OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway is buying the rest of its utility unit from the estate of a longtime board member who died three years ago, but it’s not clear exactly how much it will pay for that 8% stake in the massive utility business. Berkshire Hathaway Energy said in a regulatory filing … Read more
NEW YORK — The 2024 class of the John D. and Catherine T. MacArthur Foundation fellows includes more writers, artists and storytellers than in years past, though the so-called “genius grants” list also includes multiple scientists. The interdisciplinary awards announced Tuesday come with a $800,000 grant over five years that the 22 recipients — including … Read more
NEW YORK — The holidays are the busiest time of year for many small retailers and other businesses. But the holidays this year could be particularly challenging. Although inflation has retreated, small businesses are still dealing with high costs and consumers have been tightening the purse strings, too. And a longshoreman strike that kicked off … Read more
Beachbody will slash a third of its workforce and overhaul its business model as part of a restructuring that seeks to cut tens of millions of dollars. The Southern California-based fitness and nutrition company announced on Monday that it would transition from its direct sales multi-level marketing structure to a single-level affiliate program that is … Read more
PARIS — In his inaugural address to parliament, the new French Prime Minister Michel Barnier warned Tuesday that “colossal” and spiraling debts are a “sword of Damocles” hanging over the finances of the European Union’s second-largest economy and announced belt-tightening and more taxes to reverse the trend. Tuesday’s opening of parliament and Barnier’s address kicked … Read more
WICHITA, Kan. — Mail delivery has been suspended in a neighborhood in Kansas after two men assaulted a postal carrier who used pepper spray to stop large dogs from chasing him. Residents of the 41 affected addresses in Wichita now have to pick up their mail at the nearest post office, said Paul Shade, a … Read more
Filmmaker Chris Sanders had finally cracked “The Wild Robot.” Peter Brown’s middle-grade book, about an intelligent robot living in the wilderness, had been sitting on the shelf at DreamWorks Animation for a bit. No one had quite figured it out. Then Sanders, the man behind beloved animated features from “Lilo & Stitch” to “How to … Read more
Crack open a can of Shirley Temple and get ready for the holidays — courtesy of 7UP. “We are thrilled to confirm that 7UP Shirley Temple is on the way,” Andrew Springate, chief marketing officer at Keurig Dr Pepper, said about the recently rumored addition to the soda brand’s lineup. “A festive addition to the … Read more
The U.S. dockworkers who went on strike early Tuesday are just the latest unionized group to back their demands for better contracts by walking off the job to illustrate their value to both the national economy, and their employers’ bottom line. Unions representing auto workers, actors, hotel housekeepers and aircraft assembly workers all called strikes … Read more
Tom Brady. Mike Ehrmann | Getty Images Sport | Getty Images Legendary quarterback Tom Brady is putting his valuable watch collection up for sale. The seven-time Super Bowl champion’s collection will be available this December through auction house Sotheby’s as part of “The GOAT Collection: Watches and Treasures from Tom Brady.” The watches range in … Read more