Episode Details

Story of the Week (DR):

Berkshire board names Greg Abel as CEO, Buffett to remain chair

Warren Buffett says he'll propose Greg Abel take over as Berkshire Hathaway CEO at year-end

Warren Buffett makes surprise announcement: He's stepping down as Berkshire Hathaway CEO

OpenAI  backs off push to become for-profit company

In a nutshell, with help from its chatbot: “OpenAI has restructured into a hybrid model with a nonprofit parent company, OpenAI Inc., and a for-profit subsidiary now called a Public Benefit Corporation (PBC). This shift allows for investment while keeping a focus on its mission of developing AGI for the benefit of humanity. The change responds to previous criticism about reducing nonprofit oversight.”

OpenAI’s nonprofit mission fades further into the rearview

Sam Altman urges lawmakers against regulations that could ‘slow down’ U.S. in AI race against China

Kohl’s CEO Fired After Investigation Finds 'Highly Unusual' Business Deal with Former Romantic Partner

Kohl's CEO Ashley Buchanan was fired after an internal investigation revealed he violated the company's conflict-of-interest policies. The probe found that Buchanan directed business to a former romantic partner, Chandra Holt, who is the CEO of Beyond Inc. and founder of Incredibrew. Holt secured a multimillion-dollar consulting deal with Kohl's under unusually favorable terms, which Buchanan failed to disclose.

As a result, Buchanan was dismissed for cause, forfeiting equity awards and required to repay a portion of his $2.5 million signing bonus.

This marks the third CEO departure at Kohl's in just three years, highlighting ongoing leadership instability amid declining sales.

Proxy Firms Split on Harley-Davidson Board Shake-Up MM

Glass Lewis= Withhold; ISS =  What’s happening at Harley exactly?

We have a fun twist at the proxy cage match between

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