Samuel Nwite
AUTHOR: Samuel Nwite
Berkshire Hathaway Strikes $9.7bn Deal for OxyChem, Extending Buffett’s Energy and Chemicals Play
Warren Buffett’s Berkshire Hathaway on Thursday announced a $9.7 billion cash deal to buy Occidental Petroleum’s petrochemical subsidiary, OxyChem, marking its largest acquisition since...
Yale Researchers Find No Evidence AI Is Disrupting Jobs Despite Mounting Fears
For nearly three years, the launch of ChatGPT and the rise of generative artificial intelligence have fueled widespread warnings that the technology would hollow...
Yahoo Reportedly in Talks to Sell AOL to Italy’s Bending Spoons for $1.4 Billion
Yahoo is in advanced talks to sell AOL to Italian technology company Bending Spoons for about $1.4 billion, four people familiar with the matter...
Shein’s First Permanent Stores in France Spark Retail Backlash, Highlighting Europe’s Uneven Fast-Fashion Battle
Chinese online fast-fashion giant Shein will open its first permanent stores in France this November under an agreement with department store operator Société des...
Tesla’s Quarterly Sales Rise on Expiring U.S. Tax Credit, but Global Struggles Remain
Tesla’s quarterly sales increased for the first time this year, buoyed by a last-minute rush from U.S. consumers eager to claim a $7,500 federal...