Berkshire Hathaway has 1st annual meeting without Warren Buffett
The company's first-quarter profit more than doubled as the value of its investments grew and most of its businesses improved.
Watch CBS News
The company's first-quarter profit more than doubled as the value of its investments grew and most of its businesses improved.
Abel, 63, takes the helm of Berkshire Hathaway after a six-decade run by Buffett.
Warren Buffett said he will recommend to Berkshire Hathaway's board that Greg Abel should become CEO at the end of the year.
Berkshire Hathaway Inc. said in a quarterly update with regulators Monday that it picked up nearly 11 million shares of Kroger stock during the second quarter.
Fort Worth-based BNSF's pick to be its next CEO -- Kathryn Farmer -- will be the first woman to lead a major North American railroad.
Apple is currently worth about $935 billion. The stock needs to go up more than 7 percent for it to top the trillion dollar mark -- that's a one with 12 zeroes -- and it could happen soon.
The price of bitcoin took a dive Sunday after Warren Buffett renewed his criticism of the cryptocurrency -- comparing it to rat poison and saying that it "will come to bad endings."
If Warren Buffett is interested in buying Southwest Airlines, he's not telling the airline's CEO directly.
Warren Buffett's oldest son has jumped into the border security debate with a book criticizing President Trump's proposal to build a massive wall along the Mexican border.
A new smoking ban in the city of Fort Worth's is now in effect. March Madness is officially underway and billionaire Warren Buffett is offering $1 million a year for life... to some.
Berkshire Hathaway CEO Warren Buffett has promised $1 million a year for life to the employee who picks a perfect NCAA Tournament bracket through the Sweet 16.
The U.S. Navy on Saturday commissioned its newest warship, the USS Omaha, a futuristic, $440 million vessel named for the Nebraska hometown of billionaire Warren Buffett.
Amazon, Berkshire Hathaway and JPMorgan Chase are teaming up to create healthcare company that is "free from profit-making incentives and constraints."
Berkshire Hathaway Energy will acquire reorganized EFH, which will ultimately result in the acquisition of Oncor, an energy delivery company serving approximately 10 million Texans.
Warren Buffett's Berkshire Hathaway said Friday it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of the nation's largest banks.
Warren Buffett says he's investing heavily in Apple, believing that once consumers begin using the company's products they aren't likely to stop.
Investors who wanted billionaire Warren Buffett to address the current state of the world in his annual letter to Berkshire Hathaway shareholders will likely be disappointed, but they can still take some comfort in his consistently rosy long-term outlook for the U.S. economy.
Investors might question Warren Buffett's long-standing aversion to tech stocks after his Berkshire Hathaway bought 9.8 million shares of Apple.
The deal to bring together the two companies, each more than a century old, was engineered by Warren Buffett's Berkshire Hathaway and Brazilian investment firm 3G Capital.
It is that time of the year for us to look back and reflect on the best and worst moments of the past 12 months.
A look at the stories trending on social media sites like Twitter, Instagram, Facebook and others.
A look at the stories making news on social media sites like Twitter, Facebook, Instagram and others
It is hard for drivers along State Highway 121 to miss the new Nebraska Furniture Mart store. It's big. The massive furniture store in The Colony is set to open in March of 2015.
Correctly predicting the outcome of every game in the NCAA men's basketball tournament is no layup. But there's now a $1 billion prize waiting for anyone able to pull off the feat this spring.
Jerry Jones has vehemently rejected calls to put up curtains during NFL games, but FIFA was taking no chances.
Throughout Friday, skies will be partly cloudy with highs in the mid-90s.
The city of Austin agreed to a multimillion-dollar settlement to be split among four men — including to the widow and daughter of Maurice Pierce — who were wrongfully accused of murdering four teenage girls in a Texas yogurt shop.
The Wings were looking for their first sweep of the Aces since 2018 after winning the first two, both at Dallas.
The twin earthquakes that hit Venezuela killed almost 600 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
Jerry Jones has vehemently rejected calls to put up curtains during NFL games, but FIFA was taking no chances.
Throughout Friday, skies will be partly cloudy with highs in the mid-90s.
The city of Austin agreed to a multimillion-dollar settlement to be split among four men — including to the widow and daughter of Maurice Pierce — who were wrongfully accused of murdering four teenage girls in a Texas yogurt shop.
The Wings were looking for their first sweep of the Aces since 2018 after winning the first two, both at Dallas.
The twin earthquakes that hit Venezuela killed almost 600 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
An alleged leader of the operation was arrested in Europe and returned to the United States last week.
One year after catastrophic flooding in the Hill Country, Texas has installed new flood warning sirens in some areas, but an I-Team investigation found large parts of the state still lack outdoor warning systems.
Federal officials are warning that one of the world's largest sporting events could bring more than soccer fans.
Donald Mercer was sentenced to 300 days behind bars for soliciting sex from a woman he arrested.
While FIFA is expected to make billions on the tournament, local cities are spending millions to host.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
All military branches began requiring recruits to get flu vaccines earlier this month, an exception to Pete Hegseth's decision to lift the military's vaccine mandate, a Pentagon official said.
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The bank is closing a call center at its Plano campus and laying off 244 workers as part of a consolidation effort.
Mayor Eric Johnson said in an announcement is considering Dallas for a new hub that could bring thousands of jobs to the metroplex.
The city of Plano is on a roll, and Mayor John Muns said the key to the city's successes comes down to customer service.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
After sharing management of the arena for decades, the Mavericks are now in full control.
Jerry Jones has vehemently rejected calls to put up curtains during NFL games, but FIFA was taking no chances.
The Wings were looking for their first sweep of the Aces since 2018 after winning the first two, both at Dallas.
The U.S. men's team had already clinched its spot in the Round of 32, the knockout round, with its 2-0 win over Australia on Friday.
Dallas FBI says drone confiscations are ongoing; the fines are stiff, too.
Daizen Maeda gave Japan the lead and Anthony Elanga took it away six minutes later, giving Sweden a 1-1 draw that sent both teams to the knockout round of the World Cup.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.