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Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines
Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines
Authored by Lance Roberts via RealInvestmentAdvice.com,
$397 billion. That’s how much “Buffett cash” now sits on Berkshire Hathaway’s balance sheet after Greg Abel’s first quarter as CEO. Warren Buffett left $373 billion behind when he stepped down at the end of 2025. Three months later, after Abel’s debut earnings report on Saturday, the hoard had grown by another $24 billion. The figure is bigger than the GDP of Hong Kong or Norway. It exceeds the market value of every American corporation except...
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Oct 6, 2026 / Tyler Durden
"Don't Be Evil"? Ex-Google CEO Schmidt's Attack Drones Get Warheads From US Army Bomb Plant
"Don't Be Evil"? Ex-Google CEO Schmidt's Attack Drones Get Warheads From US Army Bomb Plant
The U.S. Army's McAlester Army Ammunition Plant is a massive munitions plant located in southeastern Oklahoma and will soon be producing warheads for former Google CEO Eric Schmidt's suicide drone arsenal.
Defense Blog reports that McAlester plant officials held a "ribbon-cutting ceremony to open the partnership" with Schmidt's drone company, Perennial Autonomy.
The Oklahoma plant will build, load, and deliver warheads for Perennial drones. Officials didn’t disclose the deal's production volumes, delivery schedule, value, or which drones...
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May 16, 2026 / Tyler Durden
Nearly 2,500 Pounds Of Cocaine, 105 Pounds Of Marijuana Seized In Joint Operation By US Forces
Nearly 2,500 Pounds Of Cocaine, 105 Pounds Of Marijuana Seized In Joint Operation By US Forces
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
U.S. forces seized around 2,500 pounds of cocaine and 105 pounds of marijuana in two separate maritime operations involving foreign nations.
In one operation, the Joint Interagency Task Force (JIATF) South and the Drug Enforcement Administration identified a drug runner from Colombia transporting narcotics. Forces from the Dominican Republic interdicted the vessel, while USS Billing secured the jettisoned cargo, JIATF South said in a May 12...
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Aug 3, 2026 / Tyler Durden
Pentagon Plans AI Data Centers At Military Bases Across Multiple Branches
Pentagon Plans AI Data Centers At Military Bases Across Multiple Branches
By Adam Gramegna of Military.com
At Dugway Proving Ground in Utah, on ground the Army's own contracting documents describe as previously used for grazing, a company owned by two of the largest investment firms in the world is preparing to build a data center.
That site sits about an hour's drive from the nearest community, on the installation where the U.S. military conducts its primary chemical and biological weapons testing. Three parcels there total roughly 3,466 acres. One of them, about...
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