Warren Buffett admits his Giving Pledge philanthropy was not ‘feasible’—he’s instead left his three kids $500 million a year to give away
Instead of a single sweeping plan, Buffett said he’s handing over most of his remaining wealth to his three children’s charitable foundations, allowing them to distribute about $500 million each…
New York City business leaders are split on whether to relocate their firms to avoid Mayor-elect Zohran Mamdani’s policies
Democratic socialist Zohran Mamdani is New York City’s mayor-elect, set to assume office on Jan. 1, and some billionaires have floated relocating their businesses out of the largest U.S. city.“The…
‘Envy and greed walk hand in hand’: Warren Buffett casts side eye on Elon Musk-sized pay packages in final send-off
“What often bothers very wealthy CEOs—they are human, after all—is that other CEOs are getting even richer,” he said. “Envy and greed walk hand in hand. And what consultant ever…
Wendy’s plans hundreds of store closures to boost profits
Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit.The Dublin, Ohio-based chain said during a conference call with investors Friday…
CoreWeave’s earnings report highlights $56 billion in contracted revenue, but its guidance and share price tick down amid AI infrastructure bubble fears
CoreWeave needed a lot of things to go right on Monday as it released third-quarter financial results, and one of the most critical was showing that its contracted future revenues…
You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says
According to Weiss-Blatt, those philanthropists have collectively poured more than $1 billion into efforts to study or mitigate “existential risk” from AI. However, she pointed at Moskovitz’s organization, Open Philanthropy,…
Airport lounges are about to get even more exclusive as some credit card companies jack up annual fees by more than 40%
For every passenger trying to decide if a $17 slimy ham and cheese croissant and their phone’s 34% remaining battery will sustain them for a four-hour layover, there’s someone smugly…
Trump’s $2,000 tariff ‘dividends’ would cost twice as much as the revenue coming in, budget watchdog warns
President Trump’s recent proposal to pay Americans “at least $2,000 a person” from new tariff revenue—a policy he calls “tariff dividends”—is facing sharp criticism from a budget watchdog, who calculates…
Supreme Court rejects call to overturn its decision legalizing same-sex marriage nationwide
Davis had been trying to get the court to overturn a lower-court order for her to pay $360,000 in damages and attorney’s fees to a couple denied a marriage license.Her…
AI stocks lead Wall Street rebound as Nvidia, Palantir surge and S&P 500 claws back last week’s losses
Losses for health insurers helped keep the market’s gains in check, though. They fell as uncertainty remains about whether Washington will extend expiring health care tax credits, a sticking point…
