Warren Buffett formally stepped down as chief executive officer of Berkshire Hathaway on the final day of 2025, ending a 60-year tenure that reshaped American corporate history. The transition, long anticipated by investors and company insiders, marks the close of one of the most influential leadership runs in global business. At the age of 95, Buffett will remain chairman of the holding company he transformed from a struggling textile firm into a diversified conglomerate valued at more than

As the calendar turns to a new year, New Year’s Day remains a federal holiday across the United States, bringing widespread closures for government offices, schools, banks and financial markets. At the same time, many major retailers and grocery chains plan to welcome customers on January 1, 2026, often with adjusted hours and post-holiday discounts aimed at clearing older inventory. Shoppers and consumers are encouraged to confirm local schedules in advance, as operating hours can vary by

Chinese President Xi Jinping used his annual New Year’s Eve address to reaffirm Beijing’s long-standing position on Taiwan, declaring that reunification with the self-governing island was inevitable. Speaking in Beijing on Wednesday, Xi said that bringing Taiwan under China’s control was “a trend of the times” that could not be stopped, reiterating a pledge that has become a central pillar of his leadership. The speech came just one day after the conclusion of large-scale

A significant legal challenge to the steep increase in H-1B visa fees has suffered a major setback after a US District Court ruled that the federal government acted within its legal authority. The ruling has delivered a blow to business and employer groups that argued the move would restrict access to skilled foreign talent, even as the H-1B visa programme continues to face mounting pressure from stricter regulations and prolonged processing delays across the globe. The decision was i

Iranian President Masoud Pezeshkian has said the country is effectively engaged in a full-scale conflict with the United States, Israel and Europe, describing Iran’s current diplomatic and strategic environment as increasingly complex and difficult. His remarks reflect heightened regional tensions following months of military confrontation, economic pressure and stalled diplomacy. In an

Two young women from Telangana’s Mahabubabad district lost their lives in a tragic road accident in the United States after the car they were travelling in plunged into a gorge along a mountainous stretch of road in California. The incident occurred at a sharp curve on Alabama Hills Road, a scenic but challenging route known for its winding terrain. The deaths have sent shockwaves through their hometowns in Telangana, where families and residents are struggling to come to terms with the sud

A meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy at Trump’s Mar-a-Lago residence was meant to focus on diplomatic efforts to end the Russia-Ukraine war. Instead, public attention quickly shifted to an unexpected detail captured in photographs taken ahead of the talk

As the New Year’s Eve ball descends in Times Square, New York City will mark more than the arrival of 2026. The iconic moment will also serve as the opening signal for a nationwide commemoration of the United States’ upcoming 250th anniversary, blending tradition with a forward-looking tribute to the country’s founding ideals. Organizers say this year’s celebration will feature a distinctly patriotic theme, with the ball illuminated in red, white and blue and an additional confetti re

A light-hearted White House Christmas tradition took an unexpectedly awkward turn after US President Donald Trump was gently cut short by First Lady Melania Trump during a live holiday call, creating a moment that quickly went viral across social media platforms. The exchange occurred during the annual Chr

Newly released diplomatic transcripts have revealed that Russian President Vladimir Putin had expressed serious concerns to the United States as early as 2001 over Pakistan’s nuclear weapons programme, questioning why the West appeared largely unconcerned about a country without democratic governance possessing nuclear arms. The remarks were made during a private meeting with then US President

The United States has carried out a series of airstrikes in Nigeria targeting Islamic State terrorists, following what US President Donald Trump described as escalating attacks against Christians in the region. The strikes, which Trump said were conducted on his direct orders, were aimed at extremist groups operating in northwest Nigeria and were described as both numerous and deadly.

China has strongly criticised a recent Pentagon report, calling it irresponsible, misleading, and an attempt to create divisions between Beijing and New Delhi while exaggerating the so-called China threat narrative. Responding sharply, Chinese officials accused the United States of distorting China’s defence policy and interfering in its internal affairs to justify Washington’s continued military dominance. Speaking at a media briefing in Beijing, Chinese Foreign Ministry spokes

An investigation by The New York Times has revealed that the Donald Trump Presidency raised an unprecedented $2 billion in donations during 2025, making it the most heavily funded second-term presidency in American history. Among the hundreds of donors were at least six Indian-origin Americans or the companies they lead, many of whom reportedly benefited from decisions taken by the Trump administrat

An Indian student from Telangana pursuing higher education in the United States has died under suspicious circumstances, triggering concern among the Indian diaspora and student communities. The deceased has been identified as Pawan Kumar Reddy, a native of Melladuppalapalli village in Nalgonda district. The incident reportedly occurred late at night while he was having dinner with his friends.

The United States has cautioned India about China’s evolving two-front strategic approach that combines diplomatic calm along the Line of Actual Control with an aggressive expansion of military support to Pakistan. The warning comes from the US Department of Defense’s 2025 Annual Report to Congress on Military and Security Developments involving the People’s Republic of China, a comprehensive assessment of Beijing’s military modernisation and regional ambitions. The report h

The United States has announced a major overhaul of its H-1B visa programme, scrapping the long-running lottery-based selection system in favour of a wage-weighted model that prioritises higher-paid and higher-skilled foreign workers. The new rule, issued by the Department of Homeland Security, will come into effect on February 27, 2026, and will apply to the FY 2027 H-1B cap registration cycle, with registrations expected to open in March 2026 for jobs beginning on October 1. While

TikTok’s parent company ByteDance is preparing a major overhaul of its employee compensation strategy, with plans to increase bonuses and incentives by as much as 50 percent in 2026. The move, revealed through an internal memo, reflects the company’s effort to retain top talent and maintain stability as it navigates regulatory pressure and corporate restructuring, including the planned spin-off of TikTok’s US operations. According to internal communications reviewed by media r

The administration of US President Donald Trump has announced a new financial incentive aimed at encouraging undocumented immigrants to voluntarily leave the country, offering cash payments and paid travel as part of a broader effort to accelerate deportations and reduce enforcement costs. The initiative, introduced ahead of the holiday season, is being framed by federal officials as a cost-effective alternative to traditional immigration enforcement measures. According to the Depar

The United States Justice Department has released its largest-ever batch of documents related to the late financier and convicted sex offender Jeffrey Epstein, triggering fresh political debate and global attention. The newly disclosed material includes nearly 30,000 files, made up of around 29,000 pages of documents and dozens of video clips, some of which were reportedly recorded inside a prison.