MoneyWatch

Famed investor Warren Buffett is donating $6 billion worth of his company’s stock to five foundations, bringing the total he has given to them since 2006 to roughly $60 billion, based on their value when received. Buffett said late Friday that the shares of Berkshire Hathaway will be delivered on …

BP’s stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in early afternoon trading. U.S.-listed shares of Shell, which is also U.K.-based, slid 3%.  …

Honda is recalling 259,033 vehicles in the U.S. because a small number of them may have a brake pedal defect.  The cars’ brake pedal pivot pin was not properly staked during production, meaning the pedal can potentially move side to side, preventing motorists from safely stopping their cars, according to …

There’s a whole list of factors that go into keeping a city running smoothly, not least of which is local leadership. In times of turmoil — whether it’s a natural disaster, economic crisis or public health issue — Americans turn to their community leaders for answers. But what exactly sets …

Anker Innovations is recalling 1.15 million portable chargers after some consumers reported fires and explosions.   According to a notice from the U.S. Consumer Product Safety Commission (CPSC), the lithium-ion battery inside certain “PowerCore 10000” made by Anker, a China-based electronics maker, can overheat. That can lead to the “melting …

Consumers are finally getting a break when it comes to egg prices. Egg prices dropped to $4.55 in May, down 11% from $5.12 in April, according to data from the Bureau of Labor Statistics. The price drop for a dozen Grade A large eggs comes as the effects of a …

With weather forecasts showing above-normal temperatures throughout the country this summer, heat-weary Americans will soon likely be turning up their air conditioners for relief. But that comfort will come at a cost. Home electricity bills are expected to reach their highest average rate in 12 years, at $784 for the summer period, according …

Instagram users under 16 won’t be able to livestream or unblur nudity in direct messages they’ve received without parental approval, owner Meta Platforms said Tuesday as it widened its safety measures for teenagers. The social media company also said it was extending safeguards for users under 18 to Facebook and …

Universal Music Group warned Tuesday that it would pull its songs, which include those by Taylor Swift and The Weeknd, from TikTok after a breakdown in talks over issues such as the compensation of artists. In an open letter, Universal accused TikTok of “trying to build a music-based business, without …

Although many job seekers may leave their early experience working in the service industry off their resumes, one top talent manager says that’s a mistake. In fact, Dean Carter, chief people and purpose officer at Guild, a public benefit corporation that manages companies’ education assistance benefits for workers, lists jobs …