Good morning, you're tuned into Markets Desk.
Greg Abel made his debut as Berkshire Hathaway's chief executive at this year's shareholder meeting in Omaha, and by most accounts, he passed the test. Long-time Berkshire faithful described Abel as measured, knowledgeable, and steady — qualities that matter enormously when you're stepping into a role defined for six decades by Warren Buffett.
Shifting to the intersection of technology and enterprise, Box is moving deeper into the AI buildout with a new role it's calling an AI Business Automation Engineer, carrying a salary of up to one hundred eighty-three thousand dollars. The position is modeled closely on Palantir's forward-deployed engineer concept — embedding AI agents directly inside business operations rather than leaving integration to outside consultants. It signals how seriously software companies are treating internal AI adoption as a competitive edge.
And a story that cuts to the heart of America's long-term care crisis — one family's account of spending more than two hundred seventy thousand dollars on dementia care for a Vietnam veteran father, at costs reaching seventeen thousand dollars a month. The savings were gone in sixteen months. It's a stark illustration of how catastrophically underprepared most households are for the financial reality of cognitive decline.
That's the tape. Markets Desk, signing off the floor.
