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Berkshire Raises Stake in Mitsubishi Above 10%
Berkshire Hathaway, through its wholly owned unit National Indemnity Company, has raised its stake in Japan's Mitsubishi Corp and Mitsui & Co., the companies said Thursday.
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UAW Union at GE Ohio, Kentucky Plants Goes on Strike
Members of the United Auto Workers union at GE Aerospace's Evendale, Ohio, plant and Erlanger, Kentucky, distribution facility went on strike Thursday after failing to reach a new contract agreement, UAW President Shawn Fain said.
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Morning Bid: Nvidia Profit Merely Awesome, Not Legendary
Sky-high expectations left Nvidia shares in the red overnight despite another earnings beat from the world's most valuable company, as the market grumbled about slowing growth in core areas and ongoing geopolitical obstacles.
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Nasdaq Futures Flat on Nvidia's China Market Uncertainty
Futures tracking the tech-heavy Nasdaq were flat on Thursday, constrained by a drop in Nvidia shares, as uncertainty around the Sino-U.S. trade war forced the AI chip giant to leave out potential China sales from its quarterly forecast.
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Nvidia CEO Says AI Boom Far From Over
Nvidia CEO Jensen Huang dismissed concern about an end to a spending boom on artificial intelligence chips and said opportunities will expand into a multi-trillion-dollar market over the next five years.
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Pro-DEI Group to Keep Boycotting Target
Organizers of a Target boycott that began in January are pointing to their tactics as a hopeful sign that actions against corporate retailers can still make a deep impact.
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CrowdStrike's Q3 Revenue Forecast Disappoints
CrowdStrike forecast for third-quarter revenue dissapointed Wednesday, signaling cautious spending by clients facing economic uncertainty.
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Mamdani Rent-Freeze Vow Unsettles NYC Landlords
Democrat mayoral candidate Zohran Mamdani's pledge to freeze rents on stabilized apartments in New York City is unsettling small-scale landlords who say the democratic socialist's housing policy threatens to put them out of business.
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AI Leader Nvidia Forecasts Q3 Revenue Above Estimates
Nvidia forecast third-quarter revenue above Wall Street estimates Wednesday, helped by robust demand for its artificial intelligence chips from cloud providers expanding infrastructure to power generative AI technology.
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WH Aide: Cracker Barrel Restored Logo After Trump Call
Cracker Barrel abandoned its new logo following a call with the White House, where executives thanked President Donald Trump for his involvement in the matter, a West Wing staffer said Wednesday.
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HP Beats Q3 Revenue Estimates on AI PCs, Windows 11 Upgrade
HP Inc. beat Wall Street estimates for third-quarter revenue Wednesday, driven by growing demand for artificial intelligence-powered personal computers and Windows 11 upgrade cycle.
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S&P 500 Hits Record High Ahead of Nvidia Results
The S&P 500 notched a record high close Wednesday ahead of quarterly results from Nvidia, Wall Street's most closely watched event this week, which will test the rally that has pushed valuations of AI-related companies to levels that some investors view as too high.
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EU Turns Up the Dose of Its Poison
The Chancellor seems to have collided with reality during the summer break. Merz sees the German social system in deep crisis. Meanwhile, his political allies in Brussels are calling for an increase in the very dose of poison that is making Europe sick.
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Yellen Hits Trump's 'Unlawful' Firing of Fed Governor
President Donald Trump's bid to remove Federal Reserve Governor Lisa Cook is both "unlawful and dangerous," according to former Treasury Secretary Janet Yellen, calling it a direct attack on the independence of the central bank.
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Travis Kelce, American Eagle Partner on Fashion Line
It's been quite a couple of days for Travis Kelce. On Tuesday, the Kansas City Chiefs All-Pro tight end and pop megastar Taylor Swift announced their engagement.
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Gold to Gain as Fed Eyes Cuts
Federal Reserve Chair Jerome Powell lit up the financial markets when he suggested the Fed could cut interest rates at its September meeting. That possibility sparked a powerful rally on Wall Street. Investors love the idea of cheaper credit and easier money.
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Summer Lull Swallows France's Debt Crisis
Brief Respite for French Prime Minister
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Study: DEI Still Present in Higher Ed Hiring Practices
The Heterodox Academy (HxA), a nonprofit education resource organization, reports that questions from many colleges and universities to job applicants still find ways to address diversity, equity and inclusion (DEI) in their initial contacts.
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Labor Day Gas Prices Expected to Hit Lowest in 5 Years
Gas prices over Labor Day weekend are expected to be the lowest in five years, according to an analysis by GasBuddy.
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The 2025 Toyota Corolla FX: Lower, Cooler, and a Nod to Nostalgia
The 2025 Toyota Corolla FX special edition is here, and it's bringing a fresh dose of style to the compact sedan scene.
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Democrats Aren't Even Hiding It: They're Pro-Crime
Washington, D.C. has one of the highest murder rates among major U.S. cities, with more than 100 homicides so far this year, an average of nearly three per week. There have been zero murders in the two weeks since the president federalized policing.
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ByteDance Share Buyback Sets Value at $330 Billion
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth, said three people with knowledge of the matter.
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Sen. Warren: 'Hit Men' Helping Trump Take Over Fed
Sen. Elizabeth Warren, D-Mass., asserted that President Donald Trump is casting the Federal Reserve into the "bad guys" for higher prices and has "hit men" digging up dirt on board members in an attempt to "seize control" of the central bank.
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Apple Teams Up With TuneIn to Boost Radio Features
Apple will distribute its curated radio stations on a global network of devices, including speakers, headphones and cars, through a partnership with TuneIn, the digital radio platform said Wednesday.
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Kia's Bold Vision Shines: Your Future Ride Awaits
Imagine a world where your car isn't just a way to get around -- it's a lifestyle. That's the bold vision Kia unveiled at Milan Design Week from April 7-9, 2025, at Eastend Studios in Milan, Italy.Their "Transcend Journey" display wasn't just about sleek vehicles; it was a...