Long Lake is set to acquire American Express Global Business Travel (Amex GBT) for $6.3 billion, turning it into a private company enhanced with advanced AI capabilities. The deal, expected to close in the second half of 2026, aims to combine Long Lake's AI technology with Amex GBT's travel platform, customer base, and technology solutions to improve business travel experiences. The acquisition is supported by investors like General Catalyst and Alpha Wave, and American Express will sell its 30% stake, expecting about $1.5 billion from the sale. This move highlights the growing role of AI in transforming the travel industry by enabling faster bookings and better customer service.
The VistaShares Target 15 Berkshire Select Income ETF (OMAH) provides investors with a monthly income stream targeting 15%, using a basket of Berkshire Hathaway-style value stocks like Coca-Cola, American Express, Bank of America, and Chevron. It ove...
Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after 60 years, passing leadership to Greg Abel. Abel quickly reduced the portfolio from 42 to 26 stocks and made a major acquisition by buying homebuilder Taylor Morrison...
Motley Fool Money highlights three top high-yield savings accounts with no minimum deposit and no monthly fees for June 2026. American Express offers a trusted option with 3.10% APY, ideal for existing customers valuing stability. Barclays provides a...
Construction of the American Express tower at Two World Trade Center will officially begin on July 9, ending a 25-year effort to fully rebuild the World Trade Center site after 9/11. The 55-story tower, designed by Foster + Partners and costing up to...
Berkshire Hathaway is designed for long-term investors seeking steady capital growth through diverse, cash-rich businesses like insurance and railroads. It reinvests profits instead of paying dividends, using buybacks to increase shareholder value. T...
