Breaking News: Business

The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says

The drought in the IPO market could be near an end, according to a big investor overseeing more than $70…

Warren Buffett, who turns 93, is at the top of his game as he pushes Berkshire Hathaway to new heights

Warren Buffett took control of Berkshire Hathaway in 1965, and nearly six decades later as the “Oracle of Omaha” turned…

Covid fraud: Street gang in Milwaukee allegedly stole millions to pay for murder, guns and drugs

A street gang in Milwaukee allegedly stole millions of dollars in Covid-19 pandemic relief money that was then used to…

Electric utilities face billions in wildfire liability with aging power lines risking another catastrophe

Electric companies in the western U.S. are facing mounting lawsuits alleging that their failure to prepare for extreme weather has…

Hawaiian Electric points finger at Maui County over devastating wildfires, stock jumps 40%

Hawaiian Electric is pushing back against a lawsuit filed by Maui County last week blaming the utility for triggering the…

Hawaii calls for tourists to visit Maui as unemployment claims surge after deadly wildfires

Officials in Hawaii are encouraging tourists to visit Maui to help support the economy as unemployment claims surge on the…

Hawaii wildfires: Maui names 388 people who are still missing weeks after deadly blaze

Maui police and the FBI have named 388 people who are still missing nearly three weeks after the deadly wildfires…

More than 300 people charged in Covid fraud sweep targeting $830 million in stolen money, DOJ says

Federal law enforcement authorities charged hundreds of people in a nationwide sweep targeting more than $830 million in Covid-19 fraud,…

Hawaii wildfires: More than 1,000 people reported missing in Maui weeks after blaze

Law enforcement officials in Maui are racing to locate more than 1,000 people who are reported as missing, two weeks…

Hawaii wildfires caused up to $6 billion in economic losses, Moody’s estimates

The catastrophic wildfires in Maui, Hawaii, have caused between $4 billion and $6 billion in economic losses, according to an…