Warren Buffett says he’s handing over Berkshire Hathaway reins after realizing how much more Greg Abel could get done in a 10-hour day

• At 94, Warren Buffett announced he will step down as CEO of Berkshire Hathaway, emphasizing his strong support for successor Greg Abel, whom he praised for his energy, effectiveness, and leadership. Buffett called it "unfair" to hold Abel back any longer, reaffirming his confidence in Abel's ability while pledging to remain involved and continue supporting the company’s future.

At the age of 94, Warren Buffett said he finally began slowing down.

The Berkshire...