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29 minutes ago

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

Berkshire Hathaway says its first quarter profit plummeted on the paper value of its investments
29 minutes ago
From left, D'Ann Rhoten takes a photo of Brittany Thornton and Melissa Shapiro in the exhibit hall of the Berkshire Hathaway annual meeting on Saturday, May 4, 2024, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)
36 minutes ago

Rio de Janeiro set for Madonna’s massive Copacabana beach concert that will be her biggest ever

Madonna will give a free concrete on Copacabana beach, turning its vast stretch of sand into an enormous dance floor
36 minutes ago
Madonna rehearses in a mask for her Celebration tour in Rio de Janeiro, Brazil, Thursday, May 2, 2024. Madonna, who removed the mask at the end of rehearsal, will conclude her tour on Saturday with a free concert at Copacabana Beach. (AP Photo/Bruna Prado
2 hours ago

Boeing locks out its private firefighters around Seattle over pay dispute

Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and brought in replacements after the latest round of negotiations with the firefighters’ union failed to deliver an agreement on ...
2 hours ago
FILE - The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange, Tuesday, July 13, 2021. Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area, Saturday, May 4, 2024, and brought in replacements after the latest round of negotiations with the firefighters' union failed to deliver an agreement on wages. (AP Photo/Richard Drew, file)
3 hours ago

Boeing locks out its firefighters amid union fight for pay

The union consists of 125 members in Washington state.
3 hours ago
In this March 23, 2020, file photo, a worker walks near a mural of a Boeing 747-8 airplane at the company's manufacturing facility in Everett, Wash.
May 04

Boeing is on the verge of launching astronauts aboard new capsule, the latest entry to space travel

Boeing is finally poised to launch astronauts to the International Space Station for NASA after years of delays and stumbles
May 04
Boeing's Starliner capsule atop an Atlas V rocket is rolled out to the launch pad at Space Launch Complex 41, Saturday, May 4, 2024, in Cape Canaveral, Fla. NASA astronauts Butch Wilmore and Suni Williams will launch aboard to the International Space Station, scheduled for liftoff on May 6, 2024. (AP Photo/Terry Renna)
May 04

Harlem legend Dapper Dan continues to grow brand world wide

Dapper Dan plans a fashion renaissance after losing everything.
May 04
Dapper Dan on making a new Harlem Renaissance.
May 04

South Sudan removes newly imposed taxes that had triggered suspension of UN food airdrops

South Sudan has removed recently imposed taxes and fees that had triggered the suspension of U.N. food airdrops
May 04
May 04

Cyclone Hidaya weakens as it moves toward Tanzania's coastline, officials say

Tanzania's meteorology department says Cyclone Hidaya has significantly weakened as it approaches Tanzania’s coastline
May 04
FILE - Giraffes and zebras congregate under the shade of a tree in the afternoon in Mikumi National Park, Tanzania on March 20, 2018. The World Bank has suspended funding for a tourism project in Tanzania that caused the suffering of tens of thousands of villagers, according to a U.S.-based rights group that has long urged the global lender to take such action. (AP Photo/Ben Curtis, File)
May 04

Thousands pack Omaha arena to soak up guru investor Warren Buffett's wisdom

The value of its investment portfolio plunged even as core businesses prospered
May 04
Thousands of Berkshire Hathaway shareholders line up outside the Omaha arena where the annual meeting will be held, in Omaha, Neb, Saturday, May 4, 2024. Tens of thousands of people are expected to flock to Omaha, Nebraska, to soak up wisdom from investing wizard Warren Buffett. Saturday's annual shareholder's meeting for Buffett's Berkshire Hathaway conglomerate is famous for featuring the so-called Oracle of Omaha (AP Photo/Josh Funk)
May 03

Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'

The Securities and Exchange Commission has charged the auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump's media company
May 03
FILE - The seal of the U.S. Securities and Exchange Commission is seen at SEC headquarters, June 19, 2015, in Washington. An auditing firm hired by Trump Media and Technology Group just 37 days ago was busted by the Securities and Exchange Commission for “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. (AP Photo/Andrew Harnik, File)
May 03

Safety lapses contributed to patient assaults at Oregon State Hospital, federal report says

A federal report says safety lapses at the Oregon State Hospital contributed to recent patient-on-patient assaults
May 03
May 03

Boeing threatens to lock out its private firefighters in a dispute over pay

Boeing is already facing questions about quality and safety of its aircraft, and now it has a labor showdown on its hands in Seattle
May 03
FILE - The Boeing logo is seen, Jan. 25, 2011, on the property in El Segundo, Calif. Boeing is threatening to lock out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area Friday night, May 3, 2024, unless the workers accept the company's last offer on wages. (AP Photo/Reed Saxon, File)
May 03

