Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according to people involved in the market. The cost of coverage has leaped to about 5% of the value of a …
Berkshire’s Pivot to AI Bets Gets an Immediate Reality Check
In his first year as Chief Executive Officer of Berkshire Hathaway Inc., Greg Abel has pushed the conglomerate into an entirely new area of investment:
