Berkshire Hathaway Inc. Chief Executive Officer Greg Abel will earn an annual cash salary of $25 million, the firm said in a filing Tuesday, far eclipsing the $100,000 that his predecessor Warren Buffett earned for decades in the role.

A group of banks has kicked off a roughly $7 billion leveraged loan sale to help fund the buyout of medical-device maker Hologic Inc., one of the biggest acquisition financings expected to hit the market in the coming months for junk-rated borrowers.

CVS Health Corp. met a tough judicial panel in a former Aetna Inc. investor’s bid to revive a proposed class action tied to disclosures about its long-term care unit made during its 2018 acquisition.

A 2016 civil investigative demand made to Cigna Group by the US Department of Justice over potential False Claims Act violations counts as a covered “claim” under excess insurance policies, a Delaware state court ruled.

American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced by Aon Plc’s Eric Andersen.

A Nationwide Mutual Insurance Co. unit sued Electronic Arts Inc., seeking a court declaration that it has no duty to cover claims alleging the video maker designed its Battlefield series with addictive features.