MLB and Nike announce 2025 uniforms will have larger jersey lettering and custom-fit pants

Major League Baseball uniforms will have larger lettering on the back of jerseys and individual pant customization will be available to all players beginning in 2025
May 03
New York Yankees pitcher Carlos Rodon works against the Toronto Blue Jays during the first inning of a baseball game in Toronto on Tuesday, April 16, 2024. (Nathan Denette/The Canadian Press via AP)
May 03

How major US stock indexes fared Friday, 5/3/2024

Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month
May 03
May 03

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery fell 84 cents to $78.11 per barrel Friday
May 03
May 03

Three groups are suing New Jersey to block an offshore wind farm

Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island
May 03
Land-based wind turbines spin in Atlantic City. N.J., on Nov. 3, 2023. On Tuesday, April 30, 2024, New Jersey utility regulators opened a fourth round of solicitations for new offshore wind farm proposals to join the three that already have preliminary approval. (AP Photo/Wayne Parry)
May 03

Aetna agrees to settle lawsuit over fertility coverage for LGBTQ+ customers

The health insurer Aetna has agreed to settle a lawsuit over whether its fertility treatment coverage discriminates against LGBTQ+ patients
May 03
FILE - A sign sits on the campus of the insurance and managed health care company Aetna, Aug. 28, 2020, in Hartford, Conn. Aetna has agreed to settle a lawsuit that accused the health insurer of discriminating against LGBTQ+ patients. (AP Photo/Bill Sikes, File)
May 03

Self-exiled Chinese businessman's chief of staff pleads guilty weeks before trial

The chief of staff of a Chinese businessman sought by the government of China has pleaded guilty to conspiracy charges weeks before her boss goes to trial in New York in a fraud case
May 03
May 03

Apple, Amgen rise; Expedia, Fortinet fall, Friday, 5/3/2024

Stocks that traded heavily or had substantial price changes Friday: Apple, Amgen rise; Expedia, Fortinet fall
May 03
May 03

April jobs report misses expectations, signaling a possible slowdown

U.S. employers added 175,000 jobs in April.
May 03
In this undated stock photo, two construction workers are seen climbing a metal frame.
May 03

Google, Justice Department make final arguments about whether search engine is a monopoly

The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant’s search engine constitutes an illegal monopoly
May 03
FILE - Google CEO Sundar Pichai leaves the federal courthouse in Washington on Oct. 30, 2023. Lawyers for both the Department of Justice and Google are presenting closing arguments in Washington, D.C., Friday, May 3, 2024, to conclude the biggest antitrust case in a quarter century. (AP Photo/Jose Luis Magana, File)
May 03

Traffic snarled as workers begin removing I-95 overpass scorched in Connecticut fuel truck inferno

Workers have begun removing a bridge over a Connecticut highway that was damaged in a fiery crash involving a gasoline tanker truck
May 03
In this image provided by the Connecticut Governor's Office, emergency personnel work at the scene of a fiery early morning crash that left both sides of Interstate 95, the East Coast’s main north-south highway, shut down in southwestern Connecticut., Thursday, May 2, 2024, in Norwalk, Conn. (Norwalk Fire Department/Connecticut Governor's Office via AP)
May 03

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to China
May 03
FILE - A 2023 Ford Mustang Mach-E charges, Friday, March 8, 2024, at an electric vehicle charging station in London, Ohio. The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500. The Treasury Department announced final regulations for the credits under the 2022 Inflation Reduction Act on Friday, May 3, giving automakers more time to comply with some provisions about where battery minerals can come from. (AP Photo/Joshua A. Bickel, File)
May 03

US employers scaled back their hiring in April, adding 175,000 jobs in the face of higher borrowing rates

US employers scaled back their hiring in April, adding 175,000 jobs in the face of higher borrowing rates
May 03
May 03

The UK government acted unlawfully in approving a climate plan, a High Court judge has ruled

A U.K. High Court judge has ruled that the government acted unlawfully when it approved a plan to meet climate targets without evidence it could be delivered
May 03
Rain falls into a puddle in Parliament Square, with a backdrop of the Houses of Parliament, in London, Friday, May 3, 2024. A High Court judge ruled Friday that Britain's government acted unlawfully when it approved a plan to meet the U.K.'s climate targets without evidence it could be delivered. It was the second time in two years that the government's main climate action plan was found unlawful and insufficient in meeting targets to cut greenhouse gas emissions. (AP Photo/Kin Cheung)
May 03

