{
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Warren Buffett announces retirement plans and names Greg Abel as successor

Warren Buffett announced he will step down as CEO of Berkshire Hathaway at the end of the year, recommending Greg Abel as his successor. At 94, Buffett remains in good health and emphasized his commitment to not selling any shares, preferring to give them away gradually. He also expressed concerns about using trade as a weapon, criticizing tariffs and advocating for balanced international trade.
cbsnews.com
Berkshire Hathaway Inc. CHN USA Hillary Rodham Clinton Haibo Liu Howard Buffett Susan Alice Buffett Warren Buffett Greg Abel Show more
Business & Industry, News Article
16:52 03.05.2025

buffett warns against using trade as a weapon amid market turmoil

Warren Buffett criticized the U.S. use of tariffs as a trade weapon, arguing it alienates global partners and disrupts markets. He expressed confidence in America's long-term prospects despite current market turmoil, noting Berkshire Hathaway's substantial cash reserves for future investment opportunities. As he continues to lead the company at 94, concerns about succession are eased by Vice Chairman Greg Abel's readiness to take over.
WTOP News
United States Dollar CHN USA Donald Trump Hillary Rodham Clinton Haibo Liu Warren Buffett Greg Abel Linda Smith Show more
Business & Industry, News Article
16:22 03.05.2025
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