Warren Buffett delivered a staunch defense of global trade, arguing that the U.S. benefits when the world prospers.“We should be looking to trade with the rest of the world, and we should do what we do best and they should do what they do best,

Billionaire Warren Buffett announced he is stepping down as Berkshire Hathaway's CEO on Saturday during the company's annual shareholder meeting.

Warren Buffett said he will step down as CEO of Berkshire Hathaway at the end of the year, and hand over the reins to Vice Chairman Greg Abel.