Warren Buffett to step down as Berkshire Hathaway CEO: Who is his successor? Markets May 7, 2025 Berkshire Hathaway’s Warren Buffett over the weekend announced plans to step down as chief executive starting next year. Greg Abel,…
OpenAI says nonprofit will stay in control of business Markets May 7, 2025 OpenAI announced on Monday that the artificial intelligence (AI) giant is scuttling its plan to move the company away from…
27K Polestar EVs recalled for rearview camera display not operating Markets May 6, 2025 Polestar is recalling more than 27,800 of its Polestar 2 electric vehicles in the U.S. over the risk that their…
Skechers bought for $9.4B by 3G Capital, taking footwear company private Markets May 6, 2025 Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The two announced…
AstraZeneca opens $300 million cell therapy manufacturing plant in Maryland Markets May 6, 2025 AstraZeneca, as part of its ongoing $3.5 billion investment in American innovation, opened its first U.S.-operated cell therapy factory in…
Credit Suisse paying over $510M in penalties for helping US clients evade taxes Markets May 6, 2025 The Department of Justice (DOJ) said Credit Suisse Services AG will pay more than $510 million in penalties for its…