Corporations

Warren Buffett-Led Berkshire Hathaway Raises Pay for the 93-Year-Old Billionaire's Successor Greg Abel to $20 Million

The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.


Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank

Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank...

Snowflake CEO Frank Slootman Steps Down, Causing 18% Plunge in the Company's Stock Price

Snowflake CEO Frank Slootman's decision to step down caused an 18% decline in the company's stock price...

Oprah Winfrey's Departure From WeightWatchers Board Causes Shares to Fall by 29%

Oprah Winfrey's announcement that she was leaving WeightWatchers International, Inc.'s board has made the company's shares tumbling...


Latest News

Amazon to Take Walgreens' Spot in the Dow Jones Industrial Average Next Week
Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average.
OpenAI, Now Valued at Over $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
Donald Trump Ordered to Pay Nearly $355M in Civil Fraud Case | He Will Now Have to Pay $438M for 2 NY Civil Trials
In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World
Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas
Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.
Nvidia Becomes Third-Largest US Company After Beating Google's Alphabet in Market Cap
Nvidia surpassed Google's parent company, Alphabet, in market capitalization, securing its position as the third-largest company in the US.
Amazon Founder Jeff Bezos to Sell As Many As 50 Million Shares by January 2025
Amazon founder Jeff Bezos is planning to sell as many as 50 million shares in the online retail and cloud services company.
Meta Says Mark Zuckerberg's Love of Extreme, Dangerous Sports Could Be a Problem for the Company
Meta CEO Mark Zuckerberg's fondness for combat sports and extreme water activities has become a concern for the company.
China's Stock Market Is Sliding After Brutal Crash This Week
This week has been so brutal for China's stock market.
Microsoft's Activision Acquisition and Investments on AI Drive 18% Revenue Surge
Microsoft surpassed analyst expectations on Tuesday, as its heavy investment in artificial intelligence (AI) produced good results.
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