Business Berkshire Hathaway Portfolio Under Greg Abel Shifts Toward Alphabet And Delta May 18, 2026 Berkshire Hathaway’s Strategic Shift Under New Leadership Berkshire Hathaway, under new CEO Greg Abel, has made significant changes to its investment strategy. The conglomerate has reduced its 13F portfolio from…
Business Samsung Electronics, Union Hold Last-Ditch Talks To Avert Strike Threatening Global Supply Chains May 18, 2026 Samsung Electronics, Union Hold Last-Ditch Talks to Avert Strike Samsung Electronics and its labor union began high-stakes talks on Monday. The goal is to avert the largest strike in the…
Business Spacex Ipo May 15, 2026 Elon Musk’s SpaceX IPO: The Biggest Ever Elon Musk is preparing to launch the largest IPO ever with his space exploration and satellite company, SpaceX. The company is expected to…
Business Allegiant Air Completes Sun Country Merger in $1.5 Billion Deal May 14, 2026 Allegiant Air Completes $1.5 Billion Sun Country Airlines Merger Allegiant Air has officially finalized its purchase of Sun Country Airlines. The deal combines two of America’s most prominent low-cost carriers.…
Business Honda Posts First Annual Net Loss Since 1957 Stock Listing, Eyes Profit Recovery May 14, 2026 Honda Records Historic Loss as EV Strategy Rethink Costs Billions Honda Motor has reported its first annual net loss since its stock exchange listing in 1957. The Japanese automaker posted…
Business U.S. Producer Prices Surge at Fastest Pace in Four Years Amid Iran War and Tariff Pressures May 13, 2026 U.S. Producer Prices Post Biggest Monthly Jump Since March 2022 American wholesale inflation surged dramatically in April, delivering a jarring economic signal. The Producer Price Index jumped a seasonally adjusted…
Business Buc-ee’s Plans Major Expansion Into Six New States Over the Next Two Years May 13, 2026 Buc-ee’s Sets Its Sights on Six New States in a Major Nationwide Push Buc-ee’s is rolling out one of its most ambitious growth campaigns to date. The beloved travel center…
Business US Inflation Hits Highest Level Since 2023 as Energy and Housing Costs Surge May 12, 2026 US Inflation Reaches Highest Annual Rate Since May 2023 Consumer prices in the United States surged at a faster-than-expected pace in April. The Consumer Price Index rose 0.6% on a…
Business Byron Allen Buys Controlling Stake in BuzzFeed for $120 Million and Takes Over as CEO May 12, 2026 Byron Allen Acquires Majority Stake in BuzzFeed in $120 Million Deal Media entrepreneur Byron Allen has agreed to buy a controlling stake in BuzzFeed. Allen Family Digital, his investment arm,…
Business Aramco CEO Warns 1 Billion Lost Barrels Will Delay Oil Market Recovery May 10, 2026 Aramco CEO Amin Nasser Sounds the Alarm on Global Oil Shortfall Saudi Aramco’s CEO Amin Nasser stated that the world lost approximately 1 billion barrels of oil over the past…
Business GameStop CEO Eyes eBay Takeover While EVE Online Studio Ditches a Controversial Name May 10, 2026 Two Corporate Stories Collide: Cohen’s eBay Ambition and a Studio’s Fresh Start Two major stories are reshaping the business and gaming worlds this week. GameStop CEO Ryan Cohen has openly…
Business China’s April Trade Surge Defies Global Tensions as AI Boom and Energy Crunch Collide May 9, 2026 China Posts Stunning April Trade Numbers as AI Demand Accelerates China’s export growth accelerated sharply in April, catching analysts off guard. Exports jumped 14.1% year-on-year in U.S. dollar terms. That…
Business Breeze Airways Moves Into Spirit’s Void With New Atlantic City Routes — Including Fort Myers May 8, 2026 Breeze Airways Fills the Gap Left by Spirit Airlines’ Collapse Spirit Airlines’ collapse has shaken the budget travel market across the United States. Travelers are scrambling to find new options…
Business Del Monte Bankruptcy Forces Removal of 420,000 Peach Trees Across California May 8, 2026 Del Monte’s Collapse Leaves California Peach Farmers Without a Buyer California’s Central Valley peach industry faces its worst crisis in generations. Del Monte Foods, a nearly 140-year-old food producer, filed…
Business AirAsia Signs $19 Billion Deal for 150 Airbus A220 Jets in Canada’s Biggest-Ever Aircraft Order May 7, 2026 AirAsia Places Landmark $19 Billion Order for 150 Airbus A220 Jets AirAsia’s $19 billion agreement to purchase 150 Airbus A220-300 jets marks the single largest aircraft order in Canadian history.…
Business HBO Max Hits 140 Million Subscribers and Eyes 150 Million by End of 2026 May 7, 2026 Warner Bros. Discovery Reports Strong HBO Max Growth Amid Financial Turbulence Warner Bros. Discovery has delivered a significant milestone for its flagship streaming service. HBO Max surpassed 140 million subscribers…
Business Wall Street Rebounds as U.S.-Iran Tensions Rattle Oil Markets and Global Stocks May 5, 2026 Wall Street Climbs Despite Fresh U.S.-Iran Clashes Near Strait of Hormuz Wall Street rebounded early Tuesday despite renewed hostilities between the U.S. and Iran. Futures for the S&P 500 rose…
Business Anthropic Closes In on $1.5 Billion AI Joint Venture With Blackstone, Goldman Sachs and Wall Street Giants May 4, 2026 Anthropic Moves Closer to a $1.5 Billion Wall Street Alliance Anthropic is assembling a major financial partnership with some of Wall Street’s biggest names. The AI company is finalizing a…
Business Federal Reserve Holds Rates Steady as Powell Era Nears Its End April 29, 2026 Federal Reserve Holds Rates Steady as Powell’s Tenure Approaches Its Final Days The Federal Reserve held interest rates steady on Wednesday. The decision came at what many expect to be…
Business GM Beats Earnings Expectations and Raises 2026 Guidance After $500 Million Tariff Refund April 28, 2026 GM Beats Wall Street and Raises Full-Year Outlook General Motors delivered a strong first-quarter earnings beat. The company also raised its full-year 2026 guidance. A roughly $500 million benefit from…