Tag: business news
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Buffett favors an estate tax, but like virtually all billionaires, he won’t be paying it
Warren Buffett believes he and other very wealthy Americans are under-taxed but by giving his fortune to charity, he won’t be paying billions in potential levies to the government.
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Trump mixes jokes with barbs at White House Correspondents’ dinner
The black-tie gathering was called off on April 25 after a man tried to force his way through a security checkpoint and fired a shotgun.
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Finland’s radical answer to renewable energy’s biggest headache: The world’s largest sand battery
A small Finnish town has turned to the world’s largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency.
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Trump sued hours after new tariffs take effect, as experts say they may not hold up
President Donald Trump has renewed a flurry of tariffs, including slapping 25% duties on Brazilian imports and vowing 50% tariffs on goods from Canada.
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Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
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Paramount agrees to delay WBD acquisition to as late as June 2027 amid legal challenge
Paramount previously said it intended to complete its WBD acquisition by the end of September, but said Friday the agreement is a “significant win.”
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Trump defends DOJ subpoenas of NY Times reporters; Google also was targeted
The DOJ is investigating the leak to The New York Times of security concerns about President Donald Trump’s new Air Force One plane, donated by Qatar.
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Strait of Hormuz traffic may not return to normal for 12 months or more, according to prediction markets
Kalshi traders give less than 50% odds that the key maritime passageway will fully reopen by July 2027.
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Trader who successfully shorted Tesla into earnings now sets sights on this high flyer
The bearish Tesla set-up we flagged ahead of Wednesday’s report has delivered most of what it can.
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Anthropic’s new AI model rivals Fable 5 and is cheaper as businesses fret about costs
Anthropic said Claude Opus 5 is its best performing and its most cost-effective offering.
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