Yellen says threats to democracy risk US economic growth, an indirect jab at Trump

Treasury Secretary Janet Yellen argues that a fractured democracy can have destructive effects on the economy
May 03
Treasury Secretary Janet Yellen testifies during a House Ways and Means Committee hearing, Tuesday, April 30, 2024, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib)
May 03

Nippon Steel delays closing of acquisition of US Steel until late this year after US DOJ request

Nippon Steel says it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal
May 03
FILE - Nippon Steel Corporation's logo is displayed on a sign outside its headquarters in Tokyo on Nov. 26, 2021. Nippon Steel said Friday, May 3, 2024, it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal. (AP Photo/Hiro Komae, File)
May 03

King Charles' longtime charity celebrates new name and US expansion at New York gala

The King’s Trust has celebrated its new name, an update of King Charles III’s long-running charity The Prince’s Trust
May 03
Eileen Gu attends The King's Trust Global Gala at Casa Cipriani on Thursday, May 2, 2024, in New York. (Photo by Evan Agostini/Invision/AP)
May 03

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month
May 03
Traders work on the floor at the New York Stock Exchange in New York, Wednesday, May 1, 2024. (AP Photo/Seth Wenig)
May 03

Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers

The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world over
May 03
A worker carries carpets at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran, Tuesday, April 30, 2024. (AP Photo/Vahid Salemi)
May 03

A tornado hit an Oklahoma newsroom built in the 1920s. The damage isn't stopping the presses

A weekly newspaper in a rural Oklahoma community was at the center of a path of destruction
May 03
Sulphur Times-Democrat co-editor James John works on the next edition of the newspaper from his home on Monday, April 29, 2024 in Sulphur, Okla. A tornado destroyed the downtown, where the newsroom is located. The paper's building is without power and questions about its integrity remain. (AP Photo/Graham Lee Brewer)
May 03

Colombia breaks diplomatic ties with Israel but its military relies on key Israeli-built equipment

Colombia has become the latest Latin American country to announce it will break diplomatic relations with Israel over its military campaign in Gaza
May 03
FILE - Supporters wave Palestinian flags during a protest against the Israel-Hamas war, outside the Israel Embassy in Bogota, Colombia, Oct. 24, 2023. Israel said in October that it would halt security exports to Colombia after President Gustavo Petro refused to condemn Hamas’ Oct. 7 attack on southern Israel that triggered the war and compared Israel’s actions in Gaza to those of Nazi Germany. (AP Photo/Ivan Valencia, File)
May 03

As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda

Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday
May 03
FILE- France's President Emmanuel Macron delivers a speech at the Sun Yat-sen university in Guangzhou, China, Friday, April 7, 2023. (AP Photo/Thibault Camus, File)
May 02

E-waste is overflowing landfills. At one sprawling Vietnam market, workers recycle some of it

The world is producing more electronic waste than ever — 62 million metric tons in 2022
May 02
Used laptops and other refurbished electronic devices are for sale in Nhat Tao market, the largest informal recycling market in Ho Chi Minh City, Vietnam, Monday, Jan. 29, 2024. (AP Photo/Jae C. Hong)
May 02

Comcast blacks out 15 regional sports networks in contract dispute with distributor

Comcast has blacked out 15 regional sports networks offered by Bally Sports, escalating a contract dispute with their distributor
May 02
FILE -A Bally Sports sign hangs in a dugout before the start of a spring training baseball game between the St. Louis Cardinals and Houston Astros Thursday, March 2, 2023, in Jupiter, Fla. Comcast has blacked out 15 regional sports networks offered by Bally Sports, escalating a contract dispute with their distributor. The cutoff that began Wednesday, May 1, 2024 affects games played by a dozen Major League Baseball teams based in nine states. (AP Photo/Jeff Roberson, File)
May 02

US employers scaled back hiring in April. How that could let the Fed cut interest rates

The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
May 02
FILE - Math teacher Margie Howells teaches a fifth grade class at Wheeling Country Day School in Wheeling, WV, on Tuesday, Sept. 5, 2023. On Friday, May 3, 2024, the U.S. government issues its April jobs report. (AP Photo/Gene J. Puskar, File)
May 02

Man found guilty of murder in 2020 fatal shooting of Missouri officer

A man charged with killing a St. Louis police officer in 2020 has been found guilty of murder
May 02
Defendant Thomas Kinworthy Jr. following a verdict in his first-degree murder trial Thursday, May 2, 2024, in the 22nd Circuit Court in St. Louis. Kinworthy was found guilty of first-degree murder and other counts in the death of St. Louis officer Tamarris Bohannon, 29, who was shot and killed and officer Arlando Bailey who was injured during a home invasion in August 2020. (Laurie Skrivan/St. Louis Post-Dispatch via AP, Pool)
May 02

Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren Buffett

Everyone knows Warren Buffett’s successor won’t be able to match the legendary investor
May 02
FILE - Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on Fox Business Network's "Countdown to the Closing Bell," May 7, 2018, in Omaha, Neb. Everyone knows Buffett's successor won't be able to match the legendary investor, but Berkshire Hathaway's board remains confident that Greg Abel is the right guy to one day lead the conglomerate into the future. (AP Photo/Nati Harnik, File)
May 02

Global Citizen NOW urges investment in Sub-Saharan Africa and youth outreach

Global Citizen NOW says it wants 2024 conference attendees to invest long-term in the African continent's fast-growing youth population and increase outreach to young changemakers
May 02
Actor and Global Citizen Ambassador Hugh Jackman addresses attendees of the Global Citizen Now conference, Thursday, May 2, 2024, in New York. (AP Photo/Mary Altaffer)
May 02

Airbnb offering Hollywood treatment to guests

Airbnb has created a special category for guests who want to live like movie stars. The online marketplace for consumers to book short or long-term stays is offering homes inspired by movies.
May 02
VIDEO: Airbnb offering Hollywood treatment to guests
May 02

Maui sues cell carriers over wildfire warning alerts that were never received during service outages

Maui County is suing major cellular carriers for failing to properly inform police of widespread service outages during the height of last summer’s deadly wildfire
May 02
FILE - A general view shows the aftermath of a wildfire in Lahaina, Hawaii, Thursday, Aug. 17, 2023. Maui County is suing major cellular carriers for failing to properly inform police of widespread service outages during the height of last summer's deadly wildfire. (AP Photo/Jae C. Hong, File)
May 02

Turkey halts all trade with Israel over military actions in Gaza

Turkey has announced that it is suspending all imports and exports to Israel over its ongoing military action in Gaza
May 02
FILE - Turkish President Recep Tayyip Erdogan speaks during a joint statement to the media in Baghdad, April 22, 2024. Turkey on Thursday, May 2, suspended all imports and exports to Israel citing the country's ongoing military action in Gaza and vowed to continue to impose other measures until the Israeli government allows the flow of humanitarian to the region. (Ahmad Al-Rubaye/Pool Photo via AP, File)
May 02

Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says

Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion
May 02
FILE - The Sony Pictures Plaza building is seen, Dec. 19, 2014, in Culver City, Calif. Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. (AP Photo/Damian Dovarganes, File)
May 02

Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset
May 02
FILE - In this June 16, 2020 file photo, the sun is reflected on Apple's Fifth Avenue store in New York. Apple will reports earnings on Thursday May 2, 2024. (AP Photo/Mark Lennihan, File)
May 02

The Fed indicated rates will remain higher for longer. What does that mean for you?

The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
May 02
FILE - An American flag flies over the Federal Reserve building on May 4, 2021, in Washington. The Federal Reserve’s decision to keep its benchmark rate at a two-decade high should have ripple effects across the economy. Mortgage rates, credit card rates, and auto loan rates will all likely maintain their highs, with consequences for consumer spending. (AP Photo/Patrick Semansky, File)
May 02

Kentucky governor predicts trip to Germany and Switzerland will reap more business investments

Gov. Andy Beshear is predicting that his recent economic development trip to Germany and Switzerland will reap more business investments in Kentucky
May 02
FILE - Kentucky Gov. Andy Beshear speaks to a joint session of the state Legislature to deliver his State of the Commonwealth address in the House chambers of the state Capitol, Jan. 3, 2024, in Frankfort, Ky. Beshear predicted Thursday, May 2, that his recent economic development trip to Germany and Switzerland will reap more business investments in the Bluegrass State. (AP Photo/Timothy D. Easley, File)
May 02

How major US stock indexes fared Thursday, 5/2/2024

U.S. stocks closed higher and trimmed their losses for the week
May 02
May 02

Interest rates could be high for much longer. Here's what it means for you

The Fed held interest rates steady at a meeting this week.
May 02
May 02

Russian state media is posting more on TikTok ahead of the U.S. presidential election, study says

A study by the nonprofit Brookings Institution says Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U.S. presidential election
May 02
FILE - The TikTok logo is displayed on a mobile phone in front of a computer screen, Oct. 14, 2022, in Boston. Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U.S. presidential election, according to a new study released Thursday, May 2, 2024, by the nonprofit Brookings Institution. (AP Photo/Michael Dwyer, File)
May 02

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery fell 5 cents to $78.95 per barrel Thursday
May 02