Constellation Energy’s Nine Mile Point Nuclear Station in Scriba, New York. Constellation Energy Group Photo The chairman of Warren Buffett’s MidAmerican Energy Holdings tells CNBC it won’t try to outbid France’s EDF in the battle for Constellation Energy . In a statement to CNBC’s Becky...
Back in 2006, Buffett offered the money if the UN’sInternational Atomic Energy Agencycould raise another $100 million from one or more countries around the world. It took several years, but that goal was met and the IAEA formally voted yesterday (Friday) to create amultinational nuclear fuel...
The Oracle of Omahascooped up 4.3 million shares of oil and gas conglomerateOccidental Petroleum(NYSE: OXY). Should you follow Buffett's lead? Let's find out. A breakdown of Occidental Petroleum Theenergy sectoris comprised of many different types of businesses. From nuclear energy, ...
ANNOUNCER: The embodiment of the American dream, Warren Buffett and Bill Gates, self-made billionaires whose values run as deep as their wealth. One redefined an industry, the other the modern investor. But both put their stock in America, and by investing in business and humanity, reaped the...
Warren Buffett said that Greg Abel, a top lieutenant of his for many years and an energy executive, will succeed him as the next CEO of Berkshire Hathaway, the insurance conglomerate that Buffett has run for more than half a century. ...
Now, a good bit of that is in the rail business and the energy business. BECKY: Right. BUFFETT: But there —there’s a lot to do. And incidentally you hear a lot about infrastructure and, you know, the terrible shape it’s in. BECKY: Right. BUFFETT: The rail industry’s ...
Although Buffett was a well-known figure and even famous in the business community dating to the 1960s, he was not generally known elsewhere outside of that community. Even through the 1970s and 1980s, Buffett was not the economic “rock star” he would later become. ...
Warren Buffett said renewable energy is of interest, but it needs time to be developed. "There are certain things that just take a certain amount of time," the "Oracle of Omaha" said. "My daughter hates it when I use this example, but it's really true that you can't create a ...
Where Will Warren Buffett Hide From Goldman Sachs? Becky QuickSun, Mar 20th 2011 Japan Disaster To Delay US Nuclear Energy Plans: Buffett Becky QuickSun, Mar 20th 2011 Warren Buffett Still on the Lookout for Deals Becky QuickSun, Mar 20th 2011 On the Road With Warren Buffett in South Korea...
by Warren E. Buffett, FORTUNE May 1977 It is no longer a secret that stocks, like bonds, do poorly in an inflationary environment. We have been in such an environment for most of the past decade, and it has indeed been a time of troubles for stocks. But the reasons for the stock ma...