OMAHA, Neb. (AP) – Berkshire Hathaway is buying back shares for the first time in nearly two years, and new CEO Greg Abel said he has no immediate plans to sell off Kraft Heinz shares now that the packaged food giant has shelved its plan to split the company into two.
WASHINGTON (AP) – A Pentagon policy limiting journalists’ access to the building is depriving Americans of vital information about U.S. military operations while the country is at war, a New York Times attorney argued Friday in urging a judge to block the new rules.
The Trump administration is following through with its threat to designate artificial intelligence company Anthropic as a supply chain risk in an unprecedented move that could force other government contractors to stop using the AI chatbot Claude.
March 2 – The Washington Post says DHS remains unfunded despite heightened terror threat. As America’s conflict with Iran continues, the Department of Homeland Security is warning law enforcement about the heightened risk of lone wolf attacks. Yet the agency tasked with keeping Americans safe – remains unfunded.
NEW YORK (AP) – Government officials are getting closer to ironing out a refund process for the hundreds of thousands of companies that paid tariffs now deemed illegal. In a filing with the Court of International Trade on Friday, it said it is working on a new system that will simplify the process that should be ready in 45 days.
LOS ANGELES (AP) – Raiding retirement savings for a down payment on a home can be tempting, especially if you’ve struggled to scrape together enough money to buy. But should you?
NEW YORK (AP) – Morgan Stanley is laying off roughly 2,500 employees as job cuts continue this year in the financial sector. The layoffs at Morgan Stanley, which account for roughly 3% of its workforce, are taking place across the entirety of investment bank, a person with knowledge familiar with the matter told The Associated Press.
SAN FRANCISCO (AP) – Elon Musk continued to defend his actions in the months leading up to his 2022 purchase of Twitter in court Thursday as he faces a class action lawsuit claiming he misled investors and caused them to lose millions of dollars.
NEW YORK (AP) – Apple CEO Tim Cook promised a “big week” of product announcements has seen the introduction of a new budget-friendly iPhone trim, an entry-level Macbook tier, updated iPad Air models, refreshed monitors and higher-end chipsets. All of which was on display at hands-on media events held Wednesday in New York, London and Shanghai.
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