Berkshire Hathaway shares fell on Friday, a day after CEO Warren Buffett left following a 60-year run. The 95-year-old officially stepped down on Thursday, and successor Greg Abel, who started at Berkshire in 2000 and served as vice chairman of its board of directors, took over on Friday.In afternoon trading…

Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The Detroit automaker announced the move on Monday and explained it will take a $19.5 billion charge on its EV assets and product roadmap. The change…

Cracker Barrel is taking heat from loyal diners who say food quality has slipped – from chilled biscuits to reheated sides – deepening frustration that accelerated after the company scrapped its old logo and removed the iconic Uncle Herschel before reversing course, leaving many convinced the real decline is on…

The Coca-Cola Company announced Wednesday that Henrique Braun will become its next CEO, effective March 31, 2026. Braun, the company’s executive vice president and chief operating officer, will succeed longtime CEO James Quincey, who will transition to executive chairman after nine years leading the beverage giant, according to an announcement…

Elon Musk’s Tesla took a hit from “Big Short” investor Michael Burry, who claimed the electric vehicle maker is “ridiculously overvalued” just days after voicing concern about the market’s AI boom. “Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry wrote in his…

Goldman Sachs said on Monday it will buy active exchange-traded fund sponsor Innovator Capital Management in a cash-and-stock deal worth about $2 billion, as the Wall Street bank seeks to expand in one of the fastest-growing asset management segments. Active funds have regained lost ground in the last few years…

Investors traditionally target emerging markets for higher growth opportunities, and China falls into that bucket. However, investing in China has always carried risks as the country remains clouded in secrecy, plagued with human rights issues and less transparent with capital markets.Now, with President Donald Trump in the White House, the…

Nvidia CEO Jensen Huang is urging the U.S. and China to improve trade relations, arguing that access to the Chinese market is essential for American competitiveness in artificial intelligence (AI). In an interview that aired Thursday on FOX Business Network’s “The Claman Countdown,” Huang said the U.S. must regain access…

Bitcoin continued its freefall on Friday to end a volatile week, settling into a bear market.  The largest cryptocurrency by market value is down over 20% from its all-time high of $126,272 reached in October and breaking key technical levels by falling below $100,000, as noted by investor Louis Navellier,…

Disney’s ongoing carriage dispute with YouTube TV is costing the entertainment giant tens of millions of dollars per week, according to an analysis by a Wall Street leader. YouTube TV customers have lost access to ABC and ESPN amid the dispute with Disney, the parent company of those media brands, with the…