Companies
Warren Buffett Steps Down as Berkshire Hathaway Chairman
The legendary investor, whose son Howard succeeds him as chairman, will remain on the board and become chairman emeritus.
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- Stocks
EU Trade Partners Call for Retreat From Pesticide Curbs Plan
A group of countries including the US, Brazil, Japan and India have called on the European Union to backtrack on a pesticides curb proposal that could lead to tighter restrictions on agricultural imports.
- Economy
Yen Declines After BOJ Hike, US Said to Hold Off on New China Tariffs
The yen extends its drop against the dollar after BOJ Governor Ueda gave mixed signals about future interest-rate hikes. The central bank lifted interest rates by a quarter point to 1.25%. The US is expected to hold off announcing new tariffs on China and other trading partners until after…
- Stocks
Fitch Says Junk Rating Looms for Romania if Political Crisis Persists
Romania is running out of time to avoid a credit rating downgrade to junk as the prolonged political crisis puts fiscal credibility in jeopardy, according to an analyst from Fitch Ratings Inc.
- Stocks
Tech, Media & Telecom Roundup: Market Talk
Find insight on Xiaomi, Palantir, China Telecom and more in the latest Market Talks covering Technology, Media and Telecom.
- Companies
Warren Buffett Steps Down as Berkshire Chairman After Six Decades
Warren Buffett is stepping down as chairman of Berkshire Hathaway, ending his formal leadership of the conglomerate after more than six decades. London's trading industry is coming home! The 96-year-old investor announced the move in a letter to shareholders on Friday (today). Buffett will…
- Companies
AT&T CFO Pascal Desroches reflects on a nearly 40-year finance career before retiring
Desroches shares the lessons behind AT&T's $150 billion network bet, a hard dividend call, and why he says he never hesitated.
- Stocks
More Americans are about to get scammed by the coming peptide rush
Patients will order these cheaper, unproven products via an 800-number or the internet, skipping appointments with real doctors who can provide accurate diagnoses and proven treatments.
- Stocks
Howard Buffett to succeed father Warren as Berkshire Hathaway chair
Conglomerate says the elder Buffett will step down as chair and take on role of chair emeritus…
- Stocks
AI trade rebound sparks flurry of unusually bullish options activity
Options traders stormed into tech trades on Thursday.
- Stocks
74% of top 50 North American investors are assessing climate risks - Ceres
Data from non-profit sustainability-focused organisation Ceres found that the top 50 North American investors are continuing with climate action quietly.
- Stocks
Texas Stock Exchange Lures $10 Billion Retailer in New Move
Dillard’s Inc. announced plans to shift its primary securities listing to the Texas Stock Exchange, leaving the New York Stock Exchange to become the first retailer to join the startup marketplace.
- Stocks
South Korea's DSRV Joins XDC Network as an Institutional Validator
South Korea's VASP framework puts blockchain regulators have grown more selective about which infrastructure gets institutional backing, which is what makes DSRV's addition notable. It also explains why the operator taking on the role matters as much as the fact that a new validator joined at all.
- Commodities
Saudis Give European Oil Buyers No Supplies for Next Month
Saudi Aramco told at least two oil refining customers in Europe that they will be allocated no crude next month under long-term agreements after the kingdom’s key pipeline to the Red Sea was attacked, people informed of the decision said.
- Economy
ECB Rates Aren’t Directly Tied to Energy Costs, Lagarde Says
European Central Bank President Christine Lagarde told euro-area finance ministers that energy-price jumps don’t automatically translate into monetary tightening.
- Companies
U.S. to Launch AI-Powered Tool for Air-Traffic Control
Plus, Costco is expanding its fast-delivery network, and WSJ reporters explain how a ban on diesel exports might take shape.
- Economy
Bank of Japan’s Ueda Delivers Rate Hike for Scott ‘the House’ Bessent
The BOJ raised rates, but dissenting votes add “dovish signal” that runs counter to Treasury Secretary Scott Bessent’s house view on the…
- Stocks
AI safety debate meets reality at Dreamforce as business leaders say last year's models are enough
At Salesforce's annual mega-conference in San Francisco, attendees said they get enough value from older AI models.
- Stocks
Beauty, health and wellness are converging into one retail category
As consumers prioritize holistic retail purchases, beauty, health and wellness are increasingly converging into one category and one consumer budget.
- Stocks
The secret truth is corporate America is moving too slow on AI. Some of it is caution and some is terrible recruitment
The case for slowing AI down got turbocharged last week when Anthropic researcher Jacob Coxon publicly resigned, but adoption is already way too slow.