Warren Buffett will step down as chairman of Berkshire Hathaway, less than a year after handing over the CEO reins, the company said Friday. The big picture: The "Oracle of Omaha" is 96, and his insurance-to-railroads conglomerate is moving onto a new generation, with his son Howard as chairman. This is breaking news. Check back for updates.
Sultan Ahmed bin Sulayem was credited with turning the state-backed DP World into a global logistics powerhouse. He was recently identified in correspondence with Jeffrey Epstein.