hathaway? dr. hathaway: i'd like to thank the t.n.c. all who have participated in today's forum. what it's going to take for us to move forward as a party under new leadership, we're going to have to have a field of victory. it's time for us to waken the minds of millions all over this nation and we must be courageous in our statements. it's time for us to disallow the roll back of voting rights, it's time to pass the john r. lewis voting rights advancement and act and freedom to vote act. now and forevermore. greg: senator, finally from you. >> if you want someone from a state that donald trump just won or someone who left elected office handing the baton to a republican in a deep plu state i'm not your guy. a lot of words were said today. there's only one candidate in this forum who goes in and out a trump plus 12 district and evangelizes, not preaches. we have to do things differently. we have to tell the status quo stake holders within the d.n.c. no, we're not doing it your way any longer. and we need to get back to inwithing. that'

berkshire hathaway energy businesses provide reliable, secure, low-cost energy to more than 13 million customers in the u.s., great britain, and canada. our commitment to our customers requires us to secure our infrastructure from all threats, including those posed by unmanned aerial systems. critical infrastructure is the backbone of our economy and security and get energy sector infrastructure and the transportation communications and water sector infrastructure we rely on face increasing threats from uas, and the threats for ensuring security cannot be higher. you asked energy become more accessible and advanced. these innovations offered immense potential like enabling faster damage assessments of energy infrastructure. they also empower malicious actors. adversaries can use uas to surveilled facilities, deliver hazardous payloads, disrupt operations, even conduct cyber intrusions. the department of homeland security's homeland threat assessments highlights uas as a growing risk to infrastructure. this warning is not hypothetical. last month federal agents arrested an individual pl

berkshire hathaway has brought new facilities to west virginia and thousands of new clean energy jobs. success in west virginia is part of a larger american story of energy innovation and nndz. we've always been a powerhouse in energy. now we have wind and solar and battery storage. in 2023, america produced more energy than ever. i want you to hear this. in 2023 we lead the world in energy production. 38 trillion -- 38 thousand cubic feet of natural gas produced, 4.7 trillion barrels of crude oil. 238 million megawatt-hours of solar, and a record 6.4 gigawatts of new batteries installed on the grid. nowhere in the world has that happened but here because of all of us. you can't eliminate your way to a cleaner environment. you can't eliminate, quit using something. you've got to innovate through technology. that's why we funded the regional hydrogen hubs and made sure one of them would be in appalachian region because that is where the powerhouse is. this is one time when california and west virginia agreed on the same thing. they were both in hydrogen hubs. a pothole doesn't care if

we strip out the berkshire hathaway and jpmorgan. my thinking is yields start to rollover. that is coinciding with the market carnage. >> you are seeing a lot of upside trends. you are technically a bull. thank you very much. >>> coming up on "worldwide exchange," we have a lot coming up including the one word investors have to hear today and the strategy rbc says you should hear ahead of earnings. >>> still ahead, rough road for earnings. and how a tiktok deal could work with one china focused vc calls it a master stroke of genius of beijing. >>> we speak with former chief karen mills. a very busy hour of "worldwide exchange." stay with us. ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ at state street, we know everyone's trying to get somewhere. ♪♪ take the next step toward your future, by investing in the s&p 500 with spy. getting there starts here. dave's been very excited about saving big with the comcast business 5-year price lock guarantee. five years? -five years. and he's not alone. -high five. it's five years of reliable gig speed internet. five years of advanced securit. five years of a grea

warren buffett's berkshire hathaway out performing the s&p 500 and posting the ninth positive year in a row. it saw class-a shares top $700,000 ever as it halted the buyback program and rely on investment income from auto insurance giant geico. shares are higher right now. >>> turning to the developing story and latest in the investigation into wednesday's new orleans truck attack and las vegas cyber truck explosion. we go to frances rivera in new york. >> frank, good morning. the fbi saying the suspect in the deadly new orleans attack acted alone. investigators believe 42-year-old shamsud din jabbar is solely responsible for the new year's day attack that left 14 people dead. jabbar was also seen on surveillance video placing devices in coolers near the attack. and officials found bomb making materials in the home in houston according to the law enforcement official briefed on the investigation. the fbi reported no definitive link with the new orleans attack and the explosion of the cyber truck in las vegas. authorities have identified the suspect in that suspected driver in that cas

some say it creates the next berkshire hathaway. your take?eman has a good track record. every great investor over time has had bad investments and you never know how this will work out, but i do like the idea that howard hughes has with master planned communities is an interesting ones. these eople, we have tens and hundreds of thousands of baby boomers that are retiring. it's expensive to retire in florida now. prices have shot up because of the pandemic and the insurance prices are through the roof. so i think these things will work real well, but the one thing you do have to worry about with the stock is that, you know, it will be a risk name. >> thank you. >> matt, i hate to jump in like that, but we have ten seconds in the show. i always love having you on. i can't talk any faster. >> but i can s thanks for watching "power lunch." >> we have three seconds. "closing bell "kwot starts right now. >>> guy, thanks so much. welcome to "closing bell "qwest. i'm scott wapner at the new york stock exchange. whether it is still intact or in seriou

