Abel: Two ways Berkshire hopes to cash in on AI
BECKY QUICK: Welcome back, everybody. Berkshire Hathaway first invested in Japan’s five main «trading houses» just over six years ago, and it consistently increased its position. Berkshire now owns more than 10 percent of each of the top five. …
With HSAs, employers are turning to the 401(k) playbook
Momo Productions | Digitalvision | Getty Images Employers are increasingly turning to the 401(k) playbook to boost their workers’ uptake of health savings accounts. HSAs are tax-advantaged accounts that carry powerful financial benefits relative to…
THC drinks affected as Congress delays hemp ban
THC beverages for sale at Urban Flower, a CBD and THC dispensary in Houston, Texas, Oct. 28, 2022. Elizabeth Conley | Houston Chronicle | Hearst Newspapers | Getty Images Erica Fabian says THC-infused drinks have become an alcohol alternative that have…
Why Nvidia’s Hugging Face deal is about much more than chips
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Yesterday, Nvidia confirmed what we all already knew. The company is planning to acquire Hugging Face, a New York-based startup which has…
Lululemon (LULU) Q2 2026 earnings
Shoppers walk past a Lululemon store at a shopping mall on June 21, 2026, in Hong Kong, China. Cheng Xin | Getty Images Shares of Lululemon plunged 20% in premarket trading Friday after the retailer reported another quarter of disappointing results and…
Private security spending rises as violent crime falls
The trendy Hillcrest neighborhood of San Diego, California, was the backdrop for violent acts and hate crimes. Business owners had enough. The Hillcrest Business Association‘s members in 2024 began paying a third-party service around $400,000…
Bitcoin heads for third winning week in a row as macro pressures mount
Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets. The token is also up 4.6% week to date and hit a high of $82,272.31 overnight. That marks its highest level…
Three reasons the EU chief’s Greenland trip matters as Trump pushes in
European Commission President Ursula von der Leyen attends a press conference on the day of the European Union leaders’ summit in Brussels, Belgium Oct. 23, 2025. Yves Herman | Reuters European Commission President Ursula von der Leyen will travel…
Diesel hits record high as Ukraine, Iran wars knock out refineries
The price of diesel fuel hit a record Friday as the wars in Ukraine and Iran knock out refineries, triggering a global supply crunch. Truckers in the U.S. are paying an average of $5.85 a gallon nationwide, a nearly 60% increase over the same period last…
Labor Day kicks off fall travel surge as wealthy avoid crowds
The cliffside village of Atrani at sunset along the Amalfi Coast, Campania, southern Italy. © Marco Bottigelli | Moment | Getty Images Fall is the new peak season for luxury travel, as the wealthy continue to shift their holidays to September and October…