Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face...
Month: February 2025
Officials Fired at Traffic Safety Agency Investigating Musk’s Company
The National Highway Traffic Safety Administration has raised questions about crashes involving Tesla’s self-driving technology.
Comparing Elon Musk and Jack Welch as Influential Cost-Cutters
Elon Musk’s hyperfocus on the bottom line has made him influential in Washington and Silicon Valley. How does that compare...
Wall Street Is Getting Antsy With Trump
The contrasting reactions between the overflow and V.I.P. areas at a Trump event encapsulated the finance world’s worries about the...
Markets and Corporate America Are Unfazed by Washington Chaos, for Now
The federal budget debate has big implications for the economy. Businesses are betting that tax cuts will be extended and...
Can a Year-End Bonus Be Docked If You Took Maternity Leave?
Is it fair for management to dock someone’s annual incentive pay because of a maternity or medical leave?
Big Day for Crypto Goes South After Bybit Hack
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting...
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in...
Coffee Prices Are Soaring, but Growers Aren’t Celebrating
Climate change is behind the windfall gains, and growers are worried about whether they can adapt.
Patsy Grimaldi, Whose Name Became Synonymous With Pizza, Dies at 93
His coal-oven pizzeria in the shadow of the Brooklyn Bridge has drawn patrons from New York City and beyond.