What to know about Greg Abel, the new CEO of Berkshire Hathaway
Abel, 63, takes the helm of Berkshire Hathaway after a six-decade run by Buffett.
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Abel, 63, takes the helm of Berkshire Hathaway after a six-decade run by Buffett.
In an eight-page letter published Monday, Warren Buffett said he'll donate 2.7 million of his shares to four family foundations.
Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its massive investment portfolio.
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S.
The billionaire pledged in 2006 to give away most of his wealth to philanthropy. Buffett said the shares of Berkshire Hathaway will be delivered on Monday.
Jane Pauley interviews the chairman of the board, president and CEO of Berkshire Hathaway, the world's third-largest public company, who may be the most successful investor in history. And to hear him tell it, Warren Buffett is having nothing but fun.
Investor Warren Buffett sits down with Norah O'Donnell to discuss "Becoming Katharine Graham," the documentary highlighting his late friend's career as CEO of The Washington Post. Then, Lee Cowan visits Julien's Auctions, an auction house in Los Angeles where celebrity memorabilia is on the market. "Here Comes the Sun" is a closer look at some of the people, places and things we bring you every week on "CBS Sunday Morning."
Warren Buffett announced Saturday he would step down as CEO of Berkshire Hathaway at the end of the year.
Warren Buffett said he will recommend to Berkshire Hathaway's board that Greg Abel should become CEO at the end of the year.
Billionaire investor Warren Buffett announced that he intends to step down as CEO of the empire he built at the end of 2025. He tapped Vice Chair Greg Abel as his successor. Jo Ling Kent reports.
Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.
Buffett once called the company's stake in the iPhone maker a pillar of Berkshire's business that he intended to hold indefinitely.
Warren Buffett referred to close friend Charlie Munger as the "the architect of Berkshire Hathaway."
Warren Buffett said Berkshire Hathaway could not have been built without Munger's "inspiration" and "wisdom."
Buffett has given away billions of dollars in Berkshire Hathaway stock since 2006 as part of his pledge to donate 99% of his wealth in his lifetime.
The billionaire investor broke with his practice of staying out of local politics to urge his hometown to abandon the project because, he says, it's too expensive and not as flexible as buses.
A new ProPublica analysis of tax data on multibillionaires comes to the conclusion that the richest 25 people in the U.S. have a "true tax rate" of almost nothing.
"It's been nothing but good," the Berkshire Hathaway CEO said of the annual charity lunch, which he says will be his last.
The investigation into missing Malaysia Airlines Flight 370 took a sinister turn as Malaysia's prime minister told reporters the plane was "deliberately diverted"; and, the ballots and polling stations are ready in Crimea on the eve of the referendum on whether to join the Russian Federation. Ukrainian soldiers remain blockaded in their bases and the head of Crimea's Ukrainian council hasn't been seen since his arrest last Sunday.
The billionaire said he has been an "inactive" trustee of the Bill and Melinda Gates Foundation "for years."
ProPublica analyzed a "vast trove" of IRS tax data on Jeff Bezos, Warren Buffet and other billionaires.
Greg Abel, a former hockey player, built Berkshire's energy unit into the largest producer of wind power in America.
Zika virus in Miami sparks tourism industry fears; Warren Buffett calls Donald Trump's bluff on tax returns. These headlines and more headlines from CBS MoneyWatch.
A CBS News poll shows six in 10 voters say Donald Trump is not prepared to be president. About the same number say Hillary Clinton is prepared for the job. Clinton campaigned Monday night in Omaha, Nebraska, with Warren Buffett. The billionaire investor tried to goad Trump into releasing his tax returns. Nancy Cordes reports.
Forbes magazine's 34th annual Forbes 400 list shows the rich are getting richer, with the combined net worth of listed members at $2.34 trillion dollars. With a record $1.7 billion requirement to make the list, 145 American billionaires did not even make the cut this year. First on “CBS This Morning,” Forbes assistant managing editor of wealth Luisa Kroll joins “CBS This Morning” to reveal the top names.
In an interview with CBS News, President Trump dismissed threats from Iran's security chief, who wrote that Mr. Trump must "pay the price" for the strikes on Iran.
President Trump warned Iran that it would be "hit very hard," after calling for the country's "unconditional surrender."
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
Workers installed a plaque honoring police officers in the early morning hours, three years after it was required by law to be erected.
New York City police said suspicious devices were ignited Saturday during clashing protests outside Gracie Mansion, the official residence of Mayor Zohran Mamdani on Manhattan's Upper East Side.
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
Mindi Kassotis' friends and family were told the wife of a decorated former Navy JAG officer had died unexpectedly in a hospital. Imagine their surprise months later when the remains of a woman, found dismembered in a swamp near Savannah, Georgia were identified as Mindi's.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Italian Archbishop Gabriele Caccia, 68, is currently the Holy See's ambassador to the United Nations in New York.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
Workers installed a plaque honoring police officers in the early morning hours, three years after it was required by law to be erected.
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
The "CBS Sunday Morning" correspondent's latest book examines how, in its first half-century, the company founded by Steve Wozniak and Steve Jobs remade the culture – and then, incredibly, remade itself.
"CBS Saturday Morning" sits down with Morgan Neville, the director of "Man on the Run," a documentary about the life of Paul McCartney after the Beatles broke up.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Roses Fade" with Devon Gilfillian.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "All Night, Alright" with Taylor Hanson.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Blame It On the Moon" with Devon Gilfillian.
The "CBS Sunday Morning" correspondent's latest book examines how, in its first half-century, the company founded by Steve Wozniak and Steve Jobs remade the culture – and then, incredibly, remade itself.
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Mindi Kassotis' friends and family were told the wife of a decorated former Navy JAG officer had died unexpectedly in a hospital. Imagine their surprise months later when the remains of a woman, found dismembered in a swamp near Savannah, Georgia were identified as Mindi's.
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
A manhunt for a triple murder suspect in Utah ended Thursday when Ivan Miller, 22, was arrested in Colorado. Here's what to know about the investigation.
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The American Freedom Train steamed across the country to mark the nation's bicentennial 50 years ago. Natalie Brand reports that this year, marking the 250th anniversary, the train is now a plane.
A plaque honoring police and law enforcement who defended the U.S. Capitol on Jan. 6, 2021, has been installed after years of delays.
China buys nearly all of Iran's sanctioned oil, and due to the U.S. and Israeli-led conflict there, the supply line has been severely disrupted. Anna Coren has more from Beijing.
Massive cleanup efforts are underway after a series of deadly storms ripped through the South and Midwest, killing at least six people. Omar Villafranca reports from hard-hit Beggs, Oklahoma.
Tensions in the Middle East have prompted tighter security in the U.S., and on Friday night, a scare led to a Southwest Airlines flight diversion. Ali Bauman has more details.