• Berkshire Hathaway CEO Greg Abel moves to assure shareholders in post-Buffett world, with record cash

    Published Sun, May 3, 2026 · 04:27 AM — Updated Sun, May 3, 2026 · 09:22 AM[OMAHA, NEBRASKA/NEW YORK] Greg Abel on Saturday (May 2) moved to assure Berkshire Hathaway shareholders that he will invest wisely and manage the conglomerate’s massive cash stake without the burdens of bureaucracy, as he seeks to win over those cautiously hoping he is a worthy successor to Warren Buffett. Abel, 63, spoke at Berkshire’s annual meeting in Omaha, Nebraska, four months after succeeding arguably the world’s most famous investor as chief executive officer. He must earn the trust of investors now enamoured with technology…

Business

  • Central Bank Trapped: Indonesia Battles Inflation With No Room to Cut Rates

    Bank Indonesia (BI), the country’s central bank, is expected to hold its benchmark policy rate at 4.75% this week and keep it there through 2026, as the ongoing Iran war compounds inflation risks and strips away any remaining room for monetary easing. The rate freeze arrives at a precarious moment.…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Spirit Airlines Faces Imminent Liquidation Risk As Creditor Talks Intensify: Report

    Spirit Airlines could begin liquidating as early as this week marking a dramatic escalation in the budget carrier’s ongoing bankruptcy crisis, according to a new report. CNBC detailed that discussions between the airline and its creditors have reached a critical stage, with lenders actively weighing whether to continue supporting the…

World

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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