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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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Apr 2, 2026 / Tyler Durden
Watch: Armed Robot Dog Leads Close-Quarters Combat Drill
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May 14, 2026 / Tyler Durden
India Panics, Further Tightens Gold Flows As Rupee Collapses
India Panics, Further Tightens Gold Flows As Rupee Collapses Well, that escalated quickly... With the Rupee accelerating its declines to ever lower record lows against the dollar, Indian authorities have stepped up capital controls, focusing on curbing demand in the gold 'exit' route. 4 days ago, there were no signs of import duty hikes as Prime Minister Narendra Modi  issued a rare weekend appeal urging citizens to forgo gold purchases as well as unnecessary foreign travel in order to help hold up the currency.. 2 days ago, tariffs were more than doubled on gold...
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May 24, 2026 / Tyler Durden
Trump Indicates He'll Sign Bill Making Daylight Saving Time Permanent
Trump Indicates He'll Sign Bill Making Daylight Saving Time Permanent Authored by Jack Phillips via The Epoch Times (emphasis ours), President Donald Trump has indicated he would sign a bill to make daylight saving time permanent as a House of Representatives committee advanced a measure that would codify the change. U.S. President Donald Trump returns to the White House in Washington on May 15, 2026. Kevin Dietsch/Getty Images "Big Vote today (48-1!) in the Energy and Commerce Committee on a Bill including The Sunshine Protection Act, which will be making Daylight Saving Time...
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