Shares of UnitedHealth Group are surging before the market open Friday as Warren Buffett’s Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer. Berkshire Hathaway bought around 5 million shares of UnitedHealth last quarter, according to a regulatory filing. The stake was valued at about $1.57 billion. Buffett plans to retire as…
NEW YORK (AP) — A public document filed by a company that just hired President Donald Trump’s two oldest sons as advisers included a sentence early Monday that said it hoped to benefit from grants and other incentives from the federal government, which their father happens to lead. But when The Associated Press asked the…
TOKYO (AP) — Japan’s far-right populist Sanseito party was one of the biggest winners in the weekend’s upper house election, attracting many voters with its “Japanese First” platform that included calling for tougher restrictions on foreigners and the curtailment of gender equality and diversity policies. Sanseito added 14 seats in Sunday’s vote to the one…
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WASHINGTON (AP) — Barack Obama had the Affordable Care Act. Joe Biden had the Inflation Reduction Act. President Donald Trump will have the tax cuts. All were hailed in the moment and became ripe political targets in campaigns that followed. In Trump’s case, the tax cuts may almost become lost in the debates over other…
NEW YORK (AP) — U.S. stocks are climbing further into record heights on Thursday after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 was up 0.8% in midday trading and on track to set an all-time high for the fourth time in five days. The Dow Jones…
WASHINGTON (AP) — At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. Now it’s up to Congress to decide whether President Donald Trump’s signature’s domestic policy package will become law. Trump told Republicans, who hold majority power in…
WASHINGTON (AP) — President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned…
TEHRAN, Iran (AP) — China, Iran and Russia conducted joint naval drills Tuesday in the Middle East, offering a show of force in a region still uneasy over Tehran’s rapidly expanding nuclear program and as Yemen’s Houthi rebels threaten new attacks on ships. The joint drills, called the Maritime Security Belt 2025, took place in…
WASHINGTON (AP) — With Elon Musk facing escalating political blowback and financial troubles, President Donald Trump said he would buy a Tesla vehicle from his company, an unusual show of support from the president to his most powerful adviser. It was the latest example of how Trump has demonstrated loyalty to Musk, who spent heavily…