Berkshire Hathaway (BRK.B 4.96%) reported strong Q4 operating earnings of $14.5 billion, a 71% increase from Q4 2023, driven by a surge in insurance underwriting income and investment […]
Markets
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Stocks Turn Lower on Weakness in Magnificent Seven Stocks
The S&P 500 Index ($SPX) fell -0.37%, the Dow Jones Industrials Index ($DOWI) rose +0.02%, and the Nasdaq 100 Index ($IUXX) dropped -0.85%. March E-mini S&P futures (ESH25) […]
Economy
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Theranos founder Elizabeth Holmes’ conviction upheld by US appeals court
The U.S. appeals court has upheld the conviction of Theranos founder Elizabeth Holmes, who is serving over 11 years for defrauding investors with false claims about her company’s […]
NewsLetter
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A Delta flight from Atlanta was forced to turn around and evacuate after ‘haze’ was seen in the cabin
A Delta Air Lines flight heading to Columbia, South Carolina, returned to Hartsfield-Jackson Atlanta International Airport on Monday morning after a “haze” was observed inside the aircraft. The […]
Uncategorized
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DoorDash to pay NY delivery workers $17 million
DoorDash has agreed to pay nearly $17 million to settle claims that it used customer tips to subsidize the wages of its delivery workers in New York between […]
Technology
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Microsoft shelves AI data-center deals in sign of potential oversupply, brokerage says
Microsoft has reportedly canceled leases for significant data center capacity in the U.S., signaling a potential oversupply as the tech giant expands its artificial intelligence infrastructure, according to […]
Uncategorized
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All Joann stores to close following acquisition by new ownership group
Joann, the fabric and craft retailer headquartered in Hudson, Ohio, is set to close all of its store locations after being acquired by a new ownership group comprising […]
Real Estate
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Apollo to buy real-estate management firm Bridge Investment for $1.5 billion
Bridge stockholders and unit holders will receive 0.07081 shares of Apollo stock for each share held, valued at $11.50 per share, representing a 45% premium over Bridge’s last […]
Markets
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Will Bitcoin recover? Crypto market reels from $1.4 billion Bybit hack aftermath
Bitcoin remains stable above $95,000, while the overall crypto market capitalization excluding Bitcoin has dropped to $1.18 trillion on Monday. Analysts suggest that institutional interest in Bitcoin may […]
NewsLetter
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Haze or smoke on Delta plane forces passengers to evacuate via slides at Atlanta airport
Passengers aboard a Delta flight were evacuated via emergency slides at Hartsfield-Jackson Atlanta International Airport on Monday after haze or smoke was detected inside the aircraft, according to […]