Warren Buffett’s final day as CEO of Berkshire is here. Business leaders share insights gained from him.
Buffett’s Legacy as a Teacher and Investor Over the years, Warren Buffett has taken on numerous roles—best known as Omaha’s stock-picking sage. He embodies, in many ways, the complexities of capitalism. But for many in the business world, this 95-year-old figure has also been something more: an educator. His remarkable blend of success and wisdom […]
Former Jay Z associate Damon Dash’s film business auctions off for a low $100 as creditors close in.
Damon Dash’s film production company was auctioned off for a mere $100 on Tuesday as part of efforts to settle a $1 million defamation judgment against him. In what seemed like a last-ditch effort to raise the funds, only one bidder appeared, securing Popington LLC—the company behind Dash’s notable film “Honor Up”—for just $100.50. Mike […]
IRS raises the business mileage tax deduction rate by 2.5 cents for 2026
Wall Street Predictions and Mileage Tax Deductions The Big Money Show panel will delve into Wall Street’s ambitious forecasts for 2026, exploring how the AI boom might alter the economic landscape and the potential market rally driven by President Donald Trump’s policies. In an update from the Internal Revenue Service (IRS), those who rely on […]
Business Summary: Bank of Hawai‘i recognized, new shops opening at Kings’ Shops, construction industry awards
Here’s some business news from Hawaii Island and the state: Bank of Hawaii Recognized Among America’s Top Regional Banks and Credit Unions Bank of Hawaii has received a prestigious five-star rating from Newsweek magazine in its 2026 round-up of America’s Best Regional Banks and Credit Unions. This recognition highlights institutions that are truly making a […]
CEO of Fibrebond provides $240M in bonuses to full-time staff after selling family business
Heartwarming CEO Bonus Story In a touching story that captured attention this Christmas, outgoing Fiberbond CEO Graham Walker surprised his 540 full-time employees with a $240 million bonus, set to be distributed over five years. This generous gesture came after he sold the family-founded manufacturing firm to Eaton for $1.7 billion earlier this year. On […]
Distinctive rewards categories for business credit cards
Choosing the Right Business Credit Card for Rewards If you’re using a rewards credit card for everyday purchases, you’re likely familiar with earning bonus miles on dining or travel expenses. However, when it comes to business credit cards, the landscape changes quite a bit. Banks issuing these cards usually recognize that business spending habits differ […]
West Palm Beach shifts from a vacation destination to a thriving business hub
West Palm Beach Emerges as a Thriving Business Hub West Palm Beach is transforming. Once just a retreat for retirees and seasonal tourists, it’s now becoming a top choice for businesses across the nation. Executives highlight the unique lifestyle, favorable tax conditions, and a talented workforce as game-changers for Florida’s economic landscape. With many companies—spanning […]
Small business confidence increases in November even with worries about labor quality
Small Business Optimism Improves Amid Challenges Sharon Miller, who serves as President and Co-Head of Business Banking at Bank of America, recently discussed small businesses’ outlook for 2026 on “Claman Countdown.” Despite the economic uncertainties, a new report from the National Federation of Independent Business (NFIB) reveals that sales saw an uptick in November, aided […]
Small Business Administration Reveals $1 Million Fraud in Minnesota’s Somali Community
The Small Business Administration has discovered increasing fraud within the Somali community in Minnesota, revealing $1 million in fraudulent PPP loans. Kelly Loeffler, nominated by President Trump for the Small Business Secretary role, shared on her social media that she found significant fraud in the Paycheck Protection Program (PPP), which was designed to support businesses […]
Stephen A. Smith parts ways with contentious Solitaire business
Stephen A. Smith Ends Partnership with Papaya Gaming Stephen A. Smith has parted ways with Papaya Gaming, the creator of the solitaire game he promoted while serving as an ambassador for the upcoming World Solitaire Championship (WSC). Smith stated, “Papaya and I have mutually agreed to end our partnership,” highlighting the decision made together. This […]