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Business
Charlie Munger, Berkshire Hathaway vice-chair, 1924-2023
There is perhaps no one celebrated more today for making money than Warren Buffett. But the tens of billions of dollars he amassed — and the zealous investment groupies that…
Aretha Franklin’s sons awarded real estate after will between couch cushions ruled valid
Four properties Aretha Franklin owned at the time of her death will be divided among her four sons months after a jury determined a 2014 will written by Aretha Franklin and…
The Bank of Japan’s dilemma: how to raise interest rates while shielding lenders
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Japan’s regulators are ramping up pressure on regional…
TikTok parent company ByteDance lays off hundreds in video gaming pullback
The Chinese tech giant behind TikTok, ByteDance, will be laying off hundreds of workers in its video games division, new reports showed. ByteDance originally confirmed layoffs…
Saudi PIF and Ardian to buy 25% stake in Heathrow airport for £2.4bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi Arabia’s sovereign wealth fund is taking a £1bn…
AWS and Nvidia to partner on new AI supercomputing infrastructure
Amazon Web Services (AWS) and Nvidia on Tuesday announced new initiatives in their strategic collaboration that will focus on adding supercomputing capabilities to the…
Panama to shut one of world’s largest copper mines after court ruling
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Panama will shut one of the world’s largest copper mines,…
Red Lobster’s Ultimate Endless Shrimp deal contributed to third-quarter operating loss
Customers taking Red Lobster up on its Ultimate Endless Shrimp deal contributed to a quarterly operating loss for the chain, according to investor Thai Union Group. In early…
Berkshire Hathaway’s Charlie Munger dies aged 99
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Charlie Munger, the sharp-witted vice-chair of Berkshire…
Charlie Munger, friend and business partner of Warren Buffett, dead at 99
Berkshire Hathaway announced the passing of Charlie Munger, the billionaire and vice chairman of the company, as well as longtime partner of Warren Buffett. According to the…