Warren Buffett’s donations to the Bill & Melinda Gates Foundation will stop when he dies, with his daughter and two sons overseeing a new charitable trust, the Wall Street Journal reported Friday.
US bank stocks declined after Moody’s Investors Service lowered its ratings for 10 small and midsize lenders and said it may downgrade major firms including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp.