Warren Buffett’s Berkshire Hathaway continues its unprecedented selling streak with $382 billion in cash as leadership transition looms. The investing legend’s cautious stance signals major changes ahead for the conglomerate.
Cybersecurity executives warn that AI is empowering criminals to launch sophisticated, customized attacks at unprecedented scale. The same technology that creates these threats may also help defenders level the playing field against evolving digital dangers.
AIG is making a massive $5 billion investment in specialty insurer Convex and asset manager Onex. This deal represents CEO Peter Zaffino’s boldest move yet to transform the insurance giant’s business model and risk profile.
The Supreme Court is set to hear a landmark case challenging the legality of Trump-era tariffs that could trigger up to $1 trillion in refunds to American companies. Businesses face a complex decision on whether to pursue refunds through what analysts describe as a potentially cumbersome process.
The Supreme Court will next month begin hearing arguments that could determine whether American businesses receive what Treasury Secretary Scott Bessent reportedly estimated could be between $750 billion and $1 trillion in tariff refunds. According to sources familiar with the case, the court will examine whether tariffs imposed under the International Emergency Economic Powers Act during the Trump administration were legally implemented.
The Promise and Peril of AI-Powered Browsing OpenAI’s ambitious expansion into web browsing with ChatGPT Atlas represents a significant leap…
Diverging Economic Signals: Strong GDP vs. Deteriorating Job Market While recent economic growth figures paint a picture of American resilience,…
The Great Florida Real Estate Recalibration Florida’s once-white-hot housing market is undergoing a significant transformation as it moves toward what…
** Sources indicate that Chess.com’s founders faced widespread skepticism from investors and the chess community when launching their platform. According to reports, they bootstrapped the business instead, which has since grown into one of the world’s largest online chess platforms with a valuation reportedly exceeding $1 billion. **CONTENT:**
From Retail Decline to Renewed Hope When Tony Spring took the helm at Macy’s in early 2024, he inherited a…
The Inevitable Shift: AI’s Impact on Employment JPMorgan Chase CEO Jamie Dimon has issued a sobering assessment of artificial intelligence’s…
