Alex Crippen

    Alex Crippen

    Alex Crippen is senior coordinating producer at CNBC.com. He started with CNBC television in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.

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