he wants to create a berkshire hathaway.t's interesting, that notion. >> it is interesting. he's been in this for a long time. he's had some enormous hits. he's allowing people to roll in to be with him if they want to. that's sort of interesting. i haven't bought it, though. >> what do you think of it? >> i think it's an interesting thought by him. this gives him an opportunity -- i don't want to say a shell, but a vehicle to sort of build something. he's still young enough to do it. i think it's an interesting play by him. >> berkshire or this new entity? >> i think we have to go apples and oranges here, as i'm sure we would be implying. but i think berkshire. if you look at a year where the energy assets in this -- in berkshire really underperformed on some level, i think it's a year where energy will outperform, valuations, free cash flow, some of the acquisitions and layering deeper into the trades is what he's been doing. i like that. >> up next, finatresl ad. >>> next -- >> you own a stock with ai in the name, you cou

ditto for the berkshire hathaway office and all that's left of the michelle international salon. >> you can barely see 5 feet in front of you. it's like armageddon. it looked like pandemonium. >> it is like driving through hell in south town here. literally through hell. this is madness down here. these homes feel the heat from the flames even inside your car. >> laura: residential areas completely destroyed by the fires. we're seeing smaller ones pop up. smaller fires. independent journalist anthony can a bass is a on the ground says the gas lines to these homes appear to be still on but residents who lost everything are feeling tonight lucky to be alive. [inaudible] [high winds] [sobbing] why have got to say prayer force all of these people pacific palisades correspondent matt finn is standing by. matt, what can you tell us? >> laura, i was on this show last night report g from the palisades. here we are 24 hours later and there are still fires burning around us, including this large retail and office space but right on the famed sunset boulevard which runs through the palisades. we h

there was a berkshire hathaway. i mean, normal parts of a community completely destroyed here.ht now, we know that firefighters are working hard to try to continue to get a handle on this fire. they are making some progress. of course, it's not going to help that. we do expect some of the winds to pick up. there's a red flag warning through wednesday. officials have said again the death toll stands at 16 between the two fires. five people have died here in this fire. the palisades fire and one of the things right now is just so many folks, thousands of folks who lost their homes are just trying to get back, trying to see what's left of their property, see if they can find anything amidst the rubble. one of the people that i was just with actually was a gentleman. he lost his home in the palisades fire, but he had also lost his dog. one of his dogs was missing. i met him on tuesday, right when everything was beginning. i rushed here to the fire. he was rushing back to try to get to his home in the palisades. he couldn't get past the roadblock. i saw him in distress, crying. a fi

he believes that he is creating the next berkshire hathaway.this is his are credit to creating a permanent capital structure. we've talked about how pershing square may decide to continue to go public. this would therefore roll with that to some extent. almost think of them as multiple funds underneath the holding company. the holding company is the thing that would go public. this would need to remain public. interestingly as we discussed, you need a certain number of shareholders who will take cash. all of them can't take cash because it only works if if enough people want to roll in. >> because of the amount of cash they have. >> because of the amount of cash they have. and the expectation. we said earlier, this has been an underperforming asset. something that bill ackman has been straightforward about. he says i want to effectively control it because i think it's an underperformer. he doesn't actually plan to rechange the management or anything. he believes there's an inflection point coming that the market is not giving it credit for wher

. >>> when we come back, berkshire hathaway is outpacing the s&p 500 last year.you that move, next. >>> it has been nearly one year since the door plug blowout on an alaska airlines flight. we will talk about what has changed at boeing since then. for to call it a door plug? for the sidewall? >> are going to call it that? the door plug? >> sawboquk x will be right back. shares of berkshire where the best performances 2021. dale performed the s&p 500 for the year. they were of my 25.5% compared to the 23.3% for the s&p 500. it was a night straight positive year. the move came as leavitt halted the buyback program of berkshire had doubled the company's cash. data $325 billion warchest at the end of september, compared to $160 billion at the end of 2023. when we come back, a behind-the- scenes vitinha i was pulling onto the front pages. lawyers are getting involved in a battle between blake lively and justin. we have that story, next. >>> moore from whitoonasngn the boats we elect a house speaker. squawk box will be right back. all the buzz around bitcoin isn't just

when you pull the covers back on berkshire hathaway, of the trillion dollars of assets at the end ofthe public equities that we know about, apple, coca-cola, american express, but 78% are private companies. it is the growth engine. he's the greatest capitalist and has been doing it for 50 years. that is were growth and opportunity is in america. private capital and private companies. and they have access the debt markets. they don't need to go public to raise capital anymore, 8000 public companies to 4000, that's the trend in the future, and we are sitting in an intersection trying to bring those two retirees and around the world. jonathan: you mentioned europe, and in europe, the beach analyst overburdened. we have been talking about it for years. i would like to understand from your perspective how you will work with the banks in america going forward because this is not a new trend with the banks original the loans and you provide -- originate money and you provide the money. jim: i think 2024 was a pivot year. for us as a leading firm in this industry and sector, you know, there