Berkshire Hathaway's first post- Warren Buffett acquisition: Buys homebuilder Taylor Morrison for $8.5 Billion

Berkshire Hathaway is buying homebuilder Taylor Morrison for $8.5 billion! This is their first big buy since Warren Buffett stepped down. Greg Abel, the new CEO, said, "We are excited to welcome Taylor Morrison." They plan to use Berkshire's cash to grow in the housing market, helping more people own homes.