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...
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...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
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 ...
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...
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...
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...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Schwab Center for Financia...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
A fancy Starbucks coffee drink with whipped cream Lauren DeCicca/Getty Images Under new CEO Brian Niccol, Starbucks had a sometimes rocky 2025. I thought slimming down the menu length and adding after...
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...
President Donald Trump speaks at a podium about his January 3rd raid on Venezuela. Pete Hegseth, Marco Rubio, and Stephen Miller stand behind him. Jim WATSON / AFP via Getty Images Donald Trump on Sat...
"Will there be uncertainty? Will there be economic challenges? Of course," said Sen. Ted Cruz. AP Photo/Rod Lamkey, Jr. The debate over whether we're in an AI bubble continues to rage. That de...
Little Rock, Arkansas. Sean Pavone/Shutterstock Atlas Van Lines tracked state-to-state migration patterns in 2025. The Midwest has become a hot spot for movers, although it doesn't appear on this list...
Student-loan borrowers who receive debt relief in 2026 could face a big tax bill. d3sign/Getty Images A 2021 provision that made student-loan forgiveness tax-free expired on January 1. Borrowers who b...
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...
From left: Anthony Gutman, David Solomon, Jacqueline Arthur. Courtesy of Goldman Sachs 10 Goldman Sachs leaders shared their go-to book and podcast recommendations. Business Insider asked the CEO and ...
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...
Briana Bello, a recruiter for Hard Rock Stadium, looks over a resume from a job seeker during a job fair Thursday, Aug. 28, 2025, in Sunrise, Fla. (AP Photo/Marta Lavandier) Marta Lavandier/Associated...