Tesla owners and investors once believed the company and CEO Elon Musk were changing the world. Now many are selling their cars and dumping stock. Musk has sparked protests in front of Tesla stores and service centers in response to his politics. Many owners are affixing bumper stickers on their Tesla vehicles that say things…
The entrance of the Sketchers retail store at the Barton Creek Square Mall on July 16, 2024 in Austin, Texas. Brandon Bell | Getty Images Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital, the companies announced on Monday. The firm will pay $63 per share in cash for Skechers,…
The Berkshire Hathaway board voted unanimously on Sunday to make Greg Abel president and CEO on January 1, 2026 and for Warren Buffett, 94, to remain as chairman, the company said. Buffett shocked Berkshire shareholders and Abel by announcing in the final minutes of the annual shareholder meeting Saturday that he would be asking the…
The Berkshire Hathaway board voted unanimously on Sunday to make Greg Abel president and CEO on January 1, 2026 and for Warren Buffett, 94, to remain as chairman, the company said. Buffett shocked Berkshire shareholders and Abel by announcing in the final minutes of the annual shareholder meeting Saturday that he would be asking the…
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Australian markets fell in early trade Monday after Prime Minister Anthony Albanese returned to power, while most Asian markets were closed for holidays. He is the country’s first prime…
A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia. Kayla Bartkowski | Getty Images The CEOs of NPR and PBS said they’re looking into options to challenge the Trump administration following the president’s executive order to cut off public funding to the news…
U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Lawn of the White House in Washington, D.C., U.S., May 1, 2025. Nathan Howard | Reuters President Donald Trump took credit for the “good parts” of the economy in an exclusive interview with NBC News airing Sunday, but said…
Gregory Abel, Vice Chairman overseeing non-insurance operations for Berkshire Hathaway, meets shareholders in the exhibition hall during the Berkshire Hathaway Inc annual shareholders’ meeting in Omaha, Nebraska, U.S., May 3, 2024. Scott Morgan | Reuters Warren Buffett plans to hand over the reins of Berkshire Hathaway at the end of 2025 to Greg Abel, who…
Zoom In IconArrows pointing outwards U.S. President Donald Trump’s Truth post in papal attire Courtesy: The White House via X, formerly Twitter Trump attended Pope Francis’ funeral in Rome last weekend, during which he also met with Ukrainian President Volodymyr Zelenskyy. On Tuesday, days after returning from Francis’ funeral, Trump joked to reporters outside the…
OMAHA, Nebraska — Warren Buffett on Saturday brushed off recent stock market volatility that has rattled investors over the past several weeks. “What has happened in the last 30, 45 days … is really nothing,” the Berkshire Hathaway CEO said during the conglomerate’s annual meeting. Buffett pointed out that there were three occasions over the…
