Beginning Jan. 1, Greg Abel, who's been overseeing Berkshire's non-insurance operations, will become the new CEO. Although Warren Buffett's short-term actions and long-term ethos didn't always align, ...

TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.

TikTok has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.

Elon Musk has become the first individual to surpass a net worth of $600 billion, according to Forbes. The achievement not only solidifies his position as the world's richest person but also ...

The Council’s presidency and the European Parliament’s representatives reached today a provisional political agreement on the revision of the foreign direct investment (FDI) screening regulation. The ...

The U.S. government's designation of the Venezuelan Cartel de los Soles as a foreign terrorist organization officially took effect Monday as part of President Trump's aggressive campaign to combat ...

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The delay leaves the shipping sector in regulatory limbo even as companies, investors, and insurers press ahead with net-zero goals. It also raises fresh questions for legal, commercial, and ...

Michael Cembalest, Chairman of Market and Investment Strategy for J.P. Morgan Asset & Wealth Management, issued a clarification in a new note dated Oct. 16, following a report calling out ORCL debt ...

Japanese tech conglomerate SoftBank announced a $6.5 billion acquisition of Arm server CPU upstart Ampere Computing back in March, and that deal has not yet closed. And that means business has to ...

Earlier this week, Microsoft patched a vulnerability that was flagged with the "highest ever" severity rating received by an ASP.NET Core security flaw. This HTTP request smuggling bug (CVE-2025-55315 ...