As investors await Warren Buffett’s annual letter, is Berkshire Hathaway hoarding cash out of fear—or waiting for an opportunity?
Berkshire has built a record $325 billion cash heap as a historically expensive stock market presents few obvious value buys.
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year—mostly in the leadup to the presidential election
The controversial defense contractor saw a sixfold surge in the value of its stock last year.
Rivian finally shows it can actually sell cars for more than the price it costs to build them
The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone ...
Trump Media board approves an investment fund to explore acquisitions
Trump Media wants to add more businesses in what it calls the “America First Economy,” according to an SEC filing.
Amazon’s Jeff Bezos asks followers who should be the next James Bond—and there’s one resounding answer
But fans fear Amazon could mismanage the iconic franchise.
Nebraska’s governor is pushing to ban lab-grown meat—but ranchers and farm groups are pushing back
Stifling competition in a free market should be anathema in a Republican-dominated state like Nebraska, argues cattle rancher ...
Coca-Cola warns of potential negative impact from DEI changes
Coca-Cola warned that a less diverse global workforce poses a potential risk to its business.
Five major airlines are suing the U.S. government over a rule that punished them for damaging passengers’ wheelchairs
More than 11,500 wheelchairs and scooters were mishandled by airlines in 2023, according to the Department of Transportation.