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... Warren Buffett steps down as CEO of Berkshire Hathaway, says Greg Abel should be successor

Billionaire investor Warren Buffett announced that he intends to step down as CEO of the empire he built at the end of 2025. He tapped Vice Chair Greg Abel as his successor. Jo Ling Kent reports.
https://www.cbsnews.com/video/warren-buffett-steps-down-ceo-berkshire-hathaway-says-greg-abel-should-successor/

... Who is Greg Abel, Warren Buffett's choice to replace him as CEO

Warren Buffett announced Saturday he would step down as CEO of Berkshire Hathaway at the end of the year.
https://www.cbsnews.com/news/greg-abel-warren-buffett-ceo-of-berkshire-hathaway-who-is/

... Stove installed in Sistine Chapel to burn ballots at conclave to elect new pope

The Holy See released a video Saturday of the preparations for the May 7 conclave after Pope Francis died on April 21.
https://www.cbsnews.com/news/vatican-workers-install-stove-sistine-chapel-ballots-burned-conclave-elect-new-pope/

... Pirates say 20-year-old fan who fell at PNC Park consumed 2 beers

The mother of Pirates fan Kavan Markwood said Saturday that her son was "awake, alert and able to speak."
https://www.cbsnews.com/news/pirates-update-probe-into-fan-fall/

... 31 iconic Met Gala looks from the best-dressed guests since 1973

We're counting down the most iconic Met Gala looks from the best dressed stars, like Zendaya, Cardi B and, of course, Rihanna.
https://www.cbsnews.com/news/iconic-met-gala-looks-best-dressed/

... Republicans in Congress Use Obscure Law to Roll Back Biden-Era Regulations

As G.O.P. lawmakers have largely ceded power to President Trump, they are also pushing the bounds of a little-known statute to undo federal rules — and potentially undermining the filibuster.
https://www.nytimes.com/2025/05/03/us/politics/republicans-congressional-review-act.html

... No Country for Old Politicians? Some California Democrats Want an Age Cap.

As the Democratic Party tries to win back support, some members say forcing older politicians to retire is one solution.
https://www.nytimes.com/2025/05/03/us/california-democrats-politicians-aging.html

... Trump Administration Sues Colorado and Denver Over Immigration Policies

The lawsuit, which names the governor and mayor as defendants, is the latest move by the White House to try to get local governments to cooperate more with its immigration agenda.
https://www.nytimes.com/2025/05/03/us/politics/trump-colorado-denver-lawsuit-immigration.html

... Warren Buffett Plans to Step Down as Berkshire Hathaway CEO by End of 2025

Mr. Buffett said at the annual shareholders’ meeting that he wanted to turn over the reins to Greg Abel at the end of the year. Earlier, he criticized Trump’s trade policies.
https://www.nytimes.com/2025/05/03/business/berkshire-earnings-warren-buffett.html

... Trumps Tariffs Create Fear and Uncertainty at Vietnams Factories

The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.
https://www.nytimes.com/2025/05/04/business/trump-tariffs-vietnam-factories.html

... As China Looks for Way Out of U.S. Trade Deadlock, Fentanyl Could Be Key

Chinese officials have long used their willingness to cooperate to stem the flow of fentanyl to the United States as leverage in talks over broader disputes.
https://www.nytimes.com/2025/05/03/world/asia/us-china-tariffs-fentanyl.html

... Oil Prices Are Falling. Heres Where That Could Spell Trouble.

For countries that depend heavily on oil revenue, dropping prices are worrisome.
https://www.nytimes.com/2025/05/03/world/europe/oil-prices-tariffs.html

... Harvards President Alan Garber Talks About His Legal Fight With Trump

Alan Garber became a hero to liberals after Harvard resisted the federal government. At the same time, he is trying to remake campus culture in ways the Trump administration might appreciate.
https://www.nytimes.com/2025/05/03/us/harvard-alan-garber-trump-administration.html

... Message From the Russian Military: We Lost Your Son

Russia lacks any formal, organized effort to account for legions of missing soldiers. That often leaves relatives in limbo, fending for themselves with scant government information.
https://www.nytimes.com/2025/05/03/world/europe/russia-missing-soldiers-ukraine-war.html

... Ukraine Rejects Russian Call for a Three-Day Cease-Fire

President Volodymyr Zelensky called the proposal a “theatrical show” and said such a short truce would not bolster negotiations for a lasting peace.
https://www.nytimes.com/2025/05/03/world/europe/ukraine-russia-ceasefire-talks.html

... The Best Hats at the 2025 Kentucky Derby

From traditional hats to fascinators and headdresses, the best looks at the 151st running of America’s most fashionable sporting event.
https://www.nytimes.com/2025/05/03/style/kentucky-derby-2025-hats.html

... After 100 Years, Britains Two-Party Political System May Be Crumbling

Nigel Farage’s right-wing populist party, Reform U.K., is presenting a serious challenge to the governing Labour Party and to the opposition Conservatives.
https://www.nytimes.com/2025/05/04/world/europe/england-elections-farage-reform.html

... People Who Are Salaried Are Crying: Taxes on Workers Add to Debt Misery

Increased payroll taxes are one element of a desperate bid in Kenya to keep the government running and pay off the country’s foreign creditors.
https://www.nytimes.com/2025/05/04/business/economy/kenya-debt-taxes.html

... Poised to Expand Gaza Offensive, Israel Calls Up Thousands of Reserve Soldiers

The mobilization could indicate that Israel is preparing to shift its tactics in its fight against Hamas.
https://www.nytimes.com/2025/05/03/world/middleeast/israel-mobilizes-reservists-gaza.html

... Houthi Missile Hits Near Tel Aviv Airport

At least two people were reported injured, and flights were temporarily suspended.
https://www.nytimes.com/2025/05/04/world/middleeast/houthi-missile-tel-aviv-israel.html


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