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Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

17hBusiness InsidereconomicsImpact

Elon Musk’s $1tn mega-bonus is now a meme

Expect the idea to pop up in more conventional boardrooms...

1dFinancial TimeseconomicsImpact

The Atlantic, Penske, and Vox Media have all sued Google for antitrust violations

Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...

13hThe VergeeconomicsImpact

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...

1dThe VergePoliticsImpact

IMF presses governments to step up support for workers displaced by AI

Analysis finds evidence of the technology hitting wages and employment in certain areas...

1dFinancial TimeseconomicsImpact

Citigroup profit slips as expenses rise amid sweeping overhaul

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...

18hFinancial Timeseconomics

Coca-Cola scraps Costa Coffee sale after bids fall short

Coke had been seeking about £2bn after paying £3.9bn for UK coffee chain in 2018...

1dFinancial Timeseconomics

Wall Street groups hire traders to wade into prediction markets

Big financial companies expand beyond traditional securities to arbitrage event contracts in sport and politics...

1dFinancial TimeseconomicsImpact

As Vietnam’s US trade surplus overtakes China, Trump replaces envoy to fix ‘imbalance’

The Trump administration plans to ‌replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus ‍with Washington surpassed China’s...

1dSouth China Morning PostPoliticsImpact

Taiwan says ‘general consensus’ reached with US on trade deal

US media reports say tariffs will be cut to 15 percent in exchange for TSMC investment....

1dAl JazeeraPolitics

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

18hBusiness InsidereconomicsImpact

Visa Partners With BVNK to Enable Stablecoin Payouts on Visa Direct

The integration will enable businesses to fund and receive Visa Direct payouts using stablecoins in select markets....

19hDecryptTechnologyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

20hBusiness InsiderTechnologyImpact

Ripple Secures Another Key European License as XRP Rises

Crypto payments firm Ripple has revealed its second European license approval in the last week, fueling expansion ahead....

14hDecryptcryptocurrencyImpact

Rival leagues, charter flights and T-shirts: 11 moments that led to WNBA labor strife

CBA negotiations intensified in recent months, but previous events helped spark the stalemate between the WNBA and WNBPA....

18hESPNSports

Oil services giant SLB to pounce on Trump’s Venezuela opening

Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro...

20hFinancial TimesPoliticsImpact

How US sanctions crippled lives of Iranians Trump says he wants to ‘help’

US sanctions have damaged Iran's economy, which was the reason the protests broke out in the first place....

1dAl JazeeraPoliticsImpact

LINK Hits Monthly High as Bitwise Launches Chainlink ETF on NYSE

Bitwise launched its Chainlink ETF Wednesday, becoming the second spot LINK fund in the U.S. following Grayscale's December debut....

15hDecryptcryptocurrencyImpact

Google Seeks Dismissal of Publisher Lawsuit Over AI Search Summaries

The search giant says displaying AI summaries constitutes lawful innovation, in its latest defense against year-long publisher lawsuits....

21hDecryptTechnologyImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

1dSouth China Morning PosteconomicsImpact
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