Business
- BusinessAutocar articles
Audi CEO on his biggest challenges: "I’ve never seen anything like it"
Gernot Döllner's considered, decisive demeanour is perfect at such an unprecedented time - we hear his plan
8 min read - USWDHN Dothan
Brightspeed employees picket following email response from corporate
ENTERPRISE, Ala. (WDHN) — A disconnect between the local union of Brightspeed, an internet service provider, and their corporate office. On Saturday in Enterprise, the local CWA union of Brightspeed workers gathered to hold an informational picket outside their building. They want better pay, a cap on overtime, and sick days that will be separate […]
1 min read - BusinessCincinnati.com | The Enquirer
Pure Irish Butter not so pure | Strictly Legal
This is a weekly column for The Cincinnati Enquirer
3 min read - BusinessThe Des Moines Register
MidAmerican's energy demand will double by mid-2030s, fueled by data center, AI demand
Warren Buffett, Greg Abel say billions of dollars needed to meet growing energy demand, transition to renewables. Abel ready to take over, Buffett says.
4 min read - BusinessBloomberg
Yellen Counsels Caution on Currency Intervention After Yen Surge
(Bloomberg) -- US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainFrance’s Macron Calls for Reset of Economic Ties With ChinaThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entertainment Va
2 min read - USThe Hill
DOJ files lawsuit against Texas prison agency for denying religious accomodation
The Department of Justice (DOJ) filed a lawsuit against a Texas prison agency for allegedly denying religious accommodation to an employee over wearing a head covering. Franches Spears, who was a records clerk within the agency’s Pam Lychner State Jail near Humble, Texas, was first put on leave with pay and later terminated after wearing…
2 min read - BusinessMotley Fool
It's Time to Rethink Holding This Beaten-Down Stock After an 80% Plummet
Do iRobot's struggles after the Amazon deal failure confirm sell signals?
5 min read - BusinessYahoo Finance
Why Warren Buffett's billions in cash at Berkshire Hathaway is a bearish stock market signal
Berkshire Hathaway cut its stake in Apple by about 13% as its cash pile hit a record high in the first quarter. A bearish signal all around?
4 min read - BusinessFortune
Elon Musk has turned Tesla into a meme stock as he tells Wall Street to value the EV maker like an AI company, top economist says
"The fundraiser, cheerleader, and coach for teams developing real technologies has become a meme-stock carnival barker."
2 min read - BusinessReuters
Berkshire shareholders reject climate, diversity, China proposals
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned
1 min read - BusinessFox Business
Buffett talks succession plan, pays tribute to Munger at annual meeting
Warren Buffett weighed in on Berkshire Hathaway's succession plans and paid tribute to his late friend and business partner Charlie Munger at the company's shareholder meeting.
4 min read - BusinessBloomberg
A Post-Buffett Berkshire Is Omaha Focus After Munger’s Passing
(Bloomberg) -- Berkshire Hathaway Inc.’s annual meeting on Saturday gave shareholders a glimpse of how the conglomerate will operate without Charlie Munger, who died last year at 99. Then came the questions: How will it operate without Warren Buffett?Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainFrance’s Macron Calls for Reset of Economic Ties With ChinaThe World’s Hunger for Salmon Is Linked to an
4 min read - BusinessMotley Fool
Interested in Self-Driving Cars? This Company Will Be the Biggest Winner (Hint: It's Not Tesla).
Tesla, Alphabet, and General Motors are all pursuing self-driving cars, but another company is playing a major role in the development of autonomous vehicles.
3 min read - BusinessMotley Fool
Elon Musk Just Met With Chinese Regulators. Here's Why That's Important.
His discussions with Chinese government officials could have a major impact on Tesla's future.
2 min read - BusinessYahoo Finance
Berkshire Hathaway annual shareholders meeting: Warren Buffett talks Apple, AI, Paramount, and more
Warren Buffett took hours of questions from shareholders on Saturday for the first time since the passing of his right-hand man, Charlie Munger.
3 min read - BusinessFox Business
Buffett explains Berkshire's reduced stake in Apple at annual company meeting
Warren Buffett discussed Berkshire Hathaway's decision to reduce its stake in tech giant Apple at Berkshire's annual meeting on Saturday in Omaha, Nebraska.
4 min read - BusinessMotley Fool
Here's How Saving Just $5 per Day for 30 Years Can Create a $1 Million Portfolio
You don't need to develop a secret strategy to earn solid returns. The key is to target growth stocks.
