Warren Buffett, Berkshire Hathaway
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Buffett said he will step down as CEO of Berkshire Hathaway, ending a 60-year run where he became an influential and iconic part of the U.S. economy.
Warren Buffett surprised investors at Berkshire Hathaway's annual meeting, announcing that he will step down as CEO at the end of 2025. Buffett once again faced questions about tariffs. While not specifically mentioning President Donald Trump by name,
May 2025 annual shareholder meeting that surprised even his chosen successor, Warren Buffett made it official: He's passing the torch for the $1.2 trillion empire he built at year's end. While Greg Abel was designated his successor in 2021,
Warren Buffett’s retirement as CEO overshadowed Berkshire Hathaway’s results. While wildfire losses hurt results, GEICO saw marked improvement, and the cash hoard grew.
And now, one large chocolate and candy shop is closing down after 30 years in business. See's Candies, which is owned by Warren Buffett's Berkshire Hathaway, is shuttering its Sunnyvale, Calif., location on May 11.
It's been a wild ride for the stock market this year, largely due to new U.S. tariffs that have caused some turmoil in not just U.S. markets but global markets, as well. Through it all, billionaire Warren Buffett has a bevy of advice that was purpose-made for times like these.