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Berkshire Buys Taylor Morrison For $6.8 Billion In First Big Deal Under Greg Abel
Berkshire Buys Taylor Morrison For $6.8 Billion In First Big Deal Under Greg Abel
Less than a month after we mused at Berkshire's most recent cash hoard which as of March 31 stood just shy of $400 billion, and wondered who Warren Buffett's replacement Greg Abel will acquire first...
... we got the answer on Sunday afternoon, when Berkshire announced it will acquire homebuilder Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. Which means that after the deal, Berkshire still has $390 billion in T-bills collecting about 3.5%.
The...
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Jun 28, 2026 / Tyler Durden
Saudi Aramco Helicopter Crash Kills 14 In Ras Tanura , Cause Unknown
Saudi Aramco Helicopter Crash Kills 14 In Ras Tanura , Cause Unknown
One week after a mysterious explosion - attributed to a "technical incident" - at Qatar's massive Ras Laffan industrial city killed dozens and set back restoration and recovery efforts at the giant LNG production facility by weeks if not months, a helicopter belonging to Saudi oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia's eastern coast on the Gulf, west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that...
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Mar 17, 2026 / Kyle Anzalone
Counterterrorism Director Joe Kent Resigns Over Iran War
The Director of the National Counterterrorism Center, Joe Kent, has resigned from the Trump administration over the war in Iran. Kent was formerly a Green Beret and served in the CIA. “I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that […]
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Mar 12, 2026 / George D. O’Neill, Jr.
Gangster Foreign Policy
Once again, we are embroiled in a new foreign war—not surprisingly at the behest of Benjamin Netanyahu. The Trump administration chose to enter this illegal war without the required congressional approval, as it did the illegal war against Venezuela. The American people have for decades consistently voted against American participation in wars. A century ago, […]
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