Warren Buffett announced he is stepping down as chairman of Berkshire Hathaway after more than six decades at the helm, transitioning to the role of chairman emeritus while remaining on the board. His son Howard Buffett will take over as chairman, following Greg Abel's earlier appointment as CEO less than a year ago. Buffett, 96, cited his age in a shareholder letter while expressing confidence in Berkshire's future.
U.S. job growth rebounded in August with employers adding 162,000 positions, a marked improvement after several months of weaker hiring over the summer. The figure surprised economists who had expected more modest gains, signaling renewed momentum in the labor market.
Proper Dolby Atmos soundbar placement requires clearing obstructions like ceiling fans and light fixtures so upward-firing drivers can bounce sound cleanly off a flat ceiling. The soundbar should sit roughly halfway up the wall, parallel to seating and near ear level, while side-firing models need unobstructed wall reflections toward the couch. Smaller soundbars without up-firing drivers, such as the Sonos Beam, offer more flexible placement for compact spaces using virtual Atmos processing instead.
After a March 2025 executive order targeted the Community Development Financial Institutions Fund for elimination, B:Side Capital CEO faced an existential threat to the SBA-backed lender's operations. Rather than scrambling for a new strategy, the CEO relied on a previously established written code of decision-making principles to guide the organization through the weekend crisis and present a plan to staff and board by Monday.
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