Author name: Pamela Ross

Berkshire Hathaway held its annual meeting on Saturday with Chairman and CEO Warren Buffett tackling a range of topics, including artificial intelligence, who will be responsible for the portfolio in the future, and the next potential investment. But “Woodstock for capitalists” took place without Charlie Munger, Buffett’s longtime business partner who passed away in November. […]

Boeing Chief Financial Officer Brian West shared what traits the next chief executive should bring as the aerospace giant looks for someone to replace outgoing CEO David Calhoun. In a note distributed to investors on Thursday, JPMorgan analysts recounted a recent meeting they had with West, who joined the company in August 2021. He was

The number of children in Japan has dropped to another record, in a stark reminder of the demographic challenges that are weighing on Asia’s second biggest economy. The population of kids 14 years old or younger fell for the 43rd straight year to around 14.01 million as of April 1, according to data from the Ministry of Internal Affairs

Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., is seeking to raise as much as $367.5 million in a US initial public offering. The EV maker said in a filing Friday that it plans to market 17.5 million American depositary shares for $18 to $21 apiece in

While Boeing struggles with regulatory hurdles and delivery delays, a smaller competitor known for its regional and business jets may be raising its ambitions to compete—possibly at its own peril. Brazil-based airplane manufacturer Embraer is reportedly exploring the idea of creating a next-generation narrow-body jet, the Wall Street Journal reported. Embraer’s new aircraft would take

This year marks the 150th running of what is likely the most famous horse race in the world. Saddle up, race fans… it’s Derby time! The 2024 run for the roses is hoping to avoid a lot of the recent drama that has plagued the sport. The technical winners of the 2019 and 2021 Derbies

With the midday sun blazing, an experimental orange and white F-16 fighter jet launched with a familiar roar that is a hallmark of U.S. airpower. But the aerial combat that followed was unlike any other: This F-16 was controlled by artificial intelligence, not a human pilot. And riding in the front seat was Air Force Secretary Frank

Warren Buffett’s company reported a steep drop in earnings Saturday because the paper value of its investments fell, but the tens of thousands of shareholders filling an Omaha arena to hear Buffett answer questions at the annual meeting later can take heart that Berkshire Hathaway’s many businesses performed well. Berkshire reported a $12.7 billion profit, or $8.825

The call to IT was a strange one. A cochin rooster had accidentally changed a password on a cash register, and someone needed to come and unlock it. “We had to explain the situation—a chicken changed the password, and we don’t know what it is and he’s not giving it up,” said Sue Cristante, the