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Warren Buffett and Greg Abel inspect Berkshire Hathaway’s annual shareholder meeting held in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBCBerkshire Hathaway reported a significant decline in operating profit in the fourth quarter, primarily due to a downturn in the conglomerate’s insurance business. Fourth quarter operating income totaled $10.2 billion. This was down more than 29% from $14.56 billion in the same period last year. This was the last quarter under CEO Warren Buffett, who announced his resignation at the company’s annual shareholder meeting last May. Greg Abel takes the reins to start 2026, pledging in Berkshire’s…
Paris — As far as France is concerned, the case is now closed. US Ambassador to Paris Charles Kushner’s access to the French government has been restored, allowing him to resume his diplomatic mission. But the unrest, which threatened to temporarily derail relations between France and the United States in the year marking the 250th anniversary of the founding of the United States, highlights a deeper problem facing Europe as the United States increasingly overtly intervenes in its internal affairs. France’s foreign minister summoned Kushner this week and temporarily blocked him from meeting with government ministers when he failed to…
FlightRadar24 Middle East air traffic situation for February 28, 2026.Source: Flightradar24After the United States and Israel launched military attacks on Iran, airlines canceled hundreds of flights to the Middle East, and dozens of others were diverted due to widespread closed airspace in the region. Some services have been suspended until at least the end of next week.Travel disruptions have spread to Brazil and Australia. The airspace closure also forced airlines to suspend flights that normally fly through the area.More than 1,800 flights to and from Middle Eastern countries were canceled on Saturday, according to aviation data firm Cirium. Sirium added…
The United States and Israel launched a major joint attack on Iran on Saturday, killing Iran’s longtime supreme leader Ayatollah Khamenei and plunging the country into uncertainty as US President Donald Trump calls on his people to rise up against the government. Trump said in a video on Truth Social that the move was taken after Iran rejected “every opportunity to abandon its nuclear ambitions.” The strike began in the middle of the day on Saturday morning, the first day of the week in Iran, as millions of people headed to work or school. In response, the Iranian regime launched…
Iranian state news media says Khamenei has diedFILE PHOTO: Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a televised speech in Tehran, Iran, September 23, 2025. Wana News Agency | Via ReutersAyatollah Ali Khamenei is dead, Iranian state media agency Press TV said in an X post.The agency said the supreme leader was “martyred.” In a separate post, Press TV announced 40 days of mourning and a week of public holidays.Khamenei’s death resulted from an Israeli airstrike, the Islamic Republic News Agency said on X. At the time of his death, Khamenei was at his office within his residence, and…
Louis Osborne & Jessica OsborneThe oldest children of Ozzy and Thelma’s marriage certainly didn’t spend much time with Ozzy, who was often away on tour.In the 2011 documentary God Bless Ozzy Osbourne, Jessica said, “My childhood memories with my dad are that he would be away for long periods of time, and when he would come home there would always be an adjustment period, and then things would go back to normal and he would be fine again.” “So my childhood with my father was very unstable.”And when I was home, I would often go to the pub.”When he was…
Feeling disappointed in your job or job search? Two recent movies may resonate.Park Chan-wook’s “No Other Choice” and Sam Raimi’s “Send Help” imagine what happens when workers in bad situations, such as a stagnant job market or a toxic workplace, are pushed to their limits, with murderous consequences. They offer a violent but cathartic view of worker anxiety and despair in the zeitgeist. Part dark comedy, part horror, it touches on long-standing concerns in the workplace, but it’s especially timely right now.Low hiring means many employees are feeling stranded and many job seekers are having a hard time finding work.…
Amirhossein Saidi’s father had encouraged him to stay at home. The 19-year-old computer science student was still recovering from the illness as the protests sweeping across Iran became more dangerous by the day. But Saidi was determined. “Adrenaline rose in my blood,” he told his family. “I’m flying. I want to fly tonight.” Saidi was shot in the face on a Tehran street during a brutal crackdown on protests by Iranian security forces, and by the next evening he had died in his father’s arms, according to relatives in Iran who spoke anonymously to CNN for fear of retaliation. Thousands…
Berkshire HathawayGreg Abel used his first annual shareholder letter as chief executive to reassure investors that the conglomerate’s culture of financial conservatism and disciplined investing, established under Warren Buffett, will continue “forever.””I am honored by the board’s decision to appoint me CEO of Berkshire and am humbled to succeed Mr. Warren as I write my first annual letter,” Abel wrote in the opening letter to the company’s annual report, released Saturday along with Berkshire’s quarterly results. “Warren’s actions are clearly very difficult to follow.”Mr. Abel, 63, will take over the reins from Mr. Buffett, 95, who will step down as…
On Friday afternoon, just as this interview was about to begin, a news alert appeared on my computer screen. The Trump administration had cut ties with Anthropic, a San Francisco AI company founded in 2021 by Dario Amodei and other former OpenAI researchers who left the company over safety concerns. Secretary of Defense Pete Hegseth had invoked national security legislation aimed at countering foreign supply chain threats and blacklisted Anthropic from doing business with the Pentagon after Mr. Amodei refused to allow Anthropic’s technology to be used in autonomous armed drones that can selectively kill targets without mass surveillance of…