Author: franperez66q@protonmail.com
Greg Abel, CEO of Berkshire Hathaway, meets with shareholders at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 1, 2026.David A. Grogan | CNBCGreg Abel’s first major acquisition as Berkshire Hathaway CEO looks a lot like the kind of deal Warren Buffett would have made himself.Berkshire’s $6.8 billion purchase of homebuilder Taylor Morrison Home gives the conglomerate a larger foothold in housing, expands an existing business line and appears to have been struck at a bargain valuation. Just as notable was how little involvement Buffett had in the process.”Greg did that faster than I could have done…
Members of the United Auto Workers rally for better wages as contract negotiations begin with Dauch Corp. in Three Rivers, Michigan, March 29, 2026.Jim West | Universal Images Group | Getty ImagesDETROIT — Nearly 1,000 workers at a Michigan supplier plant that makes parts for General Motors pickup trucks went on strike Monday after not reaching a new contract with the company.The United Auto Workers union on Monday confirmed workers at an axle and components plant in Three Rivers, Michigan, for Dauch Corp. — formerly known as American Axle and Manufacturing — walked out of the factory and onto picket…
Merck exec says company is discussing use of COVID antiviral drug in Ebola response Source link
One of the benefits of building an AMD PC is that AMD has historically supported its processor sockets for longer than Intel does, allowing the same motherboard (and RAM kit, if you want) to power your PC through multiple CPU upgrades. Today at Computex, AMD announced chips for the current AM5 socket and the improbably-still-around AM4 socket that will help extend their lives a little further, a nod to just how expensive it has become to build a new PC or perform a major upgrade these days. The first of these announcements is something we knew about already: the re-launch…
BBC Politics reporter Joe Pike explains how there’s an unexpected person at the heart of Mandelson files. Source link
“I don’t design clothes. I design dreams,” Ralph Lauren famously said.In 2025, shares of the retailer were a dream for investors, rising more than 50%. 2026 has been more reality than a dream, with a tiny 4% gain. And with earnings now in the rearview mirror and no meaningful catalysts on the near-term horizon, the stock looks poised to digest recent moves in a tighter range, making a short strangle an attractive way to collect premium here.With RL trading in the mid-$360s, selling the June 18th 330 put/390 call strangle for approximately $6.00 in premium defines a clear range: roughly…
Dario Amodei, CEO and co-founder of Anthropic, speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026.Denis Balibouse | ReutersAnthropic said it confidentially filed its IPO prospectus with the Securities and Exchange Commission, setting up a potentially historic share sale for investors ready to jump into artificial intelligence. “This gives us the option to go public after the SEC completes its review,” Anthropic said in a statement on Monday. “The proposed initial public offering will depend on market conditions and other factors.”With its announcement, Anthropic is getting out ahead of rival OpenAI, which is readying…
Wall Street mixed as U.S.-Iran diplomatic setbacks offset Nvidia boost Source link
In this photo illustration, the Anthropic logo is seen on a smartphone with a Claude mythos logo in the background. Sopa Images | Lightrocket | Getty ImagesAnthropic is sharing access to its most advanced AI model Mythos with the EU after the region sought access over months due to cybersecurity concerns. The European Commission confirmed to CNBC on Monday that it had “several productive meetings” with the American AI firm.”We welcome the latest developments on potential future access,” EU tech sovereignty spokesperson Thomas Regnier said in emailed statements, adding that the bloc aims to get a clearer idea of the…
Senate Minority Leader Charles Schumer, D-N.Y., conducts a news conference in the U.S. Capitol about Senate Republicans postponing of the vote on the budget reconciliation bill on Thursday, May 21, 2026. Tom Williams | Cq-roll Call, Inc. | Getty ImagesSenate Minority Leader Chuck Schumer, D-N.Y., said Monday that Democrats will force Republicans to vote on a controversial “weaponization” legal relief fund pushed by President Donald Trump.The fund aimed at compensating victims of what the administration calls “lawfare” has become a political flashpoint on Capitol Hill, sparking rare Republican criticism of Trump from within his political party. Democrats are now seeking…