Today's Top Story
Warren Buffett says AI may be better for scammers than society. And he's seen how
Warren Buffett has come face to face with the downside of AI Read More
Business News
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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
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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 wages
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Warren Buffett's company rejects proposals, but it faces lawsuit over how it handled one last year
Shareholder proposals are usually uneventful at Berkshire Hathaway’s annual meeting, but Warren Buffett and the company are now facing a lawsuit over the way one presenter was treated last year
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Economic News
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Boeing threatens to lock out its private firefighters around Seattle 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
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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
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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
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Money News
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IOC imposes 15-year ban on former Olympic power broker Sheikh Ahmad of Kuwait
The IOC has suspended former Olympic power broker Sheikh Ahmad of Kuwait for 15 years after his conviction for forgery was upheld on appeal this year at a Swiss criminal appeals court
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Iran commutes a tycoon's death sentence to 20 years in prison
Iran’s official IRNA news agency reported that a tycoon's death sentence has been commuted to 20 years in prison after he returned around $2.1 billion in assets from illegally selling oil abroad
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A Hawaii military family avoids tap water at home. They're among those suing over 2021 jet fuel leak
Richelle Dietz is a mother of two and wife of a U.S. Navy chief petty officer living on a Hawaii military base who often thinks about water
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