Warren Buffett announced Friday he will step down as chair of Berkshire Hathaway, the company he has led for more than 60 years. The billionaire investor, who recently turned 96, will remain on the company’s board as chair emeritus. He named his son, Howard Buffett, as the next chair, effective immediately. In a letter to...
Fears over artificial intelligence's rapid development sent Congress into a tailspin this week, as dozens of lawmakers joined the debate on how to regulate the technology. The frenzy in Washington has included policymakers who have long engaged on the subject and those seizing on the mounting concerns for the first time. In the wake of...
Editor's note: This report has been updated to correct the name of the journalist who questioned Maryland Gov. Wes Moore. Maryland Gov. Wes Moore (D) said Thursday he would "absolutely sign" a statewide data center moratorium if brought to his desk, joining other governors and elected officials calling for a freeze on developing new data...
Sens. Rick Scott (R-Fla.) and Tammy Baldwin (D-Wis.) sent a letter Thursday to Federal Trade Commission (FTC) Chair Andrew Ferguson and FTC Commissioner Mark Meador surrounding alleged anticompetitive practices by Walmart and Amazon regarding “Made in the USA” products. “We write to request that the Federal Trade Commission ... investigate alleged anticompetitive practices by Amazon...
Sens. Rick Scott (R-Fla.) and Tammy Baldwin (D-Wis.) sent a letter Thursday to Federal Trade Commission (FTC) Chair Andrew Ferguson and FTC Commissioner Mark Meador surrounding alleged anticompetitive practices by Walmart and Amazon regarding “Made in the USA” products. “We write to request that the Federal Trade Commission ... investigate alleged anticompetitive practices by Amazon...
A cryptocurrency regulation bill appears to have little momentum left in the Senate after it came up short in a floor vote Tuesday, with the industry now turning its attention to Trump administration regulators to set the rules of the road. The Clarity Act failed to secure enough support to clear a procedural hurdle Tuesday...
A cryptocurrency regulation bill appears to have little momentum left in the Senate after it came up short in a floor vote Tuesday, with the industry now turning its attention to Trump administration regulators to set the rules of the road. The Clarity Act failed to secure enough support to clear a procedural hurdle Tuesday...
New Mexico gubernatorial candidate Deb Haaland (D) on Thursday backed a moratorium on the construction of data centers in her state, citing environmental and workforce-related concerns. In a policy framework on her website, Haaland backed “open, transparent, and meaningful” conversations within communities about the impacts of AI data centers. She also called for requiring data...
New Mexico gubernatorial candidate Deb Haaland (D) on Thursday backed a moratorium on the construction of data centers in her state, citing environmental and workforce-related concerns. In a policy framework on her website, Haaland backed “open, transparent, and meaningful” conversations within communities about the impacts of AI data centers. She also called for requiring data...
Michigan Senate candidate Mike Rogers called for the suspension of state and federal gas taxes on Thursday to provide relief to working families facing high pump prices.