Warren Buffett steps down as Berkshire Hathaway chairman

34 min agoSpanish riot police fired rubber bullets and used batons on Friday as they began clearing thousands of migrants from beaches in the North African enclave of Ceuta. Several thousand migrants remain in the Spanish territory after tens of thousands crossed from Morocco in late July.

1 h agoWarren Buffett, 96, has stepped down as chairman of Berkshire Hathaway effective immediately and will serve as chairman emeritus while remaining on the board in an advisory capacity. His son Howard Buffett, a director since 1993, succeeds him as chairman, following Greg Abel's earlier appointment as CEO.

2 h agoWarren Buffett has resigned as chairman of Berkshire Hathaway, ending a tenure that began in 1965. His son Howard G. Buffett will assume the chairmanship, while Buffett remains a shareholder and board member.

3 h agoDeutsche Welle reported the shooting at Banga National High School occurred on Friday afternoon. A provincial governor said one person was killed and four injured, while Deutsche Welle said at least two students were killed and several others injured.

4 h agoScientists have confirmed a previously unknown wild cat species in Bolivia, the first such discovery in more than a century. The feline, called tilcayo by locals, was identified through genetic analysis.

6 h agoAt least 37 suspected illegal miners, including teenagers, died in custody of the Nigeria Security and Civil Defence Corps in Minna, Niger State. Officials blamed a disease outbreak, while other accounts cited overcrowding and poor ventilation in the detention facility.

7 h agoThe United States stated the sale would not alter the regional military balance. Saudi Arabia has pushed for the jets due to recent air defense vulnerabilities.

8 h agoBrent crude and West Texas Intermediate both retreated 1 per cent on Friday, marking a third day of losses. Optimism about alternative pathways for Middle Eastern barrels to reach global markets overshadowed fresh military clashes between Saudi Arabia and the Houthis.

9 h agoTwo commercial ships bound for American ports fell victim to cyber intrusions detected by federal authorities. In late August, US Coast Guard and FBI teams boarded the foreign-flagged vessels in the Gulf of Mexico to investigate the breaches.

11 h agoPreviously redacted court filings made public Thursday revealed OpenAI and Microsoft executives describing their AI products as substitutes for journalism. The New York Times and other news outlets suing the companies say the statements undermine the tech companies' fair-use defense in the copyright case.