Browsing: Business
Newsom advances AI ‘kill switch’ mandate under new California executive order
California Gov. Gavin Newsom, a likely 2028 presidential contender, signed an executive order Friday calling on the federal government to take a more active role in regulating artificial intelligence. He said in a statement that the Trump administration has…
Warren Buffett steps down as chairman of Berkshire Hathaway
Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday. “Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted,” Buffett, who was named chairman…
National Cheeseburger Day 2026: Burger deals at McDonald’s, Wendy’s and others
Americans celebrating National Cheeseburger Day Friday can score free and discounted burgers at major restaurant chains, including McDonald’s, Burger King, Wendy’s, Five Guys and others. Most of the deals are available through restaurant loyalty programs or…
Toys R Us makes major comeback with 120 new stores opening across US this holiday season
Toys R Us is launching its biggest U.S. expansion in years, with 120 new standalone stores set to open in time for the holiday shopping season. The retailer announced Thursday that it will open the new standalone stores across the U.S. this holiday season…
California high-speed rail consultants billed taxpayers for a private plane, tiki bars and cigar lounges
California High-Speed Rail Authority officials rubber-stamped hundreds of thousands of dollars in travel charges incurred by outside consultants, according to a new report from the state’s inspector general. The lavish spending revelations come as the $126…
Higher jet fuel prices prompt airlines to adjust flight schedules
Executives from American Airlines, United Airlines and Southwest Airlines said Wednesday that higher jet fuel prices are prompting carriers to adjust capacity and closely monitor flight schedules. The global average jet fuel price rose 6.1% week over week to…
DSA platform could cost up to $212T over a decade, analysis finds
The policy agenda of the Democratic Socialists of America (DSA) would cost between $71 trillion and $212 trillion in fresh spending over a decade, according to a new analysis. The progressive wing of the Democratic Party has had electoral success recently…
Trump plans state dinner for Xi Jinping with Altman, Huang and Cook
President Donald Trump is planning to hold a state dinner next week to mark a visit by Chinese President Xi Jinping, and several tech industry leaders are expected to attend. OpenAI CEO Sam Altman and Apple Executive Chairman Tim Cook are both reportedly…
Paramount mum, but LA officials on notice as rumors of move from California to Nashville swirl
While Paramount has yet to announce its official departure from Hollywood, Los Angeles officials are on high alert after Los Angeles Mayor Karen Bass and Attorney General Rob Bonta were told an exit announcement was imminent. While TMZ reported that the…
Home sellers may have to ‘take a hit’ as rates rise, real estate experts say
American homeowners expecting peak-market valuations are confronting a changing real estate landscape following the Federal Reserve’s latest interest rate decision. Rising borrowing costs are shrinking the pool of qualified buyers, signaling a potential wave…

