Warren Buffett says he's "going quiet" in CEO letter to investors
In an eight-page letter published Monday, Warren Buffett said he'll donate 2.7 million of his shares to four family foundations.
Watch CBS News
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.
Warren Buffett’s son bought archived items after a dispute over the civil rights icon’s estate. Also, a new $300 menu item at New York City’s first Denny’s. “CBS This Morning” takes a look at some of today’s headlines from around the globe.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Ukrainian President Zelenskyy says he and President Trump have agreed to meet in Florida on Sunday, signaling progress in talks to end the Russia-Ukraine war.
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach was also sprayed, authorities said.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
Images shared by Syria's state-run news agency showed blood on carpets, holes in the walls, shattered windows and fire damage.
Flat-headed cats are among the world's most threatened wild felines.
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach was also sprayed, authorities said.
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach was also sprayed, authorities said.
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
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.
Parts of the Northeast are expecting a major snowstorm over the weekend. CBS News New York meteorologist Tony Sadiku has the latest weather forecast.
Travis Kelce may have played his last home game with the Kansas City Chiefs as he weighs a potential retirement. The Athletic's Charlotte Carroll joins CBS News with more.
New data from a recent CBS News poll shows how Americans' sentiments about President Trump and the economy evolved in 2025. CBS News' Anthony Salvanto has more.
Some Americans enjoyed massive gains in the stock market during 2025, while others cut corners as prices grew higher. CBS MoneyWatch correspondent Kelly O'Grady has more on the U.S. economy as 2026 approaches.
California is facing potential mudslides after rain battered the state earlier in the week. CBS News' Andres Gutierrez reports, and meteorologist Tony Sadiku has the latest weather forecast.