Nithya Raman to take charge in LA amid homeless crisis and political division

Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined

OMAHA, Neb. (AP) — Berkshire Hathaway repurchased $9.6 billion worth of its own shares in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments changed. But the buybacks likely came to a halt recently as Berkshire’s Class A stock price surged past $878,000 and […]

From high-flying AI stocks to tariff-hit alcohol companies, the midterms shook up Wall Street

NEW YORK (AP) — The overwhelming victory by the Democrats in the midterm elections shook up Wall Street this week. The biggest tremors were felt in shares of companies tied to the boom in artificial intelligence on concerns that a Democratic Congress will put the brakes on further development of data centers. Defense and oil […]

House Democrats will start their majority focused on boosting healthcare and ending the Iran war

WASHINGTON (AP) — House Democratic leaders are placing an early emphasis on healthcare as they discuss their immediate priorities upon the swearing-in of the new Congress on Jan. 3. Early votes in the House next year are expected to focus on boosting Medicaid and restoring an enhanced tax subsidy that is designed to lower the […]

Young voters overwhelmingly backed Democrats this year. The question is whether they'll stay

WASHINGTON (AP) — Andy Soma, 24, doesn’t identify with either political party, and he’s been skipping elections since he became old enough to vote. But this year, disappointed with the economy and President Donald Trump’s war with Iran, he cast his midterm ballot for Roy Cooper, the North Carolina Democrat now headed to the Senate. […]

Cowabunga

The blue wave.