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.
The Iran war is nearing the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the region, two U.S. officials say.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Former FBI Director James Comey has been subpoenaed by prosecutors in Miami as part of the Justice Department's investigation into Obama-era intelligence officials.
Police in Barcelona said the death of Jimmy Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
Few Americans feel they know a lot of the specifics about the SAVE Act.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
In his latest book, the New York Times bestselling author writes of a cultural crisis: an increase in anxiety and depression, concurrent with a rise in social media use, during what he terms an "Age of Emptiness."
Police in Barcelona said the death of Jimmy Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
The United Nations' top nuclear watchdog, IAEA Director-General Rafael Grossi, told CBS News that Iran still has the technical ability to restart its nuclear program, even though U.S. military strikes dented the program.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
A 31-year-old Georgia woman has charged with murder by police who say she took pills to induce an abortion.
The Justice Department says it has shuttered four websites that were allegedly used by Iranian government-linked groups to post hacked information and threaten regime critics.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
The United Nations' top nuclear watchdog, IAEA Director-General Rafael Grossi, told CBS News that Iran still has the technical ability to restart its nuclear program, even though U.S. military strikes dented the program.
As the Iran war rages, Israel continues killing senior Iranian figures. CBS News asked experts how they do it.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
Mette-Marit, who is married to Crown Prince Haakon, sat down with Norwegian broadcaster NRK for a 20-minute interview on Thursday.
The Iran war is nearing the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the region, two U.S. officials say.
Reality TV star Taylor Frankie Paul's booking photo for an apparent incident in 2023 has emerged. Entertainment Tonight's Nischelle Turner joins with more details.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
"All the Empty Rooms," which follows CBS News' Steve Hartman and photographer Lou Bopp as they document the empty bedrooms of children killed in school shootings, won an Oscar for Best Documentary Short Film. Hartman and the film's director, Joshua Seftel, talk about what that moment meant to the families of the victims and having Gloria Cazares, the mother of a 9-year-old girl killed in Uvalde, deliver the acceptance speech.
Ryan Gosling and Sandra Hüller, stars of "Project Hail Mary," speak with "CBS Mornings" about the highly-anticipated movie, what it was like acting alongside the puppeteers behind alien Rocky and why Hüller chose a Harry Styles song to sing in a scene in the movie.
Unmade beds and overdue books. That's some of what CBS News correspondent Steve Hartman found in his Oscar-winning documentary "All the Empty Rooms," which looks at the bedrooms of children killed in school shootings. Hartman joins "The Takeout" to discuss the making of the film.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
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.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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.
In the summer of 2013, Minnesota resident Gary Herbst seemingly disappeared. Years later, investigators made a startling discovery. Peter Van Sant has the story for "48 Hours."
Unmade beds and overdue books. That's some of what CBS News correspondent Steve Hartman found in his Oscar-winning documentary "All the Empty Rooms," which looks at the bedrooms of children killed in school shootings. Hartman joins "The Takeout" to discuss the making of the film.
Temple Israel in West Bloomfield Township, Michigan, has shared new images of the damage from last week's attack at the synagogue. A photo has also emerged of the attacker holding an AR-style rifle. CBS News' Anna Schecter has the latest.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
Joseph Duggar, one of the stars of the reality show "19 Kids and Counting," has been arrested and is facing child sex abuse charges. He's accused of sexually abusing a 9-year-old girl six years ago in Florida. Tom Hanson reports.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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.
Dogs may be more than man's best friend. They could help scientists unlock treatments for age-related diseases. Researchers studying how dogs age hope their discoveries could lead to longer, healthier lives for both dogs and humans. 60 Minutes, Sunday.
Reality TV star Taylor Frankie Paul's booking photo for an apparent incident in 2023 has emerged. Entertainment Tonight's Nischelle Turner joins with more details.
Diesel prices are rising and the price of gas continues to slam Americans during the Iran war. Ed Hirs, an energy fellow at the University of Houston, joins CBS News with more.
UConn basketball star Azzi Fudd speaks to Jan Crawford about growing up playing basketball, her love for the game and her teammates, and overcoming multiple injuries to play again.
"All the Empty Rooms," which follows CBS News' Steve Hartman and photographer Lou Bopp as they document the empty bedrooms of children killed in school shootings, won an Oscar for Best Documentary Short Film. Hartman and the film's director, Joshua Seftel, talk about what that moment meant to the families of the victims and having Gloria Cazares, the mother of a 9-year-old girl killed in Uvalde, deliver the acceptance speech.