Berkshire Hathaway's Warren Buffett said Saturday he wants Des Moines resident Greg Abel to take over the trillion-dollar conglomerate as CEO by year's end. Buffett, the world's ...

NEW YORK] Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren ...

Abel has been Buffett's designated successor for years, and he already manages all of Berkshire's noninsurance businesses.