Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7% early Monday. The benchmark index is…
OMAHA, Neb. (AP) — When Greg Abel becomes Berkshire Hathaway’s new CEO next year he will of course take on additional responsibilities, but with Warren Buffett remaining as chairman, the surprise change announced at the annual meeting over the weekend…
OMAHA, Neb. (AP) — Warren Buffett’s company reported just over one-third of last year’s profit Saturday a few hours before Buffett announced plans to retire as Berkshire Hathaway’s CEO at the end of the year. Berkshire Vice Chairman Greg Abel…
OMAHA, Neb. (AP) — Revered investor Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board on Sunday…
NEW YORK (AP) — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had estimated would save consumers billions…