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News
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
1+ week, 1+ day ago (420+ words) Berkshire Hathaway is increasing the size of its stake in Google’s parent company and beefing up its holdings in homebuilders, according to the conglomerate’s latest snapshot of its investment portfolio. The Omaha, Nebraska-based company also continued to pare its stake…...
Steve and Connie Ballmer are splitting their $8 billion philanthropy into three
1+ week, 6+ day ago (431+ words) Steve and Connie Ballmer have given away more than $8 billion during the past two decades, and founded the Ballmer Group in 2015. Now they’re changing who gets to decide where the next donations go. Some of the Ballmer Group’s largest gifts…...
Berkshire Hathaway finally spends massive cash pile, buying $10 billion in Alphabet stock and repurchasing $4.5 billion in shares
2+ week, 2+ day ago (492+ words) Berkshire Hathaway’s new CEO Greg Abel spent a significant chunk of the company’s massive pile of cash as it invested $10 billion in Google’s parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren Buffett built…...
An Upstate New York school district bought a $60K robot teacher that looks uncomfortably like a sex doll
3+ week, 5+ day ago (918+ words) A school district in a rural corner of upstate New York is hitting pause on plans to deploy an AI-powered, humanoid robot in the classroom after state education officials, teachers and local residents raised concerns, including the maker’s ties to…...
Democrats are looking for conservative versions of Bernie Sanders in states like Nebraska and Alaska
3+ mon, 1+ week ago (1090+ words) Democratic leaders, desperate to compete in red states where their party brand is toxic, are embracing something new this midterm season: not backing Democrats. In states like Nebraska and Alaska, Democratic officials are, in some cases, looking past their own…...
Record heat, zero rain, millions of acres lost: Experts warn wildfires are now America’s problem to survive
3+ mon, 3+ week ago (834+ words) Earlier this month, a balloon coated in aluminum foil—the kind normally seen at a child’s birthday party—drifted into the path of a transmission line, kindling an electrical spark that ignited dry vegetation nearby. Around the same time, a…...
A raw deal: 3,800 Colorado meatpackers stage first beef plant strike in 40 years at one of the largest meatpacking plants in U.S.
5+ mon, 1+ week ago (505+ words) About 3,800 workers at one of the nation’s largest meatpacking plants went on strike Monday in Colorado in what union representatives said is the first walkout at a U.S. beef slaughterhouse in four decades. The strike at the Swift Beef Co. plant…...