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.
Iran's top diplomat headed to Pakistan as Tehran's standoff with the U.S. over the Strait of Hormuz continues and Hezbollah "firmly rejects" the Lebanon ceasefire.
U.S. Attorney Jeanine Pirro said that the Federal Reserve's inspector general will investigate cost overruns in project to renovate the central bank's headquarters.
The Trump administration has sought to project confidence in the U.S. military's munitions stocks after more than a month of war with Iran, but long-term supply questions remain.
The soldier allegedly bet on Nicolás Maduro's removal as president of Venezuela before news of the raid was reported, a law enforcement source told CBS News.
President Trump's renovation kick has now reached the Lincoln Memorial Reflecting Pool.
Israeli Prime Minister Benjamin Netanyahu says the successful operation for prostate cancer happened 18 months ago and that he is now in "excellent physical condition."
President Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop.
A powerful tornado in Oklahoma on Thursday ripped roofs off buildings, destroyed homes, knocked down power poles and forced an Air Force base to close.
Zamil Limon and Nahida Bristy, both 27, were last seen in the Tampa area on April 16, the University of South Florida Police Department said. Loved ones say their disappearances are out of character and they're concerned.
U.S. Attorney Jeanine Pirro said that the Federal Reserve's inspector general will investigate cost overruns in project to renovate the central bank's headquarters.
New video and photos show the search for the five crewmembers who remain missing after a U.S.-flagged ship capsized in the Pacific Ocean.
The Trump administration has sought to project confidence in the U.S. military's munitions stocks after more than a month of war with Iran, but long-term supply questions remain.
A powerful tornado in Oklahoma on Thursday ripped roofs off buildings, destroyed homes, knocked down power poles and forced an Air Force base to close.
President Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop.
"If you haven't booked for this summer, get busy," Atmosphere Research Group Airline industry analyst Henry Harteveldt told CBS News.
Travelers could see airline fares rise and fewer flights available in the coming weeks, Chevron CEO Mike Wirth said in an interview with "Face the Nation with Margaret Brennan."
The Trump administration started accepting applications in December for foreigners willing to pay $1 million for the right to live in the U.S.
The 32 Degrees Heated Socks can pose a burn risk due to the combination of heat, friction, moisture and pressure created during athletic activities.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
U.S. Attorney Jeanine Pirro said that the Federal Reserve's inspector general will investigate cost overruns in project to renovate the central bank's headquarters.
The Trump administration has sought to project confidence in the U.S. military's munitions stocks after more than a month of war with Iran, but long-term supply questions remain.
Hegseth indicated during a Pentagon news conference that the Trump administration is in no hurry to reach a peace deal as the war continues.
President Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop.
Attorneys for a DOJ program that accredits nonprofits to help provide legal help to immigrants were transferred last month, creating setbacks for a number of legal aid groups.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Israeli Prime Minister Benjamin Netanyahu says the successful operation for prostate cancer happened 18 months ago and that he is now in "excellent physical condition."
There's no confirmation of plans for new U.S.-Iran talks as the costly Strait of Hormuz standoff and Israel's fight with Hezbollah both continue despite ceasefires.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Hegseth indicated during a Pentagon news conference that the Trump administration is in no hurry to reach a peace deal as the war continues.
The U.S. has offered a reward of $5 million for information leading to the arrest and conviction of Aureliano Guzman Loera, known as "El Guano."
(Spoilers ahead) "CBS Mornings" speaks with the latest eliminated contestant from "Survivor 50" about exiting the game, strategy and transitioning to the jury.
"Giant," which is now on Broadway, dramatizes a real-life scandal that stained the legacy of world-famous children's author Roald Dahl. Anthony Mason spoke to John Lithgow, who stars in the play, and playwright Mark Rosenblatt.
On April 22, 2016, the U.N. held a signing ceremony for the Paris Agreement, an international treaty aimed at curbing climate change, featuring several speakers from various nations, including actor and environmental activist Leonardo DiCaprio. Watch his full speech from the event.
Donnie Wahlberg talks about starring in the series "Boston Blue" and the emotional moments he shared with the cast members when he revealed the show was being renewed for a second season. He also discusses if his wife, Jenny McCarthy, could make an appearance on the show.
New data shows interest in vinyl records is only getting stronger, with social media and and special releases from artists like Taylor Swift helping drive the trend. Jarred Hill has more.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
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.
Tuesday marks Earth Day, and if you have any unused devices at home, there are green ways to dispose of them. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Business Insider got a look at an email Meta, the parent company of Facebook, sent to all employees, letting them know that it would start tracking their interactions with their computers to train the company's artificial intelligence. Business Insider tech correspondent Charles Rollet joins to discuss.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
U.S. Army Master Sgt. Gannon Ken Van Dyke is being investigated for allegedly betting on Venezuelan President Nicolás Maduro's removal from office before the raid was made public. CBS News' Nicole Sganga reports.
The U.S. has offered a reward of $5 million for information leading to the arrest and conviction of Aureliano Guzman Loera, known as "El Guano."
Florida police say they stopped a mass shooting by arresting a man who was on his way to Jazz Fest in New Orleans with a handgun and hundreds of rounds of ammunition. Cristian Benavides has details.
A shooting broke out at a major mall in Baton Rouge, Louisiana, where police said a feud in the food court ended with bullets flying and at least five people in the hospital. Matt Gutman reports.
At least one person was killed and several others were hurt during a shooting at a mall in Baton Rouge, Louisiana, Thursday. Police have five suspects in custody. CBS News' Anna Schecter has more. Editor's note: CBS News has removed an earlier report in light of new information from Louisiana authorities about the number of people hurt in the shooting.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Condé Nast Traveler senior features editor Megan Spurrell shares a preview of the magazine's 2026 Hot List, which breaks down the best new places to stay, eat and cruise.
U.S. Army Master Sgt. Gannon Ken Van Dyke is being investigated for allegedly betting on Venezuelan President Nicolás Maduro's removal from office before the raid was made public. CBS News' Nicole Sganga reports.
Firefighters in Florida and Georgia continue to combat wildfires being fueled by dry conditions. CBS News' Mark Strassmann reports.
Food prices have jumped nearly 20% since 2022 and as the Iran war continues, they could rise even more. Kelly O'Grady explains how you can cut costs and stay on budget.