Hints and tips:
...Greg Abel, Buffett’s anointed successor, and Todd Combs and Ted Weschler, his investment deputies, are lined up to steer the giant. They have a tough act to follow....
...The challenges confronting Buffett’s successors The passing of Berkshire Hathaway’s acerbic vice-chair Charlie Munger in November turned investors’ attention towards the company’s prospects without Warren...
..., make interest payments, fund debt maturities and increase BHE’s reliance on debt”....
...Our Best of Warren Buffett coverage to start: The Oracle of Omaha laid bare the challenge for his successors in his annual letter this weekend: they have little chance of matching his “eye-popping performance...
...“There are a lot of industry emissions that can now be captured economically under that $85 tax credit . . . and our strategy is to build that business as rapidly as we can,” Kendall said....
...The anointment of Greg Abel as Buffett’s successor has also stoked expectations of more energy investment, as he rose through Berkshire’s energy unit and worked on some of the company’s bigger deals in the...
...It also pumps out annual ESG reports, short for environmental, social and governance, as well as “journey to sustainability” reports and “culture, diversity, equity and inclusion” reports....
...The New York hedge fund has undergone an overhaul after being swept up in an avalanche of high interest rates and tumbling tech stocks....
...The moves in the stock market have been spurred largely by a shift from the Federal Reserve, which is readying to raise interest rates for the first time since 2018 as it works to tame inflation and curb...
...stake in the car part-maker Continental AG as Covid-19 batters the auto industry....
...“We offer an industry-leading clean-energy profile which includes a comprehensive net-zero target by 2050 for both carbon and methane emissions as well as one of the nation’s largest zero-carbon electric...
...Both she and her successor Jennifer Piepszak are in the running to replace the bank’s chief executive Jamie Dimon, though he is showing no signs of going anywhere any time soon. What crisis?...
...Greg Abel, its chairman and former chief executive, is tipped as the most likely successor to Mr Buffett to run Berkshire Hathaway itself....
...The flurry of interest has emboldened the industry’s critics and prompted executives and analysts to start asking a question that until recently seemed inconceivable: What form should any forced break-ups...
...Warren Buffett: key moments August 30 1930 Warren Buffett is born in Omaha, to Leila and Howard Buffett....
...The two worked together when Mr Duperreault ran Marsh & McLennan in the wake of the financial crisis. Seen by some in the industry as a possible successor to Mr Duperreault....
...Family businesses often have to go outside to find successors to the founders....
...Dealers are likely to slash prices to pump up sales, analysts say....
...But now, as then, you do not necessarily need profits or paying customers to draw investor interest but rather “users” in a hot market niche....
...Like banks, insurers are poised to benefit from higher interest rates, which should boost their investment income, and lighter financial regulation....
...Both companies have struggled to increase sales recently. Any deal is likely to face stiff political opposition, just as bids for Cadbury and AstraZeneca did....
...First deployed in sectors such as quantitative finance, the use of algorithms is now entrenched in the airline and hotel industries and on online retailers such as Amazon....
...“AI is expected to penetrate various industries and Mr Son wants to create an underlying platform to support those industries.”...
...(FT) In the news Markets galvanised by Chinese rate cut The Chinese central bank cut interest rates for the second time in three months in an effort to prop up the slowing economy and stave off the threat...
...to reshape the industry....
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