Warren Buffett has no desire for planned streetcars in his hometown of Omaha

Omaha, Neb. — Billionaire investor Warren Buffett broke with his practice of staying out of local politics to urge his hometown of Omaha to abandon its planned streetcar project because, he says, it’s too expensive and not as flexible as buses. Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge … Read more

Business and unions demand Sunak scraps planned bonfire of EU rules

Rishi Sunak is under pressure from a broad alliance of British business, legal, worker and environmental groups to drop controversial plans to automatically strip swaths of EU-derived law from the British statute book by the end of next year. More than a dozen organisations including the Institute of Directors, Trades Union Congress and Chartered Institute … Read more

Morning Digest | Coimbatore blast accused planned suicide attacks, says NIA; Supreme Court to hear Gyanvapi shivling case today, and more

Coimbatore car blast | Accused Jameesha Mubin planned suicide attacks, says NIA The National Investigation Agency on November 10 said Jameesha Mubin, the deceased suspect in the Coimbatore bomb blast case, had planned suicide attacks to cause extensive damage to symbols and monuments of a particular religious faith. Supreme Court to hear Gyanvapi shivling case The … Read more

Planned Parenthood’s first abortion clinic on wheels is a fully operational medical facility

Planned Parenthood announced last month it will open its first mobile abortion clinic: a fully operational medical facility to be parked in southern Illinois. The idea is to make abortion access easier for patients in neighboring states that have banned the procedure.  “Our priority is making sure that the constituents who have been left behind … Read more

Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned

Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimmed its full-year outlook once more and said it expects to cut costs by $3 billion in 2023, including layoffs. Intel INTC, -3.45% shares … Read more

Nvidia Leads Chip Stocks Higher on Meta’s Planned Tech Binge

(Bloomberg) — Buried in a gloomy earnings report from Meta Platforms Inc. was a bit of good news — just not for the Facebook parent company. Most Read from Bloomberg The shares of companies that supply data centers gained after Meta Platforms said it’s planning to spend even more on components next year as it … Read more

Donald Trump planned and directed the whole damn thing — why is anybody still defending him?

The Jan. 6 committee’s final public hearing before the midterm election ended with a bang, not a whimper. At the conclusion of the hearing the committee’s nine members voted unanimously to subpoena former President Donald Trump to testify. After their two-and-a-half hour presentation, it’s hard to imagine how they ever could have contemplated doing otherwise. … Read more

GE files SEC registration for planned healthcare spinoff (NYSE:GE)

jetcityimage/iStock Editorial via Getty Images General Electric (NYSE:GE) said Tuesday it filed a Form 10 registration statement with the Securities and Exchange Commission for the planned spinoff of its Healthcare division, to be called GE HealthCare. The new company will consist of four business segments: imaging, ultrasound, patient care solutions and pharmaceutical diagnostics. The planned … Read more

January 6 was entirely predictable — it was planned in broad daylight

Everyone knows how the day unfolded: Trump’s speech in which he urged “if you don’t fight like Hell, you’re not going to have a country anymore.”  Swarms of incensed rioters at the Capitol, police officers and rioters killed and injured, and so many other details of that day that will remain etched in the memory … Read more