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☆ How Warren Buffett, set to turn 94 this year, is thinking about his age and his business
▼ + stars: | 2024-05-05 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

Warren Buffett made several jokes about his age during Saturday's annual shareholder meeting. Buffett will be turning 94 this year and has already made plans for a successor. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWarren Buffett is very aware that he won't be at the helm of Berkshire Hathaway forever.

Persons: Warren Buffett, Buffett, —, Berkshire Hathaway Organizations: CNBC, Service, Berkshire Hathaway, Berkshire, Business Locations: Berkshire

☆ These are the kinds of San Francisco roads Tesla's FSD had a hard time dealing with, report says
▼ + stars: | 2024-05-05 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

It's unclear if other aspects of Sunset's grid trip up Tesla's FSD more than other San Francisco neighborhoods. A Tesla makes an unprotected left turn on Lincoln Way, a major road in San Francisco's Sunset District. Another street that was once notoriously difficult for Tesla's FSD to work in was Lombard Street, a steep and windy road northwest of San Francisco. When asked about using the FSD feature in the Sunset, she told BI that she had "no problems" with it. AdvertisementA Tesla parked in San Francisco's Sunset District, where company employees rigorously tested the car's Full Self-Driving technology, according to a report.

Persons: Tesla, —, Elon Musk's, Musk's, Lloyd Lee, FSD, Francisco's, Tayfun, John Bernal, Musk, Walter Huang Organizations: The, Service, X, Railway, San, Sunset District, Lincoln, BI, Anadolu Agency, Getty, Tesla, Washington Post, P Global Mobility, California Department of Motor Vehicles, Los Angeles Times Locations: Sunset, San Francisco, city's, Judah, San Francisco Municipal, Lincoln, Francisco, San, San Francisco San Francisco, Lombard

☆ Warren Buffett explains why Berkshire reduced its big Apple stake
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett explains why Berkshire reduced its big Apple stakeBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett, Berkshire Hathaway Organizations: Berkshire, Berkshire Hathaway Locations: Berkshire

☆ The Week Ahead: May 3, 2024
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: May 3, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dominic Chu

☆ The Week That Was: May 3, 2024
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: May 3, 2024CNBC's Dominic Chu looks back at the past week's top business and financial stories.

Persons: Dominic Chu

☆ Warren Buffett: AI is profound, and that's what makes it a genie
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett: AI is profound, and that's what makes it a genieBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett, Hathaway Organizations: Berkshire Hathaway

☆ Berkshire's Ajit Jain calls out corruption and skyrocketing prices in Florida's insurance market
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBerkshire's Ajit Jain calls out corruption and skyrocketing prices in Florida's insurance marketBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Ajit Jain, Warren Buffett Organizations: Berkshire Hathaway

☆ Warren Buffett: Insurance is the most important business at Berkshire
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett: Insurance is the most important business at BerkshireBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Insurance, Berkshire Berkshire Hathaway, Berkshire Hathaway

☆ Warren Buffett: Solar will never be the only source of electricity
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett: Solar will never be the only source of electricityBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Berkshire Hathaway

☆ Warren Buffett: I just like the feeling of being trusted
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett: I just like the feeling of being trustedBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Berkshire Hathaway

☆ Berkshire's 2024 annual shareholder meeting: Watch the full morning session
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBerkshire's 2024 annual shareholder meeting: Watch the full morning sessionBerkshire Hathaway Chairman and CEO Warren Buffett presides over the company's annual meeting.

Persons: Berkshire Hathaway, Warren Buffett Organizations: Berkshire

☆ Fast food feels more expensive than ever before, and people are sick of it. Here's why.
▼ + stars: | 2024-05-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Analysts say fast-food prices feel particularly painful because they're rising faster than grocery prices. Fast-food prices have been shooting upRestaurant prices are determined by "two major categories" — food costs and labor costs, Citi analyst Jon Tower told BI. Related storiesFast-food chains put up their menu prices to reflect the higher food costs and payrolls. AdvertisementGrocery inflation is coolingFast food seems particularly expensive right now because grocery inflation is cooling much more rapidly, analysts BI spoke to said. AdvertisementBut the inverse is also true — grocery stores benefit much more than restaurants when food inflation cools.

