Business news

Business news • May 15

Global bonds battered as flaring inflation spooks investors

By Amanda Cooper, Karen Brettell, Laura Matthews and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, May 15 (Reuters) - Bond markets are bracing for interest-rate...

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Business news • May 15

Pershing Square Snapped Up Microsoft Shares, Exited Hilton, Slashed Alphabet Stake in First Quarter

The fund's latest 13F filing was submitted to the Securities and Exchange Commission on Friday.

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Business news • May 15

Berkshire Boosted Stake in Alphabet in First Quarter, Bought Delta Air, Sold Visa, Mastercard

Berkshire Hathaway significantly increased its equity stake in Alphabet in the first quarter and initiated a new holding in Delta Air Lines, while selling...

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Business news • May 15

Berkshire Sold Amazon, Bought These Stocks After Warren Buffett's Exit

Warren Buffett's successor Greg Abel is steering both day-to-day operations and Berkshire Hathaway's massive investment portfolio.

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Business news • May 15

AP finishes US restructuring with round of 20 layoffs, part of strategic pivot from print journalism

The Associated Press laid off 20 U.S.-based journalists on Friday, the union representing them said, part of a restructuring announced last month that is...

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Business news • May 15

Berkshire’s Abel sours on some of Warren Buffett’s picks, while betting big on Delta

A fresh bet on Delta Air Lines marks Berkshire Hathaway's return to U.S. airlines, as it had closed its positions in the industry six years ago.

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Business news • May 15

Stock Market Dives, Yields Soar As Trump Says This On Taiwan; Microsoft Pops On Ackman Move

The stock market, including the Dow Jones index, dives Friday. President Donald Trump speaks out on Taiwan. Nvidia earnings loom.

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Business news • May 15

Trump’s 'Golden Age' killed another American company's factory in a red state

Reason Magazine reports President Donald Trump's tariffs and his war with Iran appears to have personally played a role in killing a profitable North...

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Business news • May 15

Social Security announces the top 10 baby names for 2025, plus 5 other government updates you need to know

In an ever-evolving landscape of public policy and administration, staying informed about the latest government updates is crucial for citizens and...

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Business news • May 15

SpaceX to Go Public June 12

This is an edition of the What's News newsletter, which helps you catch up on the headlines and understand the news, free in your inbox daily.

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Business news • May 15

Powell’s tenure as Fed chair marked by fight for independence while trying to tame inflation

When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that...

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Business news • May 15

Takeaways from Fed Chair Jerome Powell's tenure as he steps down

A global pandemic that put millions of Americans out of work within days. The highest inflation in four decades. An unprecedented federal criminal...

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Business news • May 15

Sam Sianis, longtime owner of iconic Billy Goat Tavern, dies, restaurant says

Sam Sianis, the longtime owner of the iconic Billy Goat Tavern, has died, the restaurant says.

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Business news • May 15

Datacenters slurping up so much juice they boosted prices 75% in largest US energy market

BYO power for AI bit barns may be the best way to ease the problem, says energy watchdog.

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Business news • May 15

The Best Outdoor Deals From the REI Anniversary Sale 2026

It's nearly summer. Birds are migrating, flowers are blooming, and REI is kicking off its annual anniversary sale. It's the outdoor retailer's biggest sale...

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Business news • May 15

Chick-fil-A franchisee sued by US government for religious discrimination

The US government is suing a Chick-fil-A franchisee for allegedly denying an employee's request to take Saturdays off work for religious reasons.

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Business news • May 15

Waymo's Self-Driving Car Saw the Flood and Drove In Anyway. Here's The Problem Plaguing Every Robotaxi.

Every sensor on a Waymo robotaxi sees the world in layers. The LiDAR maps it in three dimensions, radar bounces through it, and cameras read it in color and...

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Business news • May 15

Mounting Inflation Pressures Deepen Global Bond Slide

The yield on the 10-year Treasury climbed to nearly 4.6% Friday, its highest level in more than a year.

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Business news • May 15

How Jerome Powell navigated pandemic, inflation and Trump

In his eight years at the helm of America's central bank, Jerome Hayden Powell has guided the U.S. economy through extreme tumult and fought off...

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Business news • May 15

Berkshire Boosts Alphabet, Exits Amazon in CEO’s First Quarter

Berkshire Hathaway Inc. amassed a $2.6 billion stake in Delta Airlines Inc., reigniting the conglomerate's complicated relationship with the airline...

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