BUSINESS
Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock
August 3, 2024
Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock
Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive second-quarter selling spree…
McDonald’s slump is a symptom of the election, Columbia prof says
July 31, 2024
McDonald’s slump is a symptom of the election, Columbia prof says
Americans have lost their appetite for Big Macs and fries as McDonald’s reported its first sales drop in nearly four…
Housing market crisis: $1 million starter homes more common
July 28, 2024
Housing market crisis: $1 million starter homes more common
The housing market’s affordability crisis keeps setting dubious milestones, and that latest one adds to the woes that first-time homebuyers…
The ultra-rich are scooping up luxury homes
July 25, 2024
The ultra-rich are scooping up luxury homes
In December last year, Fortune wrote we were in the midst of “a new American era of housing haves and…
Newly built homes are now cheaper than existing ones
July 22, 2024
Newly built homes are now cheaper than existing ones
It feels a little absurd to say newly built homes are cheaper than existing homes, which have been lived in…
Netflix co-CEO only wants the best sports games, not full seasons
July 19, 2024
Netflix co-CEO only wants the best sports games, not full seasons
Netflix co-CEO Ted Sarandos offered a peek into Netflix’s live sports strategy on its second-quarter earnings call Thursday. Instead of…
How trust and safety leaders at top tech companies are approaching the security threat of AI: ‘Trust but verify’
July 16, 2024
How trust and safety leaders at top tech companies are approaching the security threat of AI: ‘Trust but verify’
Safety officers at large companies that have integrated AI tools like ChatGPT into their businesses are issuing similar warnings to…
Beastie Boys sue the parent company of Chili’s over ‘Sabotage’
July 13, 2024
Beastie Boys sue the parent company of Chili’s over ‘Sabotage’
The Beastie Boys are suing the parent company of Chili’s in a case that accuses the chain restaurant of running…
Germany Bitcoin sales: 50,000 sold is about 0.25% of supply
July 10, 2024
Germany Bitcoin sales: 50,000 sold is about 0.25% of supply
The German government is flooding the crypto market with Bitcoin. As of Wednesday, it has transferred at least $615 million…
India boosts gold reserves by the most in 2 years after moving 100 tons from UK
July 7, 2024
India boosts gold reserves by the most in 2 years after moving 100 tons from UK
India’s central bank probably increased its gold reserves by the most in almost two years last month, according to a…