4 min read - BusinessReuters
Warren Buffett says Berkshire sold entire Paramount stake at a loss
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
1 min read - BusinessReuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's b
1 min read - BusinessFortune
Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway’s annual meeting
“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said.
2 min read - BusinessCNN Business
What exactly goes into closing costs?
Elevated interest rates and pricier listings have made it even harder to afford a new home. But there is an often-overlooked expense when buying a home: closing costs.
5 min read - WorldAFP
Death toll in southern Brazil flood rises to 58
The death toll from floods and mudslides triggered by torrential storms in southern Brazil has climbed to 58 people, with the major city of Porto Alegre particularly hard-hit, the country's civil defense agency said Saturday.Overall, raging floodwaters have left 74 people injured and another 67 missing, the civil defense agency said.
3 min read - BusinessFortune
Top Boeing executive weighs in on qualities the next CEO should have as the search for a new boss takes more twists and turns
In a note distributed to investors on Thursday, JPMorgan analysts recounted a recent meeting they had with Boeing CFO Brian West.
2 min read - BusinessBloomberg
ISS Recommends Boeing Investors Vote Against CEO Pay Package
(Bloomberg) -- Institutional Shareholder Services urged Boeing Co. investors to vote against a $32.8 million pay package for its chief executive officer, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainFrance’s Macron Calls for Reset of Economic Ties With ChinaThe World’s Hunger for Salmon Is Linked
2 min read - BusinessWJW
Grocery stores coming to NE Ohio ‘charge 60% less’
'Extreme Value" that's how Grocery Outlet Bargain Market is promoted and two of it's stores are coming to Northeast Ohio.
1 min read - BusinessYahoo Finance
What the Tesla Supercharger layoffs could mean for America's EV buildout
The latest layoffs at Tesla this week cut close to the bone of the EV pioneer’s big competitive advantage — its ubiquitous Supercharger network.
7 min read - BusinessReuters
Berkshire exec calls wildfire claims against utility 'unfounded'
Berkshire Hathaway, the conglomerate led by Warren Buffett, will fight all lawsuits brought against its utility business due to wildfires as the cases are "unfounded," a top executive said on Saturday. Greg Abel, who is widely recognised as Buffett's successor and the future Berkshire chief executive, said at Berkshire's annual shareholding meeting that "all the litigation will be challenged" in relation to PacifiCorp [PPWLO.PK].
2 min read - BusinessBloomberg
Indian Fintech Paytm Appoints New Executives as COO Resigns
(Bloomberg) -- Paytm appointed new business executives as the troubled fintech firm’s chief operating officer resigned. Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainFrance’s Macron Calls for Reset of Economic Ties With ChinaThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entertainment Value Is WaningCOO and President Bhavesh Gupta is leaving due to personal
1 min read - TechnologyDigital Trends
One of the most iconic iPhone accessories is back — and it’s great
The Mophie Juice Pack used to be an accessory that you would see everywhere, but then it vanished. Now it's back for the iPhone 15 series.
5 min read - BusinessFortune
Boeing’s weakness has a lesser known plane maker from Brazil gearing up to compete, and American Airlines’ CEO is a fan
“Therefore, we have no doubt Embraer could develop an excellent jet to compete in the same class as the 737 Max and the A320neo, on budget, on time and at a fraction of the cost of the other OEMs."
4 min read - BusinessMotley Fool
Watch Out, Growth Stock Investors: Archer Aviation Still Hasn't Been Cleared for Takeoff
Archer Aviation has a cool product, but it isn't anywhere near ready for prime time. There's a very big hurdle left.
5 min read - BusinessMotley Fool
Forget Altria: This Stock Is a Much Better Buy Right Now
If you are looking at Altria today, you should consider owning Philip Morris International instead. Here's why.
4 min read - BusinessMotley Fool
Is Tesla Just a Car Company?
Many bears view Tesla as no more than an overvalued auto manufacturer, but the company is making notable strides across green energy and artificial intelligence (AI).
4 min read - BusinessMotley Fool
Time to Buy This 7.4%-Yielding Stock on a Dip?
This stock's valuation is extremely attractive, but its recent results weren't confidence-inspiring.
5 min read - BusinessMotley Fool
The 1 Risk That Could Slow Down Chipotle's Stock
Should investors continue to hold on to the stock?