Persons: —, Jim Sanderson, Jon Tower, Sharon Zackfia, William Blair, Price, Danilo Gargiulo, Bernstein, Gargiulo, they've, Garguilo, Sara Senatore, Chad Frye Organizations: Analysts, Service, Northcoast Research, Citi, US Bureau of Labor Statistics, Bank of America Locations: Russia, Ukraine, California

☆ Buffett on his friendship with Munger: You cherish those people and you forget about the rest
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuffett on his friendship with Munger: You cherish those people and you forget about the restBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Buffett, Munger, Warren Buffett Organizations: Berkshire Hathaway

☆ Warren Buffett on acquisition strategy: We haven't seen anything that moves the needle
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett on acquisition strategy: We haven't seen anything that moves the needleBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett, Hathaway Organizations: Berkshire Hathaway

☆ Buffett kicks off 2024 Berkshire Hathaway annual meeting after emotional tribute to Charlie Munger
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuffett kicks off 2024 Berkshire Hathaway annual meeting after emotional tribute to Charlie MungerBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Buffett, Charlie Munger Berkshire, Warren Buffett Organizations: Berkshire Hathaway, Charlie Munger Berkshire Hathaway

☆ Warren Buffett breaks down how he would invest if he had to start again with $1 million
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett breaks down how he would invest if he had to start again with $1 millionBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Berkshire Hathaway

☆ Sam Altman wants to make AI like a 'super-competent colleague that knows absolutely everything' about your life
▼ + stars: | 2024-05-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman described the ultimate AI app to the MIT Technology Review. Altman's vision is that AI will take on real-world tasks — not just function as a chatbot. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Related storiesThe bottom line is that Altman wants AI to function as more than just a chatbot. Altman didn't specify when this tool will be available and how advanced AI must be to support it.

Persons: Sam Altman, —, Sam Altman's, Altman, They'll, ChatGPT, OpenAI Organizations: MIT Technology, Service, OpenAI Locations: ChatGPT, Cambridge , Massachusetts

☆ Warren Buffett accidentally refers to Greg Abel as Charlie Munger during 2024 Berkshire meeting
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett accidentally refers to Greg Abel as Charlie Munger during 2024 Berkshire meetingBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett, Greg Abel, Charlie Munger Organizations: Berkshire Hathaway Locations: Berkshire

☆ Tesla slashed its Supercharger team. What does that mean for America’s EV network?
▼ + stars: | 2024-05-04 | by ( Ella Nilsen | ) edition.cnn.com time to read: +4 min

CNN —The news this week that Elon Musk laid off Tesla’s entire Supercharger team sent shockwaves of uncertainty through the industry tasked with building America’s new network of EV chargers. A fast and reliable charging network is an essential ingredient in getting more people to switch from gas-powered vehicles to electric, and some early types of chargers proved less than dependable. Tesla had a superior charging network long before President Joe Biden set an ambitious goal to install half a million stations around the US by the end of the decade. “There are many, many charging companies out there,” an EV industry source told CNN. “Charging is a difficult business, there’s no doubt about that,” the EV industry source said.

Persons: Elon Musk, Tesla, Joe Biden, NEVI, “ It’s, ”, it’s, ” Daniel Sperling, University of California Davis, Loren McDonald, ” McDonald Organizations: CNN, EV, Joint Office of Energy, Transportation, Electric Vehicle Infrastructure, NEVI, Infrastructure Law, ”, Institute of Transportation Studies, University of California Locations: EVAdoption, New York

☆ Berkshire will remain 'America-oriented' despite BYD investment, says Warren Buffett
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBerkshire will remain 'America-oriented' despite BYD investment, says Warren BuffettBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Buffet takes questions from audience members.

Persons: Warren Buffett, Warren Buffett Berkshire Hathaway, Buffet Organizations: Warren Buffett Berkshire, Berkshire Hathaway Locations: Berkshire, America

☆ Warren Buffett says his great skill is avoiding bad luck
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett says his great skill is avoiding bad luckBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett, Berkshire Hathaway Organizations: Berkshire, Berkshire Hathaway

☆ Warren Buffett breaks down Berkshire's most recent quarter during annual meeting
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett breaks down Berkshire's most recent quarter during annual meetingBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Berkshire Hathaway

☆ Warren Buffett compares AI advances to nuclear weapons: The genie is 'part way' out of the bottle
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett compares AI advances to nuclear weapons: The genie is 'part way' out of the bottleBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Berkshire Hathaway

☆ Warren Buffett: Don't feel uncomfortable in any way putting our money into Canada
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett: Don't feel uncomfortable in any way putting our money into CanadaBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: Canada Berkshire Hathaway, Berkshire Hathaway Locations: Canada

☆ Warren Buffett: We'll see how next management handles future investments in India
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett: We'll see how next management handles future investments in IndiaBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting.

Persons: Warren Buffett Organizations: India Berkshire Hathaway, Berkshire Hathaway Locations: India Berkshire

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