Japan, U.S. advance $550 billion investment pact with AI, chips in focus

A strong earnings report reveals that new CEO Greg Abel dipped into Warren Buffett’s $380 billion cash reserve to buy back stock, boost Berkshire’s stake in Alphabet, and pursue one of its biggest acquisitions in years. One weak spot: GEICO.

EU Deploys Firefighting Teams and Aircraft to Combat Serbia Wildfires International Response to Serbia’s Wildfire Crisis BELGRADE, Aug 22 (Reuters) – The European Union’s Civil Protection Mechanism sent helicopters and firefighters to help Serbia fight a massive wildfire in a nature reserve in the northeast of the country, the head of the EU mission to…

Key insight: Federal Reserve Chair Kevin Warsh hailed rising market interest rates between Federal Open Market Committee meetings as a positive development.  Expert quote: “Market participants are learning to play the ball, not the referee, and market prices will continue to respond in the direction and magnitude they see fit. This is, in my view,…

University of Louisville athletic director Josh Heird says there is no “silver bullet” that will help his department’s current revenue race. To compete in the increasingly commercialized world of college sports, programs of its size might spend more than $40 million a year on talent acquisition, revenue sharing and other costs, according to experts. But…

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