Warren Buffett hands over Berkshire Hathaway’s reins to Greg Abel
Investors hunt for clues on how the investor’s protégé will shape the $1.1tn conglomerate...
Jan 1Financial TimeseconomicsImpact
Investors hunt for clues on how the investor’s protégé will shape the $1.1tn conglomerate...
Article URL: https://www.latimes.com/business/story/2025-12-31/warren-buffett-steps-down-as-berkshire-hathaway-ceo-after-six-decades Comments URL: https://news.ycombinator.com/item?id=46448705 Points:...
Greg Abel will make $25 million in cash in his new role. Kevin Dietsch/Getty Images Berkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role. Abel's pay is a significant i...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
Trump‑era tariffs, bruising rate realities and a burned‑out memecoin cycle are forcing crypto to shed its Peter Pan phase and build tokens with real utility, says Animoca Brands’ Yat Siu....
Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...
Michael Burry, the investor of "The Big Short" fame. Astrid Stawiarz/Getty Images Michael Burry touted health insurer Molina as a winning stock pick on his Substack. The "Big Short" in...
Morgan Stanley named 184 new managing directors this week — here's the full list. Mike Kemp/In Pictures via Getty Images Morgan Stanley announced the names of 184 new managing directors on Frida...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Ge...
BYD container ship. NurPhoto/Getty Images Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival. BYD took Tesla's crown after Elon Musk's automaker reported its se...
Lil Uzi Vert performed at a party celebrating FaZe Clan's listing on the Nasdaq. Andrew Toth/Getty Images for FaZe Clan FaZe Clan's top talent left last week, marking the end of an era at the esports ...
Composite picture of Elon Musk (left) and Jeff Bezos (right) Joel Saget/AFP and Kevin Winter The 10 richest people are worth more than Amazon after a nearly $600 billion wealth gain in 2025. The AI bo...
Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
Getty Images; Tyler Le/BI This past weekend, the internet was set ablaze by a post on r/Confessions claiming to be from a software engineer-turned-whistleblower working at a food delivery app . "I...