Johny Srouji isn’t leaving Apple, according to Johny Srouji. According to a leaked memo obtained by Bloomberg, Apple’s chip boss has recommitted to staying at the company. Over the weekend, Bloomberg reported that Johny Srouji was “seriously considering” the decision to leave Apple. According to the report, Srouji voiced this to Apple CEO Tim Cook…
Comcast president (and soon-to-be co-CEO) Mike Cavanagh says that his company “did not expect that we had a high likelihood of prevailing” in its bid for Warner Bros. but that “I think we’re better for having taken a look” at the company. Cavanagh made the comments at a UBS conference in New York Monday morning….
OpenAI released new data Monday showing enterprise usage of its AI tools has surged dramatically over the past year, with ChatGPT message volume growing 8x since November 2024 and workers reporting they’re saving up to an hour daily. The findings arrive a week after CEO Sam Altman sent an internal “code red” memo about the…
Wall Street sign in New York with American flag and Christmas tree lights in the background. Mwelsh | Istock | Getty Images Rising stock markets, a return of merger activity and flowing inheritances helped create 287 new billionaires this year, bringing the global total to over 2,900, according to a new report. Billionaire wealth reached…
In this article CFLT IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM announced Monday it is acquiring data streaming platform Confluent in a deal valued at $11 billion. Shares of Confluent soared 29%. IBM’s stock closed little changed. “Data, and especially real-time data, is incredibly important to how an enterprise functions,” IBM CEO Arvind Krishna…
In this article PSKY WBD NFLX Follow your favorite stocksCREATE FREE ACCOUNT Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30 per…
Investors weighing where to deploy $1 million today face a mix of shifting central bank policy and geopolitical risks. However, strategists say the path forward is clearer than it looks: stay invested, stay diversified, and focus on structural themes such as industrial spending and high-quality bonds. If you had $1 million to invest right now,…
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Todd Combs was seen as Warren Buffett’s investment protégé © Andrew H. Walker/Shutterstock Warren Buffett’s investment protégé Todd Combs is to leave Berkshire Hathaway for a new role at JPMorgan Chase, as a new guard prepares to take over at the sprawling $1.1tn conglomerate. Combs is one of two investment managers at Berkshire, reporting to…
ASHWAUBENON, Wisconsin — A Cinnabon worker in Wisconsin has been fired after a racist outburst directed at two customers went viral, the Georgia-based cinnamon roll chain said. Cinnabon posted a statement on social media that the worker, who it did not identify, was “immediately terminated” by the franchise owner over a “disturbing video” of the…
Wall Street’s sentiment toward companies associated with artificial intelligence is shifting, and it’s all about two companies: OpenAI is down, and Alphabet Inc. is up. The maker of ChatGPT is no longer seen as being on the cutting edge of AI technology and is facing questions about its lack of profitability and the need to…
In climate-conscious social circles, cruise ships are always a hot topic for public debate. To many people, these massive sea vessels are the epitome of excess and waste, with little regard for environmental resources or pollution. Yet another issue that arises with cruise ships is the immediate impact on the land and water where they…
HONG KONG (AP) — China’s exports rebounded in November after an unexpected contraction the previous month, pushing its trade surplus past $1 trillion for the first time, according to data released Monday. Exports climbed 5.9% from a year earlier in November while imports rose just under 2%. The customs data released on Monday also showed…
The CEO of JPMorgan Chase has taken the head of Donald Trump’s media company to task for claiming the lender “debanked” the firm under political pressure from the Joe Biden administration. “People have to grow up here, okay, and stop making up things,” Jamie Dimon told Maria Bartiromo on Fox News’ Sunday Morning Futures. “We…
Below the Sky/Shutterstock In the U.S., Diesel has mostly been more expensive than gasoline for nearly twenty years. The price gap came about as new rules for cleaner diesel took effect in 2006, as refineries had to run extra processing, use more energy, and upgrade their equipment in order to achieve the 15 ppm sulfur…
