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Business
Buffett lays out expansive role for successor Greg Abel at poignant Berkshire AGM
Warren Buffett said Greg Abel should have the final decision on investments at Berkshire Hathaway, making clear that his successor will have authority over not just takeovers but…
Musk shows us that moral binaries are of little use
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.I have spent a fair amount of time dunking on Elon Musk…
Russia plotting sabotage across Europe, intelligence agencies warn
European intelligence agencies have warned their governments that Russia is plotting violent acts of sabotage across the continent as it commits to a course of permanent conflict…
Warren Buffett compares AI to nuclear weapons, warns of scamming potential
Warren Buffett took a cautionary stance on artificial intelligence on Saturday at Berkshire Hathaway’s annual meeting, comparing the technology once again to the advent of…
Hims & Hers stock slides after CEO's praise for anti-Israel protesters
Hims & Hers Health Inc. saw its stock slide during Friday's trading session after its CEO praised the "moral courage" of anti-Israel campus protesters and encouraged them…
Everton buyer 777 Partners accused of fraud by lender
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.777 Partners has been accused by one of its lenders of a…
Buffett talks succession plan, pays tribute to Munger at annual meeting
Warren Buffett discussed his succession plans for Berkshire Hathaway and paid tribute to his longtime business partner and friend Charlie Munger at the conglomerate's annual…
Buffett explains Berkshire's reduced stake in Apple at annual company meeting
Warren Buffett, the billionaire co-founder and CEO of Berkshire Hathaway, offered some insights Saturday at the company's annual meeting into the decision to reduce its stake…
Virginia woman wins lottery jackpot with first-ever ticket purchase
First time was the charm for a Virginia woman who recently won a $50,000 lottery jackpot. Katelynne Berland, of Yorktown, Virginia, was running errands in mid-April when she…
White House economic adviser struggles with question on monetary policy
A viral video of President Joe Biden's chief economic adviser, Jared Bernstein, appearing to struggle to explain how monetary policy works has raised new questions about the…