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Warren Buffett retires as Berkshire Hathaway CEO

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Warren Buffett’s last day as Berkshire’s CEO After six decades in the job he bought for himself with what he’s called the “dumbest”…

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Dick’s Sporting Goods expands House of Sport stores

As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger. The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working….

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Iran warns US it will target military bases as Trump threatens intervention amid nationwide protests

Iran’s parliament speaker threatened to retaliate against the US if President Trump follows through on his warnings to intervene as Tehran continues its crackdown on protesters. During a live broadcast of the parliament session on Iranian state television, speaker Mohammad Bagher Qalibaf gave a speech praising the military force’s action, and warning that the US…

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