For the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket contest. An anonymous employee from aviation training company FlightSafety International, a subsidiary of Buffett’s…
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Business
‘Eat now, pay later’? DoorDash-Klarna deal fuels concerns around loans for takeout
by adminDoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way. The announcement has drawn a…
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Business
Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.
by adminInvestors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After…
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Business
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
by adminDollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the company is seeing “value-seeking behavior…
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Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company prepares to open its first…
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Business
Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout
by adminFintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan to handle payments can soon…
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Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly criticized Trump in their responses…
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World News
‘The Americans didn’t learn their lesson’: Meet the Europeans boycotting US goods
by adminMoya O’Sullivan looked in her cabinets, and saw a problem: her cream cheese, toothpaste, mouthwash, whiskey and soft drinks were all American. They had to go. O’Sullivan, 29, teaches history and English to pupils in…
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World News
Israel considers massive new ground offensive in Gaza as it ramps up pressure on Hamas
by adminIsrael is making plans for a potential major ground offensive in Gaza that would involve sending tens of thousands of troops into combat to clear and occupy large swaths of the enclave, an Israeli official…
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World News
Israel approves controversial proposal to facilitate emigration of Palestinians from Gaza
by adminIsrael’s security cabinet has approved a controversial proposal to facilitate Palestinian emigration from Gaza, a move critics warn could amount to ethnic cleansing. Israeli Finance Minister Bezalel Smotrich on Sunday said the security cabinet approved…