Saturday, May 3, 2025, 3:20 pm
Warren Buffett is set to leave the helm of Berkshire Hathaway as he prepares to step down, even as the conglomerate posts a record $348 billion cash hoard. This twin headline of leadership change and cash reserve success marks a historic, if slightly ironic, turning point for the iconic firm.
The famed investor largely shied away from tech until his 2016 Apple bet. It turned out to be his greatest investment.
Buffett devotees say farewell at poignant Omaha ‘pilgrimage’ Financial Times
Warren Buffett to Exit Berkshire Hathaway The Information
Warren Buffett's successor Greg Abel seen preserving Berkshire's culture Reuters
Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel Reuters
Buffett To Step Down As Berkshire CEO At Year-End As Cash Hoard Hits Record $348 BIllion It's the end of an era at America's largest hedge fund/private equity/insurance float-cum-rollup conglomerate, whatever you want to call it: Warren Buffett just announced during the Berkshire…
Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the end of the…
Warren Buffett to step down from Berkshire Hathaway after six decades Financial Times
permalink / 8 stories from sources in 6 days ago #stockmarket #business #finance
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U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...
Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...
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