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.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
The criticism continued even after the White House removed the video after the initial backlash.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
Gu qualified for the women's slopestyle final wearing an outfit with details inspired by her Chinese heritage and her personal quirks.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
The second gold medal of the Milano Cortina Games was awarded to Frida Karlsson of Sweden in the women's 10km+10km skiathlon.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
Gu qualified for the women's slopestyle final wearing an outfit with details inspired by her Chinese heritage and her personal quirks.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
Don't miss a moment of the Winter Olympics. Here's how to watch live, for free and stream the action without cable.
Coming off a historic Grammy win, Bad Bunny is gearing up to make even more history at this weekend's Super Bowl. The musician is set to be the first Super Bowl headliner to perform completely in Spanish. Leila Cobo, co-chief content officer at Billboard, joins "The Daily Report" to discuss.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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.
While drones give Super Bowl viewers some of the coolest shots of the game, they also impact security. "CBS Saturday Morning" explores how.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
48 Hours correspondents Erin Moriarty and Anne-Marie Green discuss the murder of Katlyn Lyon Montgomery and how her family turned to TikTok to demand justice.
Becca Valle thought her headaches were migraines. Brain surgery found a deadly form of cancer.
Officials said they are "aware of a new message" in the Nancy Guthrie disappearance on Friday. Authorities have not given details on the contents of the message. Former FBI special agent FBI Doug Kouns joins CBS News to discuss.