Warren Buffett’s conglomerate Berkshire Hathaway made significant investments during a recent market downturn, purchasing shares of Occidental Petroleum, Sirius XM, and VeriSign. The Omaha-based company bought 8.9 million Occidental shares for $405 million, while acquiring 5 million Sirius XM shares for around $113 million and 234,000 VeriSign shares for roughly $45 million. These moves, worth … Read more
Two robotic explorers are set to land on the Moon, marking a new era in lunar exploration. Firefly Aerospace’s Blue Ghost lander and ispace’s Resilience lander will journey to the Moon aboard SpaceX’s Falcon 9 rocket, launching during a six-day window in mid-January. The pair of landers will target different lunar regions: Blue Ghost will … Read more
Russian President Vladimir Putin has urged the central bank to make a “balanced” decision on its key interest rate when it meets on Friday, amid concerns over an overheating economy and high inflation. The regulator is expected to hike its key interest rate by 200 basis points to 23%, the highest level in over 20 … Read more
Amazon employees have begun a nationwide strike, with thousands of workers participating in the action. The strike, which started on [insert date], is part of a broader labor dispute aimed at improving working conditions and wages for Amazon’s workforce. The strike comes just days before Christmas, as many workers are set to enjoy festive leave. … Read more
The US Food and Drug Administration (FDA) has finalized an updated “healthy” nutrient content claim to help consumers identify foods that are useful as the foundation of a healthy diet. The updated criteria are aligned with current nutrition science, the Dietary Guidelines for Americans, and the new Nutrition Facts label, which requires the declaration of … Read more
The Iowa Department of Health and Human Services has confirmed its first human case of bird flu in the state. The individual was exposed to poultry with the virus while working on a commercial flock in northwest Iowa, but is recovering after receiving treatment for mild symptoms. Iowa has been monitoring avian influenza closely since … Read more
NASA’s Parker Solar Probe is set to become the closest human-made object has ever gotten to the sun, passing within 3.86 million miles of its surface on December 24. The probe, launched in August 2018, has been gradually orbiting closer to the sun since then. Engineered to study the corona, the outermost layer of the … Read more
Google is reportedly planning to introduce an AI Mode option on its search page, allowing users to interact with a conversational chatbot that provides answers in a more engaging and human-like way. According to The Information, the feature will be accessible via a tab near the top of the search results page, alongside existing tabs … Read more
The US economy’s “mother of all bubbles” may be about to pop, according to an expert who warns that America’s exceptionalism is a facade. Chair of Rockefeller International, the author, argues that the country’s large share of global financial markets is unsustainable and will deflate if not addressed. Analysts predict that US stocks will continue … Read more
A major clinical trial suggests that vagus nerve stimulation may relieve severe depression in people who have not responded to other treatments. The study, led by Washington University School of Medicine in St. Louis, involved nearly 500 participants who were implanted with devices that stimulate the left vagus nerve. While the primary assessment tool showed … Read more