At age 94, Warren Buffett announced his retirement as CEO and chairman of Berkshire Hathaway at the end of 2025, recommending Greg Abel as his successor. This decision, revealed at Berkshire Hathaway’s annual shareholder meeting, surprised many despite Abel’s long-standing designation as successor. Buffett plans to retain his shares, believing Berkshire’s prospects are brighter under Abel’s leadership. The transition marks the end of Buffett’s 60-year tenure leading the company, transforming it into a trillion-dollar conglomerate.
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A Cincinnati sheriff’s deputy was intentionally struck and killed by a car driven by Rodney Hinton Jr., whose son had been fatally shot by police the previous day. Prosecutors are charging Hinton Jr. with aggravated murder, alleging the act was premeditated. The son, Ryan Hinton, was armed and fleeing a stolen vehicle when police shot him; bodycam footage is unclear on whether he pointed the gun at the officer. The deputy’s death occurred near a university commencement ceremony, prompting widespread grief and condemnation.
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Measles cases in the U.S. have reached a record high, exceeding the 2019 peak and marking the worst outbreak since the 1990s. The current surge, primarily driven by a large outbreak spanning Texas and neighboring states, surpasses the size of any single outbreak since measles elimination was declared in 2000. At least 935 cases have been reported nationally, with a significant portion linked to the Texas outbreak, and the true number is likely higher due to underreporting. While the rate of new cases in Texas appears to be slowing, officials warn it’s too early to declare the outbreak over.
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Following a verbal altercation caught on video, Perry Greene, ex-husband of Rep. Marjorie Taylor Greene, issued a public apology to a group of Muslim women he harassed at a Georgia shopping mall. Greene, who directed hateful comments and slurs at the women as they prepared to pray, attended a prayer event with Muslim leaders before his apology. Although Alpharetta police deemed the incident not criminal, the women described the encounter as a prolonged and hateful attack. Rep. Greene’s office did not respond to requests for comment.
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At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett strongly criticized the use of tariffs as a trade weapon, arguing that such protectionist policies are a “big mistake.” He emphasized the importance of global prosperity, asserting that it benefits the U.S. rather than harming it. Buffett warned of the negative long-term consequences for the U.S. from alienating much of the world, contrasting it with America’s remarkable economic success. His comments, considered his most direct on the topic, followed recent significant tariff increases and subsequent market volatility.
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Berkshire Hathaway’s first-quarter operating earnings decreased 14% to $9.64 billion, primarily due to a 48.6% drop in insurance-underwriting profit, partially attributed to Southern California wildfires. The decline also reflects a $713 million foreign exchange loss, contrasting with a gain the previous year. Tariffs and geopolitical uncertainties, particularly impacting BNSF Railway and Geico, created an unpredictable environment and contributed to the decrease. Despite this, Berkshire’s cash reserves reached a record high of over $347 billion.
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Following childbirth at Tucson Medical Center, Erika, a Guatemalan national, was placed into the custody of U.S. Customs and Border Protection. This occurred despite her recent delivery. The circumstances surrounding her detention remain unclear. Further details regarding her immigration status and the reasons for her apprehension are not currently available.
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Following a record-breaking $167.3 million Powerball win, Kentucky resident James Farthing was arrested in Florida on multiple charges. The arrest stemmed from an altercation at a St. Pete Beach establishment where Farthing allegedly kicked a deputy in the face during a dispute with another patron. Authorities apprehended Farthing after a brief struggle, and he was booked into the Pinellas County jail. This incident occurred just days after Farthing claimed his winnings, which he will share with his mother.
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Germany’s domestic intelligence agency designated the Alternative for Germany (AfD) party as a right-wing extremist group due to its exclusionary rhetoric and attempts to undermine democratic institutions. This decision, granting authorities increased surveillance powers, sparked a diplomatic dispute with the US, with officials like Vice President Vance and Secretary Rubio criticizing the move as undemocratic and tyrannical. The German government defended its action as a necessary measure to protect its constitution, citing the AfD’s growing popularity and extremist tendencies. The AfD, currently Germany’s largest opposition party, condemned the decision as politically motivated.
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John Q. Hosedrinker