Berkshire Hathaway Inc. eliminated language from its annual filing to securities regulators specifying how many candidates the board has to eventually replace 83-year-old Chief Executive Officer Warren Buffett.
Howard Buffett , who may help select his father’s successor at Berkshire Hathaway Inc., said Warren Buffett ’s circle of most trusted managers, like Tony Nicely and Ajit Jain , will expand to include railroad chief Matthew Rose .
The derailment and fire that led to the evacuation of a North Dakota town has renewed the debate over whether it’s safer to ship oil by rail or pipeline as the U.S. completes a review of the Keystone XL project.
Berkshire Hathaway Inc. ’s Burlington Northern Santa Fe, the railroad Warren Buffett bought this year as an “all-in wager” on the U.S., said the economy is growing as the industry posted its first across-the-board increase in freight volumes since 2004.
The U.S. must broaden its tax base and lower rates, extract more coal, oil and natural gas, and boost government research and development to revive the economy and stay competitive, according to recommendations of President Barack Obama’s jobs council.
Warren Buffett , the Berkshire Hathaway Inc. chief executive officer preparing the firm for his eventual departure, praised the company’s roster of CEO candidates as he criticized former manager David Sokol for his stock dealings.
Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett , whose list of potential successors shrank in March with the resignation of David Sokol , said the top choice has the integrity the job requires.