Business

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Warren Buffett is retiring: We look back at a critical turning point in his career

Warren Buffett started out by identifying opportunities in undervalued companies. Later, his strategy was buying a company that would get bigger on its own. We look at that second phase of his career.
Book distributor shutting down deals logistical blow to libraries

Baker and Taylor is among a few companies that act as the distribution middle man between libraries and publishers. The company's announcement that it is shutting down is a blow to librarians.
- Andrew Limbong
FIFA president defends World Cup ticket prices, saying demand is hitting records

The FIFA President addressed outrage over ticket prices for the World Cup by pointing to record demand and reiterating that most of the proceeds will help support soccer around the world.
- Rafael Nam
Electric vehicles had a bumpy road in 2025 — and one pleasant surprise

A suite of pro-EV federal policies have been reversed. Well-known vehicles have been discontinued. Sales plummeted. But interest is holding steady.
- Camila Domonoske
Book distributor shutting down deals logistical blow to libraries

Baker and Taylor is one of very few companies that do book-distribution for libraries — companies that act as the middle man between libraries and publishers. But a few months ago, the company abruptly announced it was shutting down.
- Andrew Limbong
Memory loss: As AI gobbles up chips, prices for devices may rise

Demand for memory chips currently exceeds supply and there's very little chance of that changing any time soon. More chips for AI means less available for other products such as computers and phones and that could drive up those prices too.
- John Ruwitch
Marijuana rescheduling would bring some immediate changes, but others will take time

President Trump set the process in motion to ease federal restrictions on marijuana. But his order doesn't automatically revoke laws targeting marijuana, which remains illegal to transport over state lines.
- Bill Chappell
Jimmy Kimmel jokes about fascism in an 'alternative Christmas message' for Britain

In an "alternative" message to the king's annual Christmas speech, Kimmel told British viewers that "from a fascism perspective, this has been a really great year," for the United States.
- The Associated Press
What tariffs have meant for holiday candle sales

More than a third of candle sales every year take place during the end of year holiday season. And this year, tariffs hikes have affected how much consumers pay for their candles.
- Henry Larson
At age 94, Seattle's oldest bartender announces 'last call'

A north Seattle institution is closing its doors for now. The 94-year-old owner of the Shanty Tavern in Lake City is retiring after more than six decades behind the bar. His family — plus longtime regulars — raised their glasses recently for the Shanty’s last call.
- Casey Martin

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