5 min read - BusinessFuturism
Private Equity Firm Accused of Buying Life Insurance Policies on Old People to Profit From Their Deaths
Private equity firms have never been known for their scruples, but if the claims in a new lawsuit are true, there's one that's even more evil than the rest. In a new lawsuit filed in Delaware, the equity firm Apollo Global Management Inc. has been accused of "carrying out a widespread fraudulent human life wagering […]
3 min read - TechnologyDigital Trends
I would give up my Steam Deck if the ROG Ally 2 had these features
Rumor has it that Asus is working on a new revision to the ROG Ally. Here's what it would take for me to finally give up my Steam Deck for Asus' handheld.
6 min read - BusinessMotley Fool
Another Day, Another Failed 2nd Restaurant Chain for Chipotle
There's a silver lining to closing down its other restaurant concept.
4 min read - BusinessRedding Record Searchlight
The Buzz: 2 new businesses like the downtown vibe. Why old Denny's is getting facelift
Here's why a health spa that offers salt therapy and a virtual reality businesses have relocated to downtown Redding.
5 min read - TechnologyFox News
FCC slaps AT&T, Verizon and T-Mobile with mega fines for data deceit
The Federal Communications Commission slapped the nation's four biggest mobile carriers with fines totaling $200 million for unauthorized sharing of customer location information.
4 min read - USUSA TODAY
Florida women drive 500 miles from Jacksonville to Key West in toy cars to 'save animals'
Cassie Aran and Lauren Lee, two 29-year-old women in Florida, drove 500 miles from Jacksonville to Key West in toy cars while raising money for animals.
4 min read - USCNN Business
They have jobs but still need help to feed their families
The mix of local residents visiting the Enfield Food Shelf in Connecticut has changed a lot in the last few years.
6 min read - BusinessReuters
Atos creditors reach deal to rescue debt-laden group, La Tribune says
Creditors have reached an agreement that could rescue tech firm Atos, which secures communications for the French army and is set to manage cybersecurity for this summer's Paris Olympic Games, La Tribune newspaper reported on Saturday. Atos had given itself until Friday evening to receive refinancing offers. Under the agreement the bond creditors and banks which share Atos' debt would inject 1.2 billion euros ($1.29 billion) of cash, potentially with an industrial shareholder, and convert part
1 min read - BusinessEngadget
Google prohibits ads promoting websites and apps that generate deepfake porn
Google has updated its Inappropriate Content Policy to include language that expressly prohibits advertisers from promoting websites and services that generate deepfake pornography.
1 min read - BusinessFox Business
Sam's Club says AI will handle exit checks in all stores by end of 2024
Sam's Club announced that by the end of the year, artificial intelligence technology will be used to verify customers' purchases at the exit, slashing wait times.
2 min read - BusinessBloomberg
Worsening Weather Is Igniting a $25 Billion Market
(Bloomberg) -- Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainFrance’s Macron Calls for Reset of
9 min read - BusinessAV Network
New CTS-Approved Courses Available from RGB Spectrum
Courses enhance the company's commitment to product education and training.
1 min read - BusinessBloomberg
Souring Profit Outlooks Threaten S&P 500’s 20% Rally
(Bloomberg) -- Strong earnings beats from Corporate America may no longer be enough to keep the stock rally going. Profit outlooks are becoming more important.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainFrance’s Macron Calls for Reset of Economic Ties With ChinaThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entertainment Value Is WaningWith more than 400
3 min read - BusinessRhode Island Current
Yale New Haven Health wants out of deal to buy Prospect hospitals
Yale New Haven Health is asking the Connecticut Superior Court to be let out of its contract with Prospect Medical Holdings for the purchase of Manchester Memorial, Rockville General and Waterbury hospitals. YNHH is suing Prospect, from whom it is trying to purchase the three Connecticut hospitals, charging that Prospect breached its contract with Yale […] The post Yale New Haven Health wants out of deal to buy Prospect hospitals appeared first on Rhode Island Current.
6 min read - USSouth Florida Sun Sentinel
Neighbors suing owner of West Park home that exploded, propane company
Three families whose homes were damaged in December in an overnight propane explosion in West Park have filed lawsuits in Broward County against the owners of the home that was the source of explosion and the company that owned the propane tank on the property. After the Dec. 19 explosion, there was nothing left standing of the home at 5206 SW 20th St., owned by Redes Ledix and Pierre Mertus. ...
4 min read