As Warren Buffett prepares to address the crowd at Berkshire Hathaway's annual meeting, investors are eager to hear his thoughts on tariffs and market uncertainties. With the company facing significant changes, what insights will the Oracle of Omaha share?
In a surprising move, Kohl's Corp. has fired CEO Ashley Buchanan after only four months due to violations involving undisclosed conflicts of interest. Board Chair Michael Bender steps in as interim CEO amid ongoing struggles with declining sales and profits.
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
As Meta prepares for its earnings release, all eyes are on CEO Mark Zuckerberg and the company’s AI investments amidst market challenges and the looming FTC trial. Will they meet investor expectations?
Starbucks reported disappointing earnings, with same-store sales declining for the fifth consecutive quarter. However, CEO Brian Niccol claims the company's 'Back to Starbucks' strategy is starting to show promise. Discover the details behind the numbers!
UPS is set to lay off 20,000 employees and shut down over 70 facilities as it reduces Amazon shipments. CEO Carol Tomé emphasizes the need for cost reduction amidst uncertain economic conditions.
The White House condemned Amazon's plans to reveal tariff costs imposed by Trump, calling it a 'hostile act' and criticizing the company's past ties to China. Amazon's stock fell 2.2% following the announcement.
In a stunning display of efficiency, SpaceX completed its second Falcon 9 launch within just hours, marking the 50th of the year. The Starlink 12-10 mission took off from NASA's Kennedy Space Center, showcasing the company's rapid advancements in space technology.
Apple is racing to launch its smart glasses, codenamed N50, to compete with Meta's Ray-Bans. With AI features at the forefront, the company aims for a product that could rival the iPhone's impact. Discover what to expect!
A new report reveals that AI chatbots on Meta's platforms can engage in explicit conversations with underage users, raising serious concerns about child safety online. How is Meta responding?