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Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years
Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years
The head of Berkshire may be new, but nothing has changed in the business model.
In Berkshire's first quarter Greg under Abel, who succeeded Buffett in January as Berkshire's chief executive, the company on Saturday reported a higher first-quarter operating profit even as economic uncertainty weighed on several of its consumer-oriented businesses. The Omaha, Nebraska-based conglomerate built by Warren Buffett and now led by Greg Abel also reported a record cash level, reflecting continuing difficulty finding investments...
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Jul 20, 2026 / Tyler Durden
Trump's Taking On 'Right To Repair': What Does It Mean?
Trump's Taking On 'Right To Repair': What Does It Mean?
Authored by Jacob Burg via The Epoch Times,
Questions persist over what it means for drivers to have the right to repair their cars and trucks after President Donald Trump's recent memorandum, which aims to open up access to aftermarket vehicle repairs.
Rivian R2 SUVs move down the assembly line at the manufacturing plant in Normal, Ill., on May 19, 2026. The R2 produces zero direct tailpipe emissions as a fully electric vehicle. Scott Olson/Getty Images
The June 29 memorandum impacts a slice...
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Mar 17, 2026 / Dave DeCamp
‘The Gravest Sin’: Latin Patriarch of Jerusalem Responds to Hegseth Invoking God at War Briefings
Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, has commented on US Secretary of War Pete Hegseth invoking God and reading scripture during his press briefings on the US and Israeli war against Iran. During one briefing last week, Hegseth read from Psalm 144. “Blessed be the Lord, my rock, who trains my hands for […]
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Aug 3, 2026 / Tyler Durden
Coldcard Losses Near $114M As Small Bitcoin Transfers Spike
Coldcard Losses Near $114M As Small Bitcoin Transfers Spike
Via Decrypt.co,
Small Bitcoin holders moved coins on July 31 at a rate not seen since the collapse of FTX, according to CryptoQuant, as news spread that Coldcard hardware wallets had been generating guessable keys for five years.
Transfers of less than 1 BTC totaled 39,600 BTC (around $2.5 billion) that day, the firm's Head of Research Julio Moreno tweeted. The last comparable figure was 39,900 BTC on November 16, 2022, days after FTX failed. Daily active addresses rose from 645,000 on July 30 to almost a million...
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