business news

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to…

UK’s Starmer, Germany’s Scholz seek to strengthen ties in post-Brexit reset

U.K. Prime Minister Keir Starmer and German Chancellor Olaf Scholz met in Berlin on Wednesday with a view to deepen…

U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up

BEIJING — U.S. government researchers recently visited a South Korean mine to assess progress towards boosting supply of a critical…

JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng

Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index…

Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with…

Wisconsin denies RFK Jr. request to be removed from ballot after endorsing Trump

The Wisconsin Elections Commission on Tuesday voted to keep Robert F. Kennedy Jr. on the state’s November presidential ballot, thwarting…

California officials get aggressive on homelessness after Supreme Court ruling

Across California,  homeless encampments on city streets, in public parks and beneath highways have become among the most visible symbols…

Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton

Former President Donald Trump’s economic proposals would increase federal deficits by $5.8 trillion over the next decade, almost five times…