Sovereignty, a 7-1 to 9-1 underdog, surges past favorite Journalism to win the 151st Kentucky Derby on a sloppy track, earning a $3.1 million prize and positioning himself as a strong Triple Crown contender.
Berkshire Hathaway's longtime CEO Warren Buffett to retire, with Greg Abel named as his successor.
Berkshire Hathaway's record cash reserves signal Buffett's cautious stance amid market uncertainty, as the company reports weaker earnings and investment losses.
Sovereignty, a 7-1 to 9-1 underdog, surges past favorite Journalism to win the 151st Kentucky Derby on a sloppy track, earning a $3.1 million prize and positioning himself as a strong Triple Crown contender.
Berkshire Hathaway's longtime CEO Warren Buffett to retire, with Greg Abel named as his successor.
Berkshire Hathaway's record cash reserves signal Buffett's cautious stance amid market uncertainty, as the company reports weaker earnings and investment losses.