What changed in this update
“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.
Since taking control in 1965, Buffett grew a struggling textile mill into a global conglomerate.
NYTimes – Business “Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.
NYTimes – Business “Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.
BBC News – Business
NYTimes – Business Mr. Buffett, 71, is succeeding his father, Warren, but will not be running the company’s day-to-day operations.
Buffett, 96, will become chair emeritus and remain director as his son, Howard, will step in as company’s new chair Warren Buffett is stepping down as chair of Berkshire Hathaway after serving in the role at the conglomerate for more than 50 years. The 96-year-old will become chair emeritus and will take on his new role immediately, the company said Friday. Buffett’s son, Howard, will become Berkshire Hathaway’s new…
NYTimes – Business Departure of Lagarde, seen as candidate to take over World Economic Forum, comes as eurozone struggles with weak growth and inflation Christine Lagarde, the eurozone’s top central banker, is stepping down nine months early, ending months of speculation about her future. The European Central Bank (ECB) announced on Thursday morning that Lagarde would step down as its president on 7 February 2027; her term was schedul…
BBC News – Business Sanrio, the company behind Hello Kitty, has apologised and ended its commercial tie-up with Japanese TV drama Vivant after Chinese state media and online critics condemned the show's portrayal of ruthless Chinese agents as a "deliberate smear", according to the Guardian.
NYTimes – Business The Federal Reserve has left interest rates unchanged - despite persistently high inflation and repeated calls from Donald Trump to lower borrowing costs.
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