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Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes newsthirst.

The Berkshire Hathaway board voted unanimously on Sunday to make Greg Abel president and CEO on January 1, 2026 and for Warren Buffett, 94, to remain as chairman, the company said. Buffett shocked Berkshire shareholders and Abel by announcing in the final minutes of the annual shareholder meeting Saturday that he would be asking the…

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Greg Abel is the successor to Warren Buffett at Berkshire Hathaway. Here’s how he got there newsthirst.

Gregory Abel, Vice Chairman overseeing non-insurance operations for Berkshire Hathaway, meets shareholders in the exhibition hall during the Berkshire Hathaway Inc annual shareholders’ meeting in Omaha, Nebraska, U.S., May 3, 2024.  Scott Morgan | Reuters Warren Buffett plans to hand over the reins of Berkshire Hathaway at the end of 2025 to Greg Abel, who…

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Buffett downplays recent market volatility as ‘really nothing,’ saying it’s part of investing newsthirst.

OMAHA, Nebraska — Warren Buffett on Saturday brushed off recent stock market volatility that has rattled investors over the past several weeks. “What has happened in the last 30, 45 days … is really nothing,” the Berkshire Hathaway CEO said during the conglomerate’s annual meeting.  Buffett pointed out that there were three occasions over the…

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China’s Xpeng delivered over 30,000 vehicles for sixth straight month newsthirst.

People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Chinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering more than 30,000 vehicles for the sixth consecutive month. That represents a 273% year-on-year…

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