Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.
Category: Mergers, Acquisitions and Divestitures
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One Month into the Trump Presidency
The president has moved swiftly to remake Washington. But for business leaders, that volatility has often been hard to navigate.
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Amazon Gains Creative Control Over the James Bond Franchise
The British family that has for decades held complete control over everything involving the globe-trotting superspy is relinquishing it to Amazon.
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PGA Tour and LIV Golf Look for Merger Deal Under Trump
A tie-up involving the tour and LIV Golf was stalled under President Biden. They’re aiming to forge a new agreement under President Trump.
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HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.
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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $97.4 billion earlier this week.
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Inside the Murdochs’ Succession Drama
More than 3,000 pages of documents reveal how years of betrayals led to a messy court battle that threatens the future of Rupert’s empire.
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Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.
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Behind Elon Musk’s Hostile Bid for Control of OpenAI
The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman.
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
