Warren Buffett announced his retirement as CEO of Berkshire Hathaway after 55 years, emphasizing the importance of patience, compounding, and investing in companies rather than markets. His successor, Greg Abel, will inherit over US$340 billion in cash for future investments. This year’s Berkshire Hathaway Annual General Meeting was particularly notable as it marked Buffett’s departure, highlighting the event’s role as both an investor relations masterclass and a celebration of Buffett’s legacy.
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Tauranga: Critically injured man trapped for hours
A man was critically injured after being trapped for over seven hours in a tractor struck by a falling tree on a Tauranga orchard. Emergency services, including fire, police, and ambulance crews, extricated him, and he was subsequently airlifted to Waikato Hospital. WorkSafe has been notified of the incident, which occurred on Friday, with the emergency report coming six hours after the man became trapped. Full Article
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