Warren Buffett is stepping down as CEO of Berkshire Hathaway at the end of this year, marking a significant change for the company that has been its poster child for conglomerate holding companies. As he hands over the reins, Berkshire Hathaway is making some notable changes to its portfolio. The company has reduced its stake … Read more
Investor