Economy

When Warren Buffett shares details of his personal finances, people tend to pull up a chair and take notes. When you’re one of the wealthiest people on Earth, you must be doing something right. While Buffett’s acolytes are chiefly interested in strategies for amassing more money, they recently received a lesson in how to give […]

Moor Studio | Digitalvision Vectors | Getty Images Companies are talking up a storm about artificial intelligence and generative AI implementations, and many are moving ahead with deployments. But there might be a danger of employee burnout from moving too fast into AI, and businesses need to guard against this even as they enthusiastically jump […]

Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images The Biden administration on Thursday released prices for the first 10 prescription drugs that were subject to landmark negotiations between drugmakers and Medicarea […]

An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images Amazon and six other organizations have been selected to take part in a trial looking at expanding the use of drones in the U.K. The country’s Civil Aviation […]

Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company’s stores and website drew more visits, and sales outside the grocery department improved. The discounter beat Wall Street’s expectations for sales and profits, and its shares climbed 6% in morning trading. Walmart said it now expects sales to […]

A guided tour in the center of in York, UK, on Friday, June 7, 2024. Bloomberg | Bloomberg | Getty Images The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday, continuing the country’s cautious recession rebound. The reading was in line with the expectations […]

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top- and bottom-line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. Here’s […]

Cristiano Ronaldo stands prior to the Saudi Pro League week 28 soccer match between Al-Nassr and Al-Shabab at Alawwal Park Stadium in Riyadh, Saudi Arabia on May 23, 2023.Mohammed Saad | Anadolu Agency | Getty ImagesSaudi Arabia are signing some of world soccer’s most high profile players this summer — but why is this happening… […]

Dustin Moskovitz, Asana’s co-founder and CEO.AsanaThe typical playbook for a successful tech founder looks something like this.Start a company with full ownership. Sell off significant chunks to venture investors as the business progresses. Eventually become a minority owner. Take the company public. Sell more stock over time.Asana’s Dustin Moskovitz took that playbook and completely rewrote… […]

Costco’s famous $1.50 hot dog and soda combo is more than a great lunch deal.It’s an object of corporate mythology, an inflation-proof icon and, most recently, a TikTok famous T-shirt design.A quick Google search for “Costco hot dog shirt” brings up dozens of results from retailers all over the web with designs featuring the no-frills… […]