Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving over 50 years, with his son Howard becoming the new chairman.
Iran struck more ships in the Strait of Hormuz as Trump dismissed concerns over soaring gas prices.
An SUV driver under the influence of drugs swerved into a Los Angeles city bus, killing two riders, and prosecutors charged her with murder.
World
Poland's Prime Minister Donald Tusk said Moscow is planning hybrid strikes with drones or rockets on Poland and other European countries that support Ukraine.
A UN fact-finding mission found evidence the U.S. committed war crimes in two attacks on Iran that killed at least 177 civilians, including strikes on a school in Minab and a sports complex in Lamerd.
The U.S. House of Representatives voted Wednesday to approve new sanctions on Iran and Russia through the Lindsey Graham Sanctioning Russia and Iran Act of 2026.
Business
Warren Buffett is stepping down as chairman of Berkshire Hathaway after leading the $1 trillion conglomerate since 1965, with his son Howard taking over the chairman role.
Wells Fargo downgraded Netflix to underweight citing weak engagement trends and below-expected content planned for the second half of 2026, sending the stock down more than 3%.
Amazon is investing $230 million to raise hourly wages to $21 for more than 100,000 Whole Foods workers, enhancing pay, benefits, and college benefits.
Technology
Nvidia's Jensen Huang said the company expects to sell twice as many chips next year.
OpenAI dropped a legal-research index spanning 230 million URLs.
Spain recorded its first data breach attributed to an autonomous agent.
Science
Scientists found a new way to create a controlled beam of muonium, an exotic atom containing a heavier cousin of the electron.
NASA's Roman Space Telescope may now have enough fuel for at least 22 years of science, more than double its original 10 year design life.
Older adults who changed the balance of fat, carbohydrates, and animal protein in their diets showed signs of reduced biological age after just four weeks.
Economy
Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75%-4%, its first increase since 2023.
Annual inflation rate in the US steadied at 3.4% in August 2026, the same as in July.
Strong majority of Fed officials think another hike is possible later this year, with 16 of 18 participants expecting at least one more rate increase.
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