Billionaire Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970

OMAHA, Neb. (AP) — Warren Buffett is stepping down as chairman of Berkshire Hathaway in the next step of the transition at the top of the $1 trillion conglomerate he led for more than six decades. Buffett, 96, will become chairman emeritus and will take on his new role immediately, the company said Friday. His [...]
READ NEXT
More on the wire
FROM THE PUBLISHER
ST. CLAIR COUNTY, Ill. - Four people were injured after crash Friday morning that caused a school bus to travel off the roadway in O'Fallon, Illinois. According to the O'Fallon Police Department, the incident occurred around 7:45 a.m. on Hartmann Lane near Kingley Dr. It involved a school bus and another vehicle. A total of [...]
FROM THE PUBLISHER
The increase marks the first big move on interest rates under new Fed Chairman Kevin Warsh. Here's a look at what it means for consumers in four key areas.
FROM THE PUBLISHER
Warren Buffett will remain on the Berkshire Hathaway board but will be succeeded as chairman by his son, Howard Buffett.