Group 1 - Berkshire Hathaway has acquired Occidental Petroleum's petrochemicals business for $9.7 billion, which will enable the company to reduce its debt levels [1] - The acquisition allows Berkshire to concentrate more on fossil fuel investments, aligning with its strategic focus [1]

VW welcomed the union last year and now faces a costly work stoppage. ...

Chain had hired marketing firm Prophet to refresh its image and restaurants; Cracker Barrel shifts executives in operations, menu roles. ...

OpenAI's recent funding deal and stunning valuation helped lift U.S. stocks to another record closing high. OpenAI's latest investment round valued the privately held AI company at about $500 billion, and two tech heavyweights, Samsung Electronics and SK Hynix, signed on as memory-chip partners for its "Stargate†infrastructure project. Semiconductor stocks rose, and investors looked past the potential fallout from a government shutdown that is expected to stretch into next week. ...

Executives at the retail juggernaut say they still want to hire software engineers as the company revamps its workforce for the AI era. ...

FICO upended the credit-scoring industry by giving mortgage lenders a way to offer its FICO credit score without dealing with Experian, Equifax or TransUnion. ...

And other reforms that would improve the central bank. ...

Fair Isaac Corp. is offering mortgage lenders a direct path to its FICO credit scores, for the first time giving them a way around the three powerful credit-reporting firms. ...

Core Insights - The article discusses the evolution of financial markets over the past 25 years, highlighting the emergence of bull and bear markets, as well as the rise of trillion-dollar companies [1] Group 1: Market Trends - The past 25 years have seen significant fluctuations in market conditions, characterized by both bull and bear markets, impacting investor sentiment and corporate valuations [1] - The emergence of technology companies has played a crucial role in shaping market dynamics, leading to the creation of the first trillion-dollar companies [1] Group 2: Company Performance - The article emphasizes the performance of major tech companies, which have driven market growth and investor interest, particularly during bull markets [1] - The rise of these companies has also influenced traditional industries, prompting shifts in investment strategies and market focus [1]

The pickup in sales was a surprising reversal of the steep declines that have plagued the electric-vehicle maker this year. ...