Bloomberg This Weekend

Warren Buffett is stepping down as chairman of Berkshire Hathaway to be replaced by his son Howard, and will become chairman emeritus of the company. Buffett will remain a member of the board, and his son, a director of the company since 1993, will step into the top role, responsible for the company's culture and values. The move is the latest stage in the succession process at the company, following Greg Abel's replacement of Buff...

Leaders of the world's biggest artificial intelligence platforms say it's time to slow the development pace of their most advanced models, citing escalating risks of the technology. Anthropic Chief Executive Officer Dario Amodei will implement new safety steps, including third-party evaluators, and is calling on the industry to support a broader downshift. The move to slow AI development comes as anxiety about severe risks has begu...

The International Atomic Energy Agency has observed construction activity at Iran's Pickaxe Mountain, a site suspected of housing nuclear-related activities. IAEA Director General Rafael Mariano Grossi said there are indications of movement around the construction site, but no concrete information on activities taking place there. The IAEA's board of governors has referred Iran's nuclear file to the UN Security Council for non-comp...

Democratic Representative Haley Stevens said her home state of Michigan is bearing much of the economic fallout from the trade dispute with Canada. The latest round of tariffs began when the Trump administration imposed tariffs on $20 billion worth of Canadian goods after trade talks collapsed on Aug. 21. Canada responded with retaliatory tariffs on US goods set to take effect on Sept. 8, and it’s unclear whether the two coun...

Apple Inc. is about to start the biggest run of device releases in its history, delivering a wave of fresh form factors and whole new product areas in 2026, 2027 and beyond. New Chief Executive Officer John Ternus will unveil the latest iPhones and Apple Watches at the company’s Sept. 9 “Surprise and Shine” event, which will be the beginning of the device releases. The company has been working on this pipeline for...

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The Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming featured Kevin Warsh’s first speech as chairman. Warsh used his keynote speech to hammer home a message that curbing inflation is the central bank’s top priority. While parts of the speech served to double down on his stated determination to avoid offering guidance to financial markets on the direction of interest rates, W...

Nepal is seeking international help to cope with the aftermath of catastrophic flash floods that have left nearly 3,000 people missing along the mountainous border with China. At least 626 people have been confirmed dead while 2,426 remain unaccounted for, including hundreds of foreigners from India, Malaysia, Australia and the US. Nepal is considering convening an international donor conference to assist with reconstruction, with ...

Fan Week at the US Open kicks off today. IBM and the US Open are expanding their use of AI to give fans real-time match insights, including personalized updates, an AI assistant and win probabilities that change after every point. The technology also gives players and coaches deeper data to analyze opponents and match strategy while helping more than 14 million digital users follow the tournament.

Also this weekend, Prince Harry an...

President Donald Trump is betting new sanctions and economic pressure can force Tehran to accept a deal to end the war on US terms. Iran's Islamic Revolutionary Guard Corps may be impervious to such pressure and has plenty of ways to retaliate, including military strikes across the Gulf. The US economic pressure campaign is having an impact, risking one of Iran's worst ever economic crises, but it's unclear if it will lead to Iran'...

Meta faces a landmark federal trial brought by 29 states over allegations that Facebook and Instagram were deliberately designed to addict young users and that the company improperly collected children’s data. The case could expose Meta to substantial penalties and potentially more consequential court-ordered changes to how its platforms operate.

Also this weekend, pet owners are spending money on experimental treatments they...

President Donald Trump downplayed concerns over conditions for sailors aboard the USS Abraham Lincoln, amid an uproar from service members' families as its deployment to the Middle East approaches nine months. Numerous relatives of the sailors and Marines aboard the aircraft carrier have voiced outrage at reports of food shortages, water contamination, moldy showers and long shifts in wartime aboard the vessel.

Also this weekend, M...

The wait dragged on for an Iranian deal with Oman on the Strait of Hormuz, as the Islamic Republic’s top envoy said direct talks with the US were currently impossible.

Iranian Foreign Minister Abbas Araghchi, who said a pact to establish a temporary shipping route through the global energy chokepoint is “very close,” on Sunday criticized what he described as US violations of a short-lived interim peace agreement s...

The US Senate confirmed Todd Blanche as attorney general, elevating President Donald Trump’s one-time personal defense lawyer to lead the nation’s top federal law enforcement agency.

Republicans closed ranks and supported Blanche, 52, in a 50-49 vote even after two GOP senators joined Democrats in opposition. Republican Senator Bill Cassidy of Louisiana, one of the holdouts, came out in support of Blanche after Senators...

Governors from Oklahoma, Maryland and Delaware say states remain the nation's laboratories of democracy, sharing policy ideas on housing, education, child care and energy while arguing that affordability is the top concern for voters across party lines. They say states cannot control inflation or global energy prices but can lower costs through housing supply, consumer protections, child care investments and policies that encourage...

The Cockroach Janta Party, which led India’s biggest student protests in years, wants to build a nationwide movement to hold the government accountable for its promises to young people, one of its senior members said. The “Cockroach” party, which was created by a Boston University graduate Abhijeet Dipke, helped to channel youth anger over repeated exam paper leaks and other failures in the education system. Last ...

The US paused an almost two-week run of strikes against Iran for a second night while the Islamic Republic signaled it was refraining from any retaliatory attacks and held talks with Oman over the Strait of Hormuz. Skirmishes between Yemen's Houthi militants and Saudi Arabia have ratcheted up tensions, with the Houthis firing missiles and drones at Saudi facilities and the Saudi-led coalition responding with strikes on Houthi milit...

President Donald Trump headlined a scaled-down White House Correspondents’ Dinner on Friday, three months after the original event was cut short by a gunman who allegedly sought to assassinate the president. Trump, in a long speech, at times criticized several reporters by name — sometimes in searing terms — while also saying he had respect for journalism and the press in the room.

Also this weekend, US measles ca...

President Donald Trump says Republicans should “add Iran to the Russian Sanctions Bill” in a post on Truth Social today. He adds it is what late Lindsey Graham “wanted to do, and it was going to happen”

Also this weekend, Lionel Messi’s Argentina will face off against European champions Spain in the World Cup final in New Jersey, a match that wraps up a tournament that shattered...