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Greg Abel, the new CEO of Berkshire Hathaway, will release his first annual shareholder letter this Saturday after taking over from legendary investor Warren Buffett. The 63-year-old Abel faces the challenge of following Buffett’s famous communication style while addressing the company’s $381.7 billion cash pile and declining stock performance. Greg Abel, the newly appointed chief

as Amazon CEO in 2021. Funding discussions have also reportedly touched JPMorgan’s $10 billion Security and Resiliency Initiative, which aims to strengthen US supply chains in critical industries. Why should I care? For markets: AI is moving from demos to capex. Most AI buzz is about software, but this plan focuses on the “real economy,”

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeff Bezos’ AI lab is raising tens of billions of dollars to acquire companies hit by the technology, seeking to capitalise on the disruption that the Amazon founder anticipates will reshape the industrial sector. Project

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has sacked nine senior military officers, including an army commander in a critical position for a potential attack on Taiwan, in a further sign of leader Xi Jinping’s deepening purge of the People’s Liberation

One might assume that TV personalities appear on Peacock’s murder-mystery competition show “The Traitors” for a paycheck and attention. But the savviest among the cast know the show’s real prize is something money can’t buy: redemption. The series, a “Mafia”-esque game in which contestants must guess what “Traitors” are among them, while the Traitors must

The Power 4 conference commissioners are expected to join dozens of sports celebrities and dignitaries on March 6 at the White House in a roundtable discussion with President Donald Trump about the future of college athletics, multiple sources confirmed to ESPN on Thursday. President Trump will chair the group and Florida governor Ron DeSantis and

While trying to keep his options on Iran open, President Donald Trump may be seeing them narrow. After the third round of talks in Geneva ended with an apparent agreement for another “technical level” meeting in Vienna next week, the White House must assess whether its renewed diplomacy will yield results, or if it must

A federal judge in Oregon sided with salmon against the Trump administration on Wednesday, ordering the federal government to change hydropower system operations long considered at the heart of native fish populations’ sharp decline. At the center of the dispute are eight dams and reservoirs on the Columbia and Snake Rivers in the Pacific north-west

President Donald Trump smiles. Charles Sykes/AP hide caption toggle caption Charles Sykes/AP President Donald Trump smiles. Charles Sykes/AP President Trump’s White House ballroom project can proceed for now, after a court ruling Thursday. A US District Court judge denied a preservation group’s effort to put a pause on construction, but left the door open to

Hillary Clinton on Thursday said she has no knowledge of Jeffrey Epstein’s crimes and urged lawmakers to focus their energies on other people associated with the convicted sex offender, including Elon Musk. In a combative four-page opening statement, the former secretary of state blasted the House Oversight Committee for calling her to testify as part

Meta is suing advertisers who have allegedly impersonated celebrities to defraud consumers. The tech giant announced Thursday (Feb. 26) that it had taken “technical enforcement actions” against the accused scammers, such as suspending their payment methods, blocking the domain names for their websites and disabling their accounts. “Today’s lawsuits and our ongoing efforts to combat

In 10 years, there might not be many jobs, but there sure will be a lot of spin bikes. (At least, if you believe this ad.) The Belgian AI startup AiCandy released a new advertisement for their company, mocking AI’s skyrocketing demand for energy. It imagines a 2036 in which humans now power AI through

Billionaire philanthropist MacKenzie Scott had a banner year in 2025: She donated $7.2 billion, bringing her cumulative philanthropic giving through her organization, Yield Giving, to an eye-popping $26 billion across more than 2,700 gifts in just the past five years.  In fact, Scott’s philanthropic giving in 2025 alone sum exceeds what many of the world’s

CSIS’s ChinaPower Project article The Purges Within China’s Military Are Even Deeper Than You Think unpacks Xi Jinping’s unprecedented internal purge of the People’s Liberation Army, which extends far beyond previously understood levels. Around 2023, Xi initiated a second major round of purges—this time far bolder and more extensive than before… According to CSIS data

MARYLAND (WBFF) — President Donald Trump on Tuesday used his State of the Union address to criticize a Maryland juvenile court case involving a Virginia teenager, Sage Blair, who had been trafficked and became the subject of custody proceedings. Trump described Blair’s situation, saying school officials in Virginia attempted to socially transition the then-14-year-old to

The stock’s sector is beaten down, providing a potential buying opportunity. Everyone is focused on artificial intelligence (AI) right now and the potential disruption to various economic sectors. What is being less focused on is the potential disruption hitting the alcohol and food industries due to changing societal behaviors and weight loss drugs. One stock

Berkshire continued selling Apple stock in the fourth quarter. Warren Buffett officially retired as CEO of Berkshire Hathaway (BRKA +0.11%) (BRKB 0.10%) at the end of 2025. However, he’s still chairman of the board, so it’s not like he’s completely hands off from the trillion-dollar company that he built. Throughout his career, Buffett taught investors

It’s always interesting to see two great investors take opposite sides of an investment. Investors are unlikely to find two more closely followed investors than billionaires Warren Buffett and Bill Ackman. Buffett, arguably the greatest investor of all time, ran the large conglomerate Berkshire Hathaway for roughly six decades until stepping down as CEO at