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Warren Buffett promotes 2 potential Berkshire successors

Warren Buffett promotes 2 potential Berkshire successors

Abel and Jain join board as conglomerate looks to next generation

Published 1 second ago

Trump Attacks ‘Broken’ Court After Ruling Blocking End to ‘Dreamers’ Program

Trump Attacks ‘Broken’ Court After Ruling Blocking End to ‘Dreamers’ Program

President Donald Trump lashed out at the federal courts Wednesday morning over an injunction temporarily barring the cancellation of an Obama-era program that shielded hundreds of thousands of young undocumented immigrants from deportation.

Published 5 months ago

Bigger Companies Once Meant Bigger Pay; No More

Bigger Companies Once Meant Bigger Pay; No More

The significant pay premium that Americans used to receive for working at large companies has shrunk rapidly in recent decades, especially for lower-wage workers, a new study finds.

Published 5 months ago

Fed’s New Chief Will Confront an Old Problem: An Incipient Asset Bubble

Fed’s New Chief Will Confront an Old Problem: An Incipient Asset Bubble

With stock and property prices once again setting records, the Federal Reserve and Jerome Powell may face some agonizing trade-offs in the next year or two.

Published 5 months ago

Oil rally takes Brent crude closer to 3-year high

Oil rally takes Brent crude closer to 3-year high

Opec output cuts, falling stockpiles and geopolitics override shale concern

Published 1 second ago

IRS Needs Funding for GOP Tax Overhaul, Report Says

IRS Needs Funding for GOP Tax Overhaul, Report Says

The Internal Revenue Service, after years of budget cuts, will have its hands full implementing the new tax law, according to the agency’s in-house public advocate.

Published 5 months ago

‘Fiduciary Rule’ Poised for Second Life Under Trump Administration

‘Fiduciary Rule’ Poised for Second Life Under Trump Administration

The Trump administration’s threat to dismantle Obama-era rules that cracked down on conflicted advice from stock brokers won’t mean no rules at all. Instead, they could emerge from a different regulator who Wall Street knows a little better.

Published 5 months ago

China Quietly Orders Closing of Bitcoin Mining Operations

China Quietly Orders Closing of Bitcoin Mining Operations

Chinese authorities ordered the closing of operations that create a large share of the world’s supply of bitcoin, tightening a clampdown that has already shuttered exchanges for the trading of cryptocurrencies in China.

Published 5 months ago

The Best and Worst Airlines of 2017

The Best and Worst Airlines of 2017

Delta dethrones Alaska in the Journal’s annual analysis of U.S. carriers, while American climbs out of the cellar.

Published 5 months ago

Buffett’s Berkshire Hathaway Furthers Succession Plan

Buffett’s Berkshire Hathaway Furthers Succession Plan

Warren Buffett has elevated two longtime Berkshire Hathaway executives, Gregory Abel and Ajit Jain, to vice chairman roles at the company, all but confirming years of speculation that one of them is in line to replace him.

Published 5 months ago

Senate Democratic Report Alleges Russia Seeks to Undermine West

Senate Democratic Report Alleges Russia Seeks to Undermine West

Senate Democrats in a 200-page report accused Russia of a broad effort to undermine democratic institutions in Europe and North America, and urged the U.S. and its allies to develop a strategy to defend against threats like cyberhacking and disinformation.

Published 5 months ago

Global Stock Rally Falters After a Strong Start to 2018

Global Stock Rally Falters After a Strong Start to 2018

European stocks moved lower, echoing negative trading in the Asia-Pacific region, as investors sold off after an upbeat start to 2018 for global equities.

Published 5 months ago

Murdoch looks to add 10 Sinclair stations to Fox

Murdoch looks to add 10 Sinclair stations to Fox

Local channels would boost US portfolio after planned asset sale to Disney

Published 1 second ago

Trump’s ‘war’ on California prompts state to fight back

Trump’s ‘war’ on California prompts state to fight back

On tax, net neutrality, cannabis and more, the biggest US state is asserting its rights

Published 1 second ago