Warren Buffett is out, and Berkshire Hathaway is spending again
· businessinsider.com
Berkshire Hathaway's famously large pile of cash shrank by about $30 billion last quarter after Greg Abel took over from Warren Buffett as CEO.
Berkshire Hathaway's exceptionally deep pockets are getting shallower under its new CEO, Greg Abel.
In its latest earnings report on Saturday, the company said...