Buffett, the 94-year-old architect and face of Berkshire Hathaway Inc., announced that the gathering would be his last as head of the company he built from humble beginnings into one of the world’s most valuable enterprises. A few feet away, Greg Abel, the energy executive long seen as Omaha’s crown prince, wasn’t even aware his […]
Meanwhile, the US is weighing a potential easing of restrictions on Nvidia Corp. sales to the UAE ahead of a visit by President Donald Trump slated for mid-May, which could boost the UAE’s chances in the regional AI race. The US leader plans to stop in the UAE during a visit to the Middle East […]
In Laval, Que. on Saturday, energy development played a central role in a leadership debate focused on the province’s economy. Karl Blackburn, former president of a Quebec employers group, said he would send a “clear message” that the province is ready to consider oil and gas projects “in a geopolitical world that has completely changed.”
— Blue Chip Stamps: Buffett and Munger, Berkshire’s former vice chairman, took control of Blue Chip in 1970 when the customer rewards program was generating $126 million in sales. But as trading stamps fell out of favor with retailers and consumers, sales steadily declined; in 2006, they totaled a mere $25,920. However, Buffett and Munger […]
“When I think about Greg, he not only has high business acumen, but he has really high business instincts,” Dairy Queen CEO Troy Bader said Friday. “The intuition is really important. And, you know, Warren has that intuition, but Greg has a lot of it as well.”
Berkshire grew aggressively over the decades with Buffett as chairman and CEO, as he chose acquisitions and stocks for the company portfolio alongside trusted adviser and vice chairman, Charlie Munger, who died in 2023 at 99. The conglomerate acquired a bewildering assortment of businesses, which Buffett often said mirrored the US economy as a whole. […]
The collection, which is owned by the province, features items including the company’s first minutes book from 1671, historical maps, videos, audio recordings and so many diaries, letters and research notes that the textual records alone take up more than 1,500 linear metres of shelf space.
Separately, the U.S. administration is also investigating the national security implications of imported uranium and other minerals. After a similar probe during U.S. President Donald Trump’s first term in 2019, which ultimately spared uranium, Cameco took steps to protect itself, such as looking at contract terms and delivery timelines.
“We’ve not seen a significant impact to our volumes thus far, but there’s no question that uncertainty has increased over the last few months, and we’re seeing a heightened risk of recession in both Canada and the U.S.,” said chief executive Tracy Robinson.
The initial estimate from grid operator Red Electrica was that restoring all power supply in Spain may take between six and 10 hours. By Monday evening, that was looking optimistic — at 9pm Madrid time, there was 17.3 gigawatts of demand on the grid, about two thirds the amount seen just before the blackout happened, […]