World
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
Delivery men unload a truck at night in Shinjuku, Tokyo. Stanislav Kogiku | SOPA Images | LightRocket | Getty Images Japan is planning to build an automated cargo transport corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers. The amount of funding […]
Read More
U.S. flies long-range bomber in drill with South Korea, Japan in reaction to the North’s missile test
The United States flew a long-range bomber in a trilateral drill with South Korea and Japan on Sunday in response to North Korea’s recent test-firing of a new intercontinental ballistic missile designed to strike the U.S. mainland, South Korea’s military said. North Korea on Thursday tested the newly developed Hwasong-19 ICBM, which flew higher and stayed in the air […]
Read More
Australia to slash $10 billion off student debt amid cost of living pressures
A file photo from April 6, 2016 of the University of Sydney campus. Brendon Thorne | Getty Images News | Getty Images Australian Prime Minister Anthony Albanese said on Sunday that his government planned to cut student loans for around three million Australians by 20%, wiping off around 16 billion Australian dollars ($10 billion) in […]
Read More
China’s Premier Li Qiang to speak at import expo in Shanghai
Li Qiang, China’s premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Bloomberg | Bloomberg | Getty Images China’s Premier Li Qiang will deliver remarks at the opening ceremony of this week’s China International Import Expo, the Chinese commerce ministry said on Sunday, […]
Read More
The race to sustainability: Inside Formula One’s biggest challenge yet
Can Formula 1 ever be green? CNBC’s “Inside Track: The Business of Formula One” takes you inside F1’s race to sustainability, the sport’s biggest challenge yet. Formula One is a global sport with a hefty carbon footprint. “When you think about F1, you think about speed, you think about innovation, you think about efficiency,” Ellen […]
Read More
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C. Blythe Andrews, Jr. Public Library in Tampa, Florida, U.S., November 1, 2024. Octavio Jones | Reuters Executives at America’s largest companies are talking publicly with investors about the presidential election more so than in recent […]
Read More
Warren Buffett is selling down his stocks. Here are his top 5 holdings
Warren Buffett turned heads as he dumped another big portion of his Apple stake, and here’s where his top holdings stood at the end of the third quarter. Berkshire Hathaway disclosed in its earnings report that approximately 70% of its equity portfolio was concentrated in just five stocks — Apple, Bank of America , Coca-Cola […]
Read More
Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and held back from repurchasing shares. The Omaha-based conglomerate saw its […]
Read More
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett sold another big chuck of his Apple stake, downsizing Berkshire Hathaway‘s biggest equity holding for four quarters in a row. The Omaha-based conglomerate held $69.9 billion worth of Apple shares at the end of September, […]
Read More
UK’s Conservatives name Kemi Badenoch as new leader, shifting the party further to the right
Conservative leadership contender Kemi Badenoch delivers a speech on the final day of Conservative party conference at Birmingham ICC Arena on October 2, 2024 in Birmingham, England. Dan Kitwood | Getty Images News | Getty Images LONDON — The U.K.’s opposition Conservative Party on Saturday named right-wing Kemi Badenoch as its new leader, closing a […]
Read More