Warren Buffett says he won’t endorse Kamala Harris or Donald Trump. Here’s why he’s staying out of politics.
Warren Buffett has made it clear he won’t be endorsing Kamala Harris or Donald Trump for president. Warren Buffett has not endorsed Kamala Harris or Donald Trump, and made it clear this week he will not publicly back either presidential candidate. “Mr. Buffett does not currently and will not prospectively endorse investment products or endorse…
VCs are ‘hedging their bets,’ backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo
When venture firms pull out their checkbooks, there has traditionally been an unspoken rule: Do not back a competitor. Choose either Lyft or Uber, but not both. “I have never seen it before, and I assumed no one would do it,” said Joe Aaron, founding partner at TRAC. “Would you want a company that invested…
I quit my $200K fintech job to take 6 months off. It was just what I needed — and surprisingly easy to find a new role
Jeanne Pastrano, a mother of two, quit her job and took a six-month sabbatical after feeling burned out. People would always tell me, “You make being a working mom look so easy.” Maybe I did — but that doesn’t mean it was easy. I’m 37. I have two boys, ages 10 and 12, and I…
Boeing’s new CEO is taking on the ultimate management test
Kelly Ortberg spent his first day as Boeing CEO visiting the planemaker’s 737 Max factory. Kelly Ortberg took the helm at Boeing with no time to spare. Just two months in and he is grappling with striking workers, multi-billion-dollar losses, and a corporate culture gone adrift — all while trying to create a plan to…
A battle over the future of US retirement is playing out in Pennsylvania as the election looms
Maureen, 67, is planning to vote for former President Donald Trump in November because she believes he’ll be more beneficial to her finances now that she’s retired. The northeast Pennsylvania resident, who requested her last name be withheld to protect her privacy, said she approaches each election with an open mind and has previously voted…
The latest sign Costco is having a ‘Netflix moment’
Costco is set to have its own “Netflix moment.” The largest wholesale club retailer and the world’s biggest streaming giant continue to have some similarities. A year after Costco initiated its Netflix-style membership crackdown, including increasing the number of ID scanners at front entrances, analysts say the company could see a similar revenue lift. “Costco’s…
Plaintiffs in 14 lawsuits call Diddy a rapist. These accusers can clinch or crash his criminal case.
Sean “Diddy” Combs at the 2022 Billboard Music Awards in Las Vegas. The sex-trafficking indictment against Sean “Diddy” Combs mentions a single cooperating accuser, a former longtime girlfriend referred to only as “Victim-1.” Legal experts believe she won’t be alone for much longer. Plaintiffs from Combs’ growing number of sexual abuse lawsuits may soon join…
Inflation is scrambling Americans’ perceptions of middle-class life
Vincent, a 29-year-old medical-sales rep, makes $130,000 a year. It was a dream when he was younger — once he was making six figures, he assumed he’d be in financial nirvana, worry-free, off on vacation somewhere at least once a year, perhaps able to buy a home in the not-too-distant future. “I was like, if…
Russia’s economy faces a demographic disaster and risks seeing its population reduced by half by the end of this century, think tank says
Russian President Vladimir Putin during the Navy Day Parade in Saint Petersburg, Russia, in July 2022. Russia’s economy has a dire demographic problem on its hands, and the nation could see its population slashed in half by the end of the century, an Atlantic Council report says. The report from the Washington, DC, think tank…
