Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday. In a statement, Berkshire Hathaway said Buffett had been named chairman emeritus, effective immediately, and will remain a member of the board of directors. He will be replaced as chairman by his son, Howard Buffett, the release said. The elder
Oprah Winfrey, 72, said she made a career decision she knew was wrong, simply because she didn’t want to disappoint others. Speaking on Thursday’s episode of “The Mel Robbins Podcast,” Winfrey reflected on the difficult early years of OWN: Oprah Winfrey Network. Winfrey launched OWN in January 2011, months before “The Oprah Winfrey Show” ended
Elon Musk isn’t over Delta Air Lines choosing a rival in-flight WiFi provider instead of Starlink. After some X users posted about choosing to book with United Airlines over Delta due to its Starlink internet, Musk said on Wednesday, “I warned them. It will get much worse.” It comes after Musk said Delta would “lose
It’s jobs day, and we’re about to see whether the US economy’s recent strong run of job growth continued through May. The Bureau of Labor Statistics will release new data at 8:30 a.m. ET, which is expected to show steady unemployment at 4.3% and job growth of 85,000 in May. If the report matches or
A subtle contrarian sell signal has reared its head in markets, Bank of America says. Loading audio narration… Global investors have significantly dropped their cash holdings, according to Bank of America, an under-the-radar sell signal that hints that investor sentiment is overly bullish and poised to turn. Fund managers surveyed by BofA in May dropped
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