Business
Berkshire Hathaway’s Warren Buffett over the weekend announced plans to step down as chief executive starting next year. Greg Abel, the vice chairman of non-insurance operations at Berkshire, received unanimous approval from the board to succeed Buffett, who, after more than half a century, plans to relinquish the top job. Abel…
Investing in the market is a lifelong endeavor — the sooner you start, the better off you will be. Looking at the last hundred years, it seems like an easy decision. Since the late 1970s, anyone would take all the gains in the S&P 500 against the occasional loss.…
Italian restaurant chain Bertucci’s filed for Chapter 11 bankruptcy protection in late April for the third time since 2018. The Massachusetts-based business, which has locations along the East Coast and is best known for its brick oven pizza and pasta, has closed seven underperforming locations – five in Massachusetts,…
Trump 2.0 is moving faster and hitting harder on tariffs, former Commerce Secretary Wilbur Ross says
Former Commerce Secretary Wilbur Ross helped launch President Donald Trump’s trade wars in the first term – now he says the White House is moving faster, hitting harder and taking a more unilateral approach to trade policy. In an interview with Fox News Digital, Ross – who served in the…
Skype is no more, as Microsoft is retiring the once-popular video calling service on Monday. Shutting down Skype will help the software giant focus on its homegrown Teams service by simplifying its communication offerings, Microsoft announced back in February. To ease the transition from the platform, its users will be able…
Millions of student loan borrowers in default will start receiving notices on Monday that they are being put into collections. The move comes after the Department of Education said last month that it is trying to protect U.S. taxpayers “from shouldering the cost of federal student loans that borrowers willingly…
Australian Prime Minister Anthony Albanese said on Monday he had a “warm conversation” with President Donald Trump about tariffs and the AUKUS defense pact after his re-election over the weekend. Albanese, Australia’s first prime minister to win a second consecutive term in two decades, secured his re-election when his center-left…
Multiple Republican attorneys general have launched a probe into Apple and Google regarding their hosting of TikTok, Deep Seek and other Chinese-owned apps on their app stores. Former President Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act into law in April 2024. The law sought to ban…
Starbase, the area in Cameron County, Texas, where billionaire Elon Musk’s SpaceX company operates, will soon be an officialcity. Eligible residents in Starbase, most of whom are SpaceX employees, voted in an election on Saturday in favor of incorporating a patch of land as the new municipality, according to BBC…
President Donald Trump vowed to extend the deadline for the “TikTok ban” until a deal is struck to sell the Chinese-owned social media app to a U.S. owner, saying in an interview on Sunday that he has a “warm spot” in his heart for it. “I’d like to see it…