Warren Buffett’s Berkshire Hathaway is holding onto a stake in struggling food company Kraft Heinz, despite years of underperformance. However, the stage is set for a drastic improvement in the company’s business. New CEO Carlos Abrams-Rivera has outlined a plan to reignite growth, focusing on unique strategies for each product line and ramping up innovation. … Read more
As President-elect Donald Trump prepares for his second term, many Gen X voters are watching how his campaign promises will affect their wallets. They should expect a continuation of policies focused on tax cuts for businesses and individuals, particularly the wealthy. To prepare for the Trump economy, Gen Xers should consider four money moves: 1. … Read more
The Texas Longhorns secured a spot in the College Football Playoff despite losing to Georgia in the SEC Championship game, earning them the No. 5 seed and a first-round matchup against Clemson. The 21-19 overtime loss dropped the Longhorns out of four spots reserved for conference champions but afforded them a bye. The team’s appearance … Read more
Jackson, Miss.—Mayor Chokwe A. Lumumba is pushing back against complaints from residents about the city’s new paid parking system, which has been in place since reinstated months ago. The digital kiosks have generated an estimated $2 million annually for the city, but some residents are concerned that the system is too complex and expensive. Residents, … Read more
Apple is planning to support third-party virtual reality (VR) game controllers on its Apple Vision Pro headset, a move aimed at improving the gaming experience and potentially boosting sales. According to reports, the company has partnered with Sony Group Corp. to make this happen. The partnership will enable the use of popular VR controllers like … Read more
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Federal Reserve officials appear poised to cut interest rates this month, with data showing strong job growth in November despite a slowdown in October. The unemployment rate ticked up to 4.2%, but the labor market remains in good shape. The US added 227,000 jobs last month, rebounding from a hurricane-impacted slowdown in October. However, the … Read more
FCC Chairwoman Jessica Rosenworcel has issued an open letter to US Representative Steny Hoyer, warning of a $3.08 billion shortfall in funding for the Secure and Trusted Communications Networks Reimbursement Program. The program aims to replace insecure wireless equipment from Chinese manufacturers such as Huawei and ZTE. The program is facing a critical funding shortage, … Read more
Brazilian jiu-jitsu practitioner Alexandre Pantoja solidified his position as the UFC flyweight champion by submitting challenger Kai Asakura in the second round of their fight at UFC 310. The victory marked Pantoja’s third successful title defense. Asakura, a Japanese newcomer, showcased impressive speed and striking skills early on, but Pantoja absorbed the blows and countered … Read more
Meta is investing $10 billion in its largest artificial intelligence data center yet, located in northeast Louisiana, as the company expands its operations under Elon Musk’s leadership. The 4 million square foot facility will create 500 operational jobs and 5,000 temporary construction jobs when completed in 2030. Governor Jeff Landry has hailed the project as … Read more