Jan 11 2018
Ajit Jain, head of Berkshire Hathaway Reinsurance Group, on April 30, 2016 at the annual meeting of Berkshire Hathaway in Omaha, Neb.
Berkshire's board will grow to 14 members from 12 with the addition of Abel and Jain.
Buffett said he had no idea about how or when things would go bad for Bitcoin and other cryptocurrencies, however: "When it happens or how or anything else, I don't know".
He said his company, Berkshire Hathaway, does not own any Bitcoin futures, nor is it taking a short position for Bitcoin or other cryptocurrencies.
Abel, now chairman and CEO of Berkshire Hathaway Energy, will assume the role as vice chairman of non-insurance business operations.
He declined to say how long he expected to remain at the helm but said: "Ten years would be a long time".
Oil Prices Hit Three-Year Highs on Growth, Geopolitics
The agreement, which was implemented at the start of 2017, was meant to rein in the global supply glut and raise prices. West Texas Intermediate (WTI) crude futures had risen to US$61.67 a barrel by 9:22 a.m.
American Red Cross makes urgent request for blood and platelet donations
A local organization is seeking blood donors after their supply dipped extremely low at the start of the new year. More than 150 drives were canceled across the country, including 10 in NY just last week.
President Trump Signs Order Disbanding Voter Fraud Commission
Jon Husted has said voter fraud does exist in OH , but it's rare. The email's subject line was "Dissolution of the Commission". Undoubtedly, this is the case in most other states.
"I love what I do at Berkshire", he said.
Buffett, 87, who was treated for prostate cancer some years ago, described himself in "remarkably good health" in the CNBC interview.
Abel, who grew up in Alberta, Canada, joined Berkshire Hathaway Energy in 1992.
In late-morning trading, Berkshire Class A shares rose $2,010 to $306,530 and its B shares rose $1.61 to $204.63. His Iowa-based unit now runs several power companies in the United States, Canada and Britain, as well as natural gas pipelines and solar and wind farms. He now serves as executive vice president of National Indemnity Co. "Why in the world should I take a long or short position in something I don't know anything about?"
Mr Buffett told CNBC that the changes should be nearly imperceptible from the outside. But Greg Abel and Ajit Jain will also become vice chairmen and take on more duties. Over the last decade, Berkshire's Buffett brought in two hedge fund managers, Ted Weschler and Todd Combs, for investing in publicly traded stocks. He now serves as executive vice president of National Indemnity Co.
Jan 10 2018
MI couple wanted in death of 4-year-old arrested in Georgia
Diaz and Fields are believed to be traveling in a black 2002 Chevy Cavalier with MI tag number DTR1854, police officials said . Marshal Detroit Fugitive Apprehension team at 313-234-5656 or the Sumpter Township Police at 734-461-4833 ext.
Jan 09 2018
Pink will sing national anthem at Super Bowl
Super Bowl 51's performers included Luke Bryan singing the national anthem and Lady Gaga providing the halftime entertainment. The NFL announced Monday that power pop princess P!NK will sing the anthem live on NBC prior to the big game.
Jan 09 2018
Ally Sheedy calls out Golden Globes for James Franco win
This was in reference to an incident when James Franco tried to pick up a 17-year-old girl on Instagram in 2014. At one point during the news cycle, he tweeted, "I HOPE PARENTS KEEP THEIR TEENS AWAY FROM ME".
Jan 08 2018
Unhappy Farmers Dump Potatoes Outside CM Adityanath's Residence, Police To Take Action
Keeping the tirade going against the Congress government, Yogi said law and order had completely collapsed here. He accused the state government of stalling development projects to divert the funds to the Congress's coffers.
Jan 07 2018
Injured Dale Steyn may miss rest of Test series
South Africa's star pacer Dale Steyn is unlikely to bowl further in the ongoing first Test against India at Newlands, Cape Town. Bhuvneshwar, who finished with 4/87, too agreed that De Villiers took the game away from India.
Jan 06 2018
My Next Guest Needs No Introduction With David Letterman | Trailer [HD] | Netflix
Episodes will each feature one person who Letterman finds fascinating, with interviews both inside and outside a studio setting. Subsequent episodes will be released once a month from February through June, adding up to a total of six 60-minute episodes.
Jan 05 2018
Chelsea 'on brink of signing Ross Barkley from Everton'
Barkley's exit will bring an end to his association with Everton , the club he joined as an 11-year-old and represented more than 150 times.
Jan 05 2018
Justin Timberlake Drops "Filthy" Video, Channels Steve Jobs
Justin Timberlake released the lead single to his fourth studio album earlier this morning titled " Filthy ". Justin Timberlake applied a special condition on his new song "Filthy": that it be played "very loud".
Jan 02 2018
Six days of Iran protests: 20 dead, 450 arrested
The latest demonstrations came despite President Hassan Rouhani's vow that the nation would deal with "rioters and lawbreakers". Iran's state media reported the 9 deaths overnight Monday, 10 on Sunday, and two on Saturday.
Jan 02 2018
Assam's first draft of NRC identifies 1.9 crore as Indian citizens
Not only should the remaining part of the exercise be fast-tracked but they (officials) also need to be extra vigilant, he said. So there is a possibility that some names within a single family may not be there in the first draft", said Hajela.
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Jan 10 2018Paul Ryan says bipartisan talks are ongoing to address DACA
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Jan 10 2018Ibuprofen May Affect Men's Sexual Health, Study Finds
Jan 09 2018Princess Charlotte Looks So Big In New Nursery School Photos
Jan 09 2018Billionaire Democrat, Tom Steyer to oust Trump, Republicans
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Jan 09 2018Google faces racial discrimination lawsuit from fired engineer
Jan 09 2018Firefighters respond to blaze at Trump Tower
Jan 07 2018KMart closing in Rutland in early April
Jan 07 2018Coutinho to join Barcelona from Liverpool in deal worth $192 million
Jan 02 2018Teenager murders family members on New Year's Eve