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Warren Buffett takes next step in his succession plan

Business

OMAHA, Neb. (AP) — Warren Buffett is stepping down as chairman of Berkshire Hathaway in the next step of the transition at the top of the $1 trillion conglomerate he led for more than six decades. Buffett, 96, will become chairman emeritus and will take on his new role immediately, the company said Friday. His oldest son, Howard, will become Berkshire Hathaway’s new chairman, part of a long-planned succession. Howard Buffett has been on the Berkshire Hathaway board since 1993. Warren Buffett, known by a legion of financial market followers as the Oracle of Omaha, will remain a ...

Nation and world at a glance: Cuba hit with another blackout as millions across island lose electricity

National News

Cuba hit with another blackout as millions across island lose electricity HAVANA — Cuba’s power grid has collapsed, leaving millions of people across the island without electricity. The Ministry of Energy and Mines announced the blackout on its official X account without mentioning the cause and added that officials had begun “activating service-restoration protocols.” Power grid collapses have become increasingly common over the past two years because of the severe economic crisis gripping the island. They have worsened since January, after the United States imposed an ...

Sky’s the limit at regional airport

Latest News

VIENNA — The Mahoning Valley’s long-term commitment to the aerospace and defense sector, coupled with a pathway to its past, was showcased Friday, courtesy of the Western Reserve Port Authority. Anthony Trevena, the port’s executive director, outlined the growth at the Youngstown-Warren Regional Airport during the agency’s meeting inside one of the airport’s hangars. “This is a massive celebration,” he said. “You’re going to celebrate over $42 million in investments coming from many sources.” A $1.71 million grant through JobsOhio, presented by Lake to River ...

Packard museum adds 1953 ragtop to collectionv

Local News

WARREN — A 1953 Packard Caribbean Sports Convertible is the latest addition to the National Packard Museum’s permanent collection. The vehicle was delivered Tuesday from North Carolina, and was donated by Robert Ryan. It’s an important car in telling the history of Packard’s final ...

Man, pet die following Weathersfield fire

Latest News

WEATHERSFIELD — Township fire Chief Tom Lambert confirmed one person and his pet died in a Friday morning fire at a mobile home park. Lambert said the first call for the fire came in as an explosion at Deforest Road, and both Howland and Weathersfield were dispatched because the road is shared, with Howland firefighters reporting it was in Weathersfield once they arrived. Lambert said both Howland and Weathersfield firefighters made an initial attack on the fire, finding the resident immediately in the back part of the structure. Lambert said the man was taken to St. Joseph ...