Why Trust BuzzFeed Shopping? BuzzFeed Shopping is service journalism first: our writers and editors spend all day shopping so you don’t have to, vetting products, fact-checking brand claims, and surfacing what actually helps in real life. We center readers over revenue, recommend products with authenticity (using real experiences, not ad-speak), and reflect our diverse audience,…
Morgan Stanley exited the bull camp on Tesla , saying valuation concerns outweigh its optimistic outlook for the electric vehicle maker in a huge potentially market-moving call on Wall Street. Analyst Andrew Percoco downgraded Tesla’s stock to equal weight from overweight. Percoco raised his price target by $15 to $425, but that still reflects downside…
Two years ago, 13-year-old Juliana Peralta took her life inside her Colorado home after her parents say she developed an addiction to a popular AI chatbot platform called Character AI. Parents Cynthia Montoya and Wil Peralta, said they carefully monitored their daughter’s life online and off, but had never heard of the chatbot app. After…
Former reality TV contestant Sean Duffy. Photo by Gage Skidmore This week, the US Environmental Protection Agency proposed a plan to make cars less efficient when Americans are already paying record-high energy bills during an affordability crisis fueled by tariff-driven inflation. That plan is now up for public comment. Since the beginning of this year,…
U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images Treasury Secretary Scott Bessent said on Sunday that it’s been a “very strong” holiday shopping season so…
“Meanwhile, I had called the cops. I was so impressed by the kid’s quick thinking and asked how he came up with the idea. He said that he always keeps an eye out for a way to escape. When he sees someone he doesn’t know approaching, he gets ready to run. I felt awful that…
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The U.S. Department of Transportation is waiving part of a fine assessed against Southwest Airlines after the company canceled thousands of flights during a winter storm in 2022. Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty. The government said at the time that the penalty was…
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Air Transat, one of Canada’s largest airlines, said it will start gradually suspending some flights starting on Monday ahead of a planned strike. The union representing the airline’s pilots issued a 72-hour strike notice on Sunday, announcing that Air Transat pilots will stop showing up to work on Wednesday if a contract agreement is not…
Mrs. Faiga Kaminker, a beloved mother and grandmother from Afula, Israel, passed away on Sunday, 17 Kislev, 5786. Full Story Mrs. Faiga Kaminker, a beloved mother and grandmother from Afula, Israel, passed away on Sunday, 17 Kislev, 5786. She is survived by her husband, Rabbi Efraim Nochum Kaminker, and children, Devorah Leah Rothschild, Mussie Teichman,…
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images The S&P 500 pulled back on Monday as investors awaited the Federal Reserve’s last meeting of the year later this week. The broad market index fell…
JPMorgan Chase CEO Jamie Dimon reiterated a nuanced and overall upbeat view about the effect of artificial intelligence on the economy. In an interview with Fox News’ Sunday Morning Futures, the head of the world’s biggest bank acknowledged businesses have been cautious about hiring lately but said it’s not related to AI and doubted that…
Apple’s senior vice president of hardware technologies Johny Srouji could be the next leading executive to leave the company amid an alarming exodus of leading employees, Bloomberg‘s Mark Gurman reports. Srouji apparently recently told CEO Tim Cook that he is “seriously considering leaving” in the near future. He intends to join another company if he…
A 73-year-old woman accused of defrauding the Banc of California of about $14.7 million nearly a decade ago remains wanted by the FBI. Mary Carole McDonnell is suspected of multiple fraud schemes beginning in July of 2017 that continued until at least May of 2018 throughout Orange and L.A. counties, federal officials said Saturday. Investigators…
Logan K. Carter/ Jalopnik Subaru is known for producing safe and reliable all-terrain-capable crossovers that retain a car-like on-road driving experience. From the Crosstrek subcompact to the compact Forester and Outback midsizer, Subaru has a popular line of practical and rugged gas-powered cars. As for its sole electric car, the Solterra, Subaru hasn’t really made waves, but the…
(Bloomberg) — The bond market’s reaction to the Federal Reserve’s interest-rate cuts has been highly unusual. By some measures, a disconnect like this, with Treasury yields climbing as the central bank lowers rates, hasn’t been seen since the 1990s. What the divergence indicates is a matter of heated debate. Opinions are all over the place,…