Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile…
Taiwan’s coastguard has detained a cargo ship and its Chinese crew after an undersea cable in the Taiwan Strait was damaged on Tuesday, saying it cannot rule out the possibility it was a deliberate “grey zone” act. “Whether the cause of the undersea cable breakage was intentional sabotage or a simple accident remains to be…
Jaque Silva | Nurphoto | Getty Images As heavily funded startups and tech giants hustle to get any lead they can in artificial intelligence, Anthropic says it’s developed the company’s “most intelligent” AI model yet. The Amazon-backed startup on Monday unveiled Claude 3.7 Sonnet. What makes it unique is its so-called hybrid model, which combines…
Police in Uganda are investigating the death of a Nigerian professional footballer who allegedly fell from a shopping mall in the capital, Kampala. Abubakar Lawal, 29, reportedly fell from a third-floor balcony at the Voicemall Shopping Arcade, where he had gone to visit a Tanzanian friend. He was taken to hospital where he was pronounced…
As the clean energy economy expands, finding the minerals and metals that power it becomes increasingly critical. The answer might lie with artificial intelligence. Electric cars, solar panels and hydrogen fuel cells all have one thing in common: the need for precious metals. Historically, that’s required going through the arduous process of finding the metals…
The ABC’s earlier legal argument that Antoinette Lattouf had to prove the existence of a Lebanese race should “never have been made”, the broadcaster has conceded at a parliamentary committee which heard the case cost $1.1m in external lawyers. The ABC’s defence of Lattouf’s unlawful termination case originally argued she must prove the existence of…
US President Donald Trump speaks while signing an executive order in the Oval Office of the White House to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the country’s top trading partners. Bloomberg | Bloomberg | Getty Images It’s quiet… too quiet. After a few…
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s advisory body, the…
US government workers faced widespread confusion on Monday following conflicting advice over compliance with an Elon Musk-backed order to list their last week’s work in an email or face termination. Just 48 hours after an email asking “what did you do last week?” was sent, the office behind it clarified responses were voluntary, leaving agencies…
A motorway bridge collapse has killed at least three people and injured seven as spans of the partly built structure collapsed one after the other. The accident took place on Tuesday in Anseong, about 70km (43.5 miles) from Seoul, when five 50-metre steel support structures collapsed in turn after being hoisted into place by a…
