Check out Warren Buffett converse at Berkshire Hathaway’s once-a-year meetingBerkshire Hathaway CEO Warren Buffett and Vice Chairman Charlie Munger response shareholder queries reside from Omaha, Nebraska.
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Bessent says global 15% tariff starts this week, predicts Trump duties will return to old levels later this year
President Donald Trump’s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday. Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties […]
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Xiaomi trials humanoid robots in its EV factory — says they’re like ‘interns’
People look at Xiaomi’s humanoid robot ‘CyberOne’ during 2023 World Robot Conference at Beijing Etrong International Exhibition & Convention Center on August 18, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Xiaomi trialed its humanoid robots in its electric vehicle production plants, the company’s president told CNBC, as it looks to […]
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Sportswear giant Adidas drops 8% after profit guidance disappoints
The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2, 2024. Lisi Niesner | Reuters Shares of Adidas fell as much as 8% on Wednesday after providing a disappointing 2026 outlook, as it grapples with unfavorable currency swings and a hit from U.S. tariffs. The […]
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