Associated Press·1 min read·medium

Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile - AP News

J
Josh Funk
Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile - AP News
AI Summary

Berkshire Hathaway CEO Greg Abel has utilized a significant portion of the company's cash reserves to invest $10 billion in Google's parent company, Alphabet. Additionally, the firm repurchased approximately $4.5 billion in shares.

OMAHA, Neb. (AP) Berkshire Hathaways new CEO Greg Abel spent a significant chunk of the companys massive pile of cash as it invested $10 billion in Googles parent company and repurchased about $4.5 b…

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