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The Oracle of Omaha is bowing out.
From Marketplace, I'm Sabri Beneshour, in for David Brancaccio. Warren Buffett is stepping down as head of Berkshire Hathaway after 60 years. The time has arrived where Greg should become the chief executive officer of the company at year end.
That was the legendary investor himself making the announcement at Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska. The Greg he mentions is Vice Chairman Greg Abel, who would need approval from Berkshire's board. I would still hang around and could conceivably be useful in a few cases. Marketplace's Nancy Marshall-Genzer has more.
The 94-year-old Buffett will still be chairman of Berkshire Hathaway, but he says Greg Abel will have the final word on investment decisions and company operations. Buffett says he plans to keep his money in Berkshire and has no intention of selling his shares, pledging to, quote, give it away eventually. Before his retirement announcement, Buffett talked about the global economy, warning that President Trump's trade war could cause worldwide instability.
and adding that trade should not be a weapon. Buffett said there should be trade balance between countries, but Trump was taking the wrong approach. Buffett also tried to reassure investors worried about market volatility, saying there's no comparison between the recent drop and the market crash at the start of the Great Depression. I'm Nancy Marshall-Genzer for Marketplace.
OPEC Plus, that's the oil cartel plus a few other oil producing countries. Well, it adjusts production of oil to manipulate global oil prices. That is what cartels do. Often its members lower the supply of global oil to push prices up and then they all make more money. But what happens when a member doesn't go along? Iraq and Kazakhstan didn't cut their production as they were supposed to while everyone else did.
So they made even more money. Well, now they're getting punished, analysts say. OPEC Plus got together over the weekend and decided everyone would increase the supply of oil, driving down prices. West Texas Intermediate is, sure enough, down about 1.3%. ♪
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Price guarantee applies to then current base monthly rate. Additional terms and conditions apply. Six months from now, you could be running a 5K, booking that dream trip, or seeing thicker, fuller hair every time you look in the mirror. Through HERS, you can get dermatologist-trusted, clinically proven prescriptions with ingredients that go beyond what over-the-counter products offer. Whether you prefer oral or topical treatments, HERS has you covered. Getting started is simple.
Just fill out an intake form online and a licensed provider will recommend a customized plan just for you. The best part? Everything is 100% online. It prescribed your treatment ships right to your door. No pharmacy trips, no waiting rooms, and no insurance headaches. Plus, treatments start at just $35 a month. Start your initial free online visit today at 4hers.com slash listen.
That's F-O-R-H-E-R-S dot com slash listen. Compounded products are not FDA approved or verified for safety, effectiveness, or quality. Prescription required. Price varies based on product and subscription plan. See website for full details, restrictions, and important safety information.
We return now to our Odd Job series, What's That Like? A few weeks ago, we heard from an oyster farmer based in Massachusetts, and we are sticking with our aquatic theme here. Today, we learn what it's like to work in aquatic animal medicine. Dr. Cara Field works at the Marine Mammal Center. That is a teaching hospital located on the California coast.
My name is Dr. Cara Field and I am the Director of Conservation Medicine at the Marine Mammal Center. I am one of those people that got my interest and started really young with animals, probably five or six years old. You know, what do you want to be? I was like a veterinarian. I was very fortunate to grow up on the coast, but I didn't know that there were vets for aquatic animals. Long before us, great travelers were crossing our oceans.
risking it all to ensure the future of the next generation. - There's not really a focus track for aquatic animals or too many exotic species in veterinary medicine. Most schools have the option to do out rotations or externships.
So I was fortunate to do such a rotation here at the Marine Mammal Center when I was in vet school. And I was able to go to Florida to boat marine lab and work there for a few weeks where I got my first real exposure to sea turtle medicine and met some manatees and some dolphins. And it was like, these are very different species from the seals and sea lions I'm used to.
In wildlife medicine, we get animals in where we don't usually know their history. There'll be like a sea lion that's on a beach, unable to move. And in that case, you're like, well, it could be anything. So we do our very best to figure it out with the tools we have. And if we don't have the tools, we'll see if we can make the tools. It's not easy. They don't like to tell their secrets.
We have to get a little creative with how we learn about their health issues. The first time I cared for a baby harbor seal, it was like, oh my gosh, this thing is so cute. You just want to squeal and go like, oh, come on.
But you can't. I know the best thing for that baby seal is for me to stay away, except for when it needs that care, and then let it be with the other harbor seals and be a harbor seal. I think for a lot of folks that work with these animals, the feeling of satisfaction, of happiness, of joy, and releasing them back into the wild and seeing them go home is overwhelming sometimes, especially because the other side of that, the severe injury, the mortality is like,
Those can really weigh on you. I was in Louisiana during the Deepwater Horizon oil spill, and we received hundreds and hundreds of oiled sea turtles. And I did not know what to do with those oiled sea turtles because there was no reference. Nobody had cared for that number of oiled sea turtles. We came up with plans and some seemed to work well and others maybe not so well.
But in the end, we're able to release almost all of those turtles. But some of them were just, I mean, you could barely tell it was a turtle under all that oil. And that's a direct human impact. We can fix, you know, some of these animals when those direct impacts are felt. But how do we do better beyond that? So those are the kind of big picture questions I'm like,
I feel unsatisfied with, you know, my contribution there. Like, how can I do better, ultimately? My family was supportive of my interest in science, and I think that's a lot of why I was able to get where I am, is because of that support.
Even when I failed, even when I didn't get into vet school, it wasn't like, oh, well, do something else. So, you know, that's one of my take-homes to folks who are trying to get into this field and make it, and it's like, keep trying. It's not perfect. It's not a perfect system. Our desire isn't enough, so keep after it. In New York, I'm Sabree Beneshour with the Marketplace Morning Report from APM American Public Media.
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