James R. Schlesinger, who served as U.S. secretary of defense under Presidents Richard Nixon and Gerald Ford before becoming the nation’s first energy chief in Jimmy Carter’s administration, has died. He was 85.
This week’s notable deaths included the co-founder of the Sequoia Fund; the last surviving creator of the American Football League and owner of the Buffalo Bills; a former U.S. secretary of defense; the prime minister of Spain who led the country from dictatorship to democracy; and a former New Yorker staff writer who wrote about the horrors of war.
Berkshire Hathaway Inc. Chairman and Chief Executive Officer Warren Buffett announced a stock swap today in which he will exit most of his four-decade investment in the firm that owned the Washington Post newspaper.
President Barack Obama’s plans to confront Russian aggression and aid Ukraine are complicated by a domestic roadblock: House Republicans wary of bailouts and suspicious of empowering the International Monetary Fund.