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If you handed most people nearly $400 billion, they’d find plenty of silly ways to squander it. Warren Buffett isn’t most people.The legendary investor — known for his patience, discipline, and love of a bargain — said last year that he would happily put $100 billion to work if the right opportunity arose. But he resisted any urge to go on a last-ditch spending spree in his final quarter as Berkshire Hathaway CEO.The message to shareholders from Berkshire’s fourth-quarter earnings report, released Saturday, is that Buffett once again struggled to find much worth buying.That’s been the situation for years now…
Sex trafficking victims of Jeffrey Epstein scored a mixed victory in court on Thursday after a federal judge tossed one of their lawsuits against a bank — but greenlit part of another case against a different bank.US District Judge Jed Rakoff allowed portions of a proposed class-action lawsuit filed by victims against Bank of America to move forward, but dismissed other parts of the case.Rakoff dismissed the entirety of a similar lawsuit the victims had filed against another bank, BNY.The Epstein victims had accused Bank of America of ignoring red flags for Epstein’s sex-trafficking operation. Their lawsuit said the bank…
AI isn’t just reshaping the role of software engineers — it’s also making them more skilled.That’s according to Avishai Abrahami, the CEO and cofounder of website management company Wix. He told Business Insider that the technology equips developers with “superpowers” and that the value of smart, talented engineers will be “dramatically enhanced” with AI tools.”What would take you a month, you can do in a few hours,” Abrahami said, adding that not every task can be reduced in this way, but most can.What entry-level candidates needA Google Cloud report released in September found that AI adoption had surged to 90%…
This as-told-to essay is based on a conversation with Kaitlin Landolfa, 25, an American who moved full-time to Florence, Italy, in 2022 after studying abroad there. She now works as an English teacher at an Italian school. The conversation has been edited for length and clarity.At Florida State University, the study abroad programs give you the opportunity to go to Valencia, London, or Florence. Originally, I was supposed to study abroad my freshman year summer in Valencia, Spain, but I didn’t get the money together in time, so I ended up not going.Then I completely changed ideas and said, “Nope,…
For many, job interviews can be a nerve-racking experience. Even with proper preparation, it’s common to struggle with this important step in the hiring process.To help you avoid common mistakes, Business Insider asked business-etiquette expert Jacqueline Whitmore about the things candidates should avoid doing during an interview. Here’s what she said.Not coming prepared for the interviewWhitmore told BI that a simple but common mistake candidates make is arriving to the interview unprepared.”Most people don’t do the proper research about the company. We have so many resources to use, including LinkedIn, websites, and social media,” she said. “There’s no excuse for…
2026-03-05T17:27:03.819Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app Loading audio narration… This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Last year, Paramount said it would use $24 billion in funding from Saudi Arabia, Abu Dhabi, and Qatar to help buy WBD. Now that Paramount has won that deal, it won’t say whether that’s still the plan. A key Paramount backer suggests that Gulf money would…
Paramount Skydance outbid Netflix for Warner Bros. Discovery, but the Hollywood-shaking agreement isn’t a done deal.WBD had planned to sell its studio and streaming assets to Netflix. Paramount wouldn’t give up its pursuit of WBD, including its cable networks, however. After 10 offers, WBD’s board finally said Paramount’s latest bid was better, and Netflix decided to bow out.Still, Paramount and its CEO, David Ellison, need regulatory approval in the US and abroad, which WBD CEO David Zaslav told employees could take six to 18 months, Business Insider reported.In the meantime, everyone from actors to zealous fans of TV and movies has questions about…
There’s a new force that could push up inflation in the US once again: The Iran war. Loading audio narration… Oil prices passed $100 a barrel on Sunday after the effective closure of the Strait of Hormuz cut off crude shipments from the Persian Gulf. While prices dropped to around $85 a barrel on Tuesday after President Donald Trump signaled that he thought the war could soon end, ongoing volatility across markets indicates that fears of inflation are still high.Wall Street strategists have raised concerns about the impact on the broader US economy if oil prices stay elevated for too…
As artificial intelligence tools become embedded in everyday work, consultants are starting to worry about a cognitive side effect: People relying on them so heavily that their own thinking begins to splinter.Julie Bedard, a managing director at Boston Consulting Group and a coauthor of a recent study on the topic, said on the tech podcast Hard Fork on Friday that she’s “quite pessimistic” that humans will overcome the AI-induced phenomenon she called “brain fry” anytime soon.Bedard and her colleagues explored the phenomenon in a study published earlier this month in the Harvard Business Review, which surveyed 1,488 full-time US workers…
Larry and David Ellison are getting another shot to buy Warner Bros. Discovery.The media conglomerate announced Tuesday that it will let the Ellisons make another bid for the company over the next week, with two key stipulations: Their offer has to be more than $31 for each share of WBD, and it will be the last time the Ellisons get to make a formal pitch to the WBD board.WBD’s announcement reopens a deal that was theoretically closed last December, when it agreed to sell most of itself to Netflix in an $83 billion transaction.Since then, the Ellisons, who bought Paramount…