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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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May 14, 2026 / Tyler Durden
Minnesota 'Culture Of Fraud' Enabled More Than $9 Billion In Misused Taxpayer Funds, Panel Says
Minnesota 'Culture Of Fraud' Enabled More Than $9 Billion In Misused Taxpayer Funds, Panel Says
Authored by Janice Hisle via The Epoch Times (emphasis ours),
A “culture of fraud” infected Minnesota state agencies, resulting in more than $9 billion in taxpayers’ money squandered, a new legislative report says.
State Rep. Pam Altendorf listens as fellow Republican Rep. Isaac Schultz discusses a report released at a meeting of a fraud prevention committee in the Capitol in St. Paul, Minn., on May 13, 2026. Livestream from the Minnesota House of Representatives/Screenshot via The Epoch...
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May 21, 2026 / Dave DeCamp
Israeli Drone Attack in Northern Gaza Kills 13-Year-Old Boy
An Israeli drone attack in northern Gaza on Thursday killed a 13-year-old boy as the IDF continues its constant violations of the US-backed Gaza ceasefire deal. Medics told Reuters that the boy, identified as Joud Mohammed al-Duweik, was killed when an Israeli drone dropped a grenade in the town of Beit Lahia. Several other Palestinians […]
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May 14, 2026 / Tyler Durden
Emmanuel Macron Says France's Fate Is "Tied To The African Continent"
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