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Berkshire Hathaway Announces CEO Transition as Kentucky Distillery Reopens Amid Record Flooding

Leadership Change at Berkshire Hathaway

Warren Buffett, the iconic CEO of Berkshire Hathaway, has officially stepped down from his role. In a significant move, he has endorsed Greg Abel as his successor. Abel, who has been with the company for several years, is expected to lead Berkshire into its next chapter, continuing the legacy of one of the most successful investment firms in history.

Kentucky Distillery Reopens for “Derby Week”

In a remarkable display of resilience, a distillery in Kentucky has reopened its doors despite facing severe flooding. The establishment aims to welcome visitors just in time for the renowned “Derby Week,” a celebration that attracts numerous attendees every year. This reopening is not just a sign of recovery; it’s also a testament to the local community’s spirit and dedication.

For ongoing coverage and updates, stay tuned to CBS News.

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