Business news
- Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million - Abel took the helm of Berkshire Hathaway on Jan. 1, succeeding legendary investor Warren Buffett.
- Trump says Venezuela to give up to 50 million barrels of oil to U.S. - Trump's announcement came days after U.S. forces attacked Venezuela and captured its leader, Nicolas Maduro, to be prosecuted on drug-trafficking charges.
- Trump weighs using U.S. military to acquire Greenland: White House - President Donald Trump is considering "a range of options" in order to acquire Greenland, including "utilizing the U.S. Military," the White House said.
- Elon Musk's xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity - Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 billion.
- Venezuela bonds are the hottest trade on Wall Street this week. But there are big risks from here - Investors are betting that a political transition along with a clearer path to asset recovery could unlock value that has been frozen for nearly a decade.
- AMD's Lisa Su says AI isn't replacing people, but is changing who they hire - AMD CEO Lisa Su said AI has not slowed the pace of hiring at the company.
- Republican Rep. Doug LaMalfa dies at 65, GOP says - LaMalfa's death is a critical shift in the balance of power in the U.S. House of Representatives, tightening Republicans' razor-thin majority.
- Meta delays Ray-Ban Display glasses global rollout due to inventory limits, U.S. demand - Meta CEO Mark Zuckerberg unveiled the $799 smart glasses in September.
- Ford reports best annual U.S. vehicle sales since 2019 - Ford reported sales of 2.2 million vehicles in 2025, including a 2.7% uptick to more than 545,200 units during the fourth quarter.
- 'Greenland belongs to its people': European leaders unite over Trump’s threats to annex territory - European leaders on Tuesday issued a joint statement to push back against U.S. President Donald Trump's renewed interest in Greenland.