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Buffett successor Greg Abel faces first big test as Berkshire Hathaway CEO. Did he pass it?

Buffett successor Greg Abel faces first big test as Berkshire Hathaway CEO. Did he pass it?

Shareholders and analysts largely gave Greg Abel high marks for his first annual shareholder letter as chief executive of Berkshire Hathaway , praising his clear commitment to preserving the company’s long-standing values and operating philosophy while addressing lingering questions about capital allocation in the post-Buffett era. Abel, who succeeded Warren Buffett as CEO at the…

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‘One Battle After Another’ wins at PGA Awards, setting up awards-season sweep

‘One Battle After Another’ wins at PGA Awards, setting up awards-season sweep

“One Battle After Another” remains undefeated. Paul Thomas Anderson’s ragtag revolutionary drama took top honors Saturday night at the 37th annual Producers Guild Awards, setting it on course to triumph in two weeks at the Academy Awards. In winning the guild’s Daryl F. Zanuck award for best feature film, “One Battle After Another” is poised…

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The AI risk that can tip business into chaos

The AI risk that can tip business into chaos

Aire Images | Moment | Getty Images As the business world comes to grips with artificial intelligence, the biggest risk may be one where those running the economy can’t possibly stay ahead. As AI systems become more complex, humans aren’t able to fully understand, predict, or control them. That inability to understand at a fundamental level where AI models are going…

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