Leonard Lauder, the influential figure who expanded Estee Lauder into a global cosmetics empire, has died at 92. His philanthropic efforts and business innovations left a lasting impact on the beauty industry.
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In a stunning announcement at Berkshire Hathaway's annual meeting, Warren Buffett revealed he will step down as CEO after 55 years, recommending Greg Abel as his successor. Tributes from global business leaders poured in, celebrating Buffett's unparalleled impact on the investment world.
HSBC is making strategic shifts in its business operations, focusing on Asian markets while restructuring globally. Amid pressure to enhance profitability and navigate geopolitical challenges, the bank aims to streamline operations and boost returns.
