The Oracle of Omaha is finally investing in tech stocks, and that’s purely because they’ve changed their capex spending model to stay competitive in the AI race. “The real question with Google and all of its competitors now, because they’re all laying out hundreds of billions, and… that’s real money,” Warren Buffett told CNBC. “That’s…
The Trump administration is working to develop new safety requirements governing how autonomous vehicles behave on the road as the industry contends with a series of safety mishaps. Officials aim to finalize the new requirements before the end of President Donald Trump’s current term, Jonathan Morrison, the National Highway Traffic Safety Administration’s top official, said…
The American Experiment is a five-episode documentary that features Apocalypse Now actor Martin Sheen as the voice of George Washington along with a panoply of contemporary figures from U.S. politics including ex-vice presidents Kamala Harris and Mike Pence. It also included 17 minutes of AI-enhanced footage that was produced “twice as fast and at half…
A 7-Eleven convenience store’s front is pictured in Los Angeles, California, November 20, 2024. Etienne Laurent | Afp | Getty Images Seven & i Holdings Co. shares gained over 3% Friday after a Nikkei report said the 7-Eleven parent was nearing a deal to buy a stake in Polish convenience giant Zabka Group. The potential…
Apollo Global Management is accelerating its transformation from a traditional PE firm into one of the world’s largest private credit providers, using its insurance-backed capital base to compete directly with major investment banks for large-scale corporate financing mandates, according to a report by Bloomberg. The alternative asset manager originated a record $309bn of loans in…
Modera Wealth Management, a Westwood, N.J.-based registered investment advisor overseeing $17.5 billion in assets, appointed Gaurav Mallik as chief investment officer and Shelly Kapoor as chief operating officer. Mallik, based in Modera’s Boston office, will lead the firm’s investment strategy and guide portfolio allocation, investment solutions and governance framework, according to an announcement. Kapoor, based…
The North Carolina Supreme Court in 2024 famously bucked the trend on COVID-19 business-interruption coverage, finding that an insurer owed coverage to a restaurant that was forced to close during the pandemic. But that ruling is not enough to overturn a federal court decision in a similar case involving Golden Corral restaurants and Illinois Union…
David Tetreault Credit: BKB David Tetreault has accumulated years of experience in the worlds of sports and entertainment promotion, but he’s heading up something unique in his role as CEO of Bare Knuckle Boxing. I spoke with Tetreault about his vision for the promotion and its booming success on TikTok. Key Facts at a Glance…
SOUTHPORT, ENGLAND – JULY 16: Rory McIlroy of Northern Ireland looks dejected as he finishes his round on the 18th green on day one of the The 154th Open Championship at Royal Birkdale on July 16, 2026 in Southport, England. (Photo by Andrew Redington/Getty Images) Getty Images SOUTHPORT, England — Forecasts leading into the 154th…
Existing-home prices just hit a new record high — but there are plenty of newly built homes selling at a discount, as desperate builders cut prices.