Berkshire Hathaway

Warren Buffett steps down as Berkshire chair, becomes chairman emeritus

Howard Buffett will chair the $1 trillion conglomerate as his father remains on its board in an advisory role.

|ByREUTERS
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019; illustrative.
Amazon is shutting down its fledgling health care service, Amazon Care, at the end of this year. Shown is an Amazon facility in Sunnyvale, California.

Amazon is ending its health care service, Amazon Care

Back in February, Amazon said it expected to roll out in-person services to 20 new cities this year.

|ByLAUREN ROSENBLATT/THE SEATTLE TIMES/TNS
A United Airlines passenger jet taxis at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019.

Berkshire Hathaway sells off entirety of stakes in US airline companies

The conglomerate was one of the largest individual holders in the four airlines and in 2016 disclosed it had begun investing in the four carriers after avoiding the sector for years.

|ByREUTERS