Business

Government consultants and media outlets face cuts as Elon Musk's Department of Government Efficiency targets cost reduction, with prominent companies like Deloitte affected.

Published on: February 22, 2025, 05:00 PM UTC

Buffett warns of currency volatility and urges responsible fiscal policy in annual letter, acknowledging his age and Berkshire's record profits.

Published on: February 22, 2025, 04:00 PM UTC

Berkshire Hathaway (BRK-B) reports record earnings, CEO Buffett discusses cash pile and investment strategy, reflects on mistakes, and touts American economic growth.

Published on: February 22, 2025, 04:00 PM UTC

OpenAI amasses special voting rights to prevent hostile takeovers like the one proposed by Elon Musk. The new structure as a public benefit corporation would grant nonprofit board members control, potentially overriding other backers like Microsoft and SoftBank. These measures aim to protect OpenAI's mission and prevent any future attempts by Musk or others to gain control.

Published on: February 22, 2025, 04:00 PM UTC

Warren Buffett celebrates Berkshire Hathaway's successes in annual letter, advising President Trump and urging government responsibility.

Published on: February 22, 2025, 03:00 PM UTC

Atlas Air and DHL Express to end their 18-year Polar Air Cargo joint venture. Atlas will continue to provide air transport service for DHL under traditional vendor arrangements. The decision aligns with Atlas Air's new strategic focus on diversifying its customer base and long-haul flying.

Published on: February 22, 2025, 03:00 PM UTC

Saving $1 million in a health savings account by retirement is possible by contributing the maximum annually, not using it for healthcare expenses, and investing wisely.

Published on: February 22, 2025, 03:00 PM UTC

Starbucks and Dutch Bros. take different approaches to customer satisfaction. Starbucks focuses on in-store experience, while Dutch Bros. prioritizes speedy drive-thru service. This reflects the changing coffee market, with more niche providers offering premium coffees and efficient service.

Published on: February 22, 2025, 02:01 PM UTC

Warren Buffett's Berkshire Hathaway posts record annual operating profit, driven by insurance and investment gains.

Published on: February 22, 2025, 02:00 PM UTC

Major homebuilders face challenges in the spring season due to a potential trade war and high mortgage rates. DR Horton reports a decline in orders, Toll Brothers lowers guidance. Rising land prices, competition, and tariff concerns add to industry uncertainties.

Published on: February 22, 2025, 01:00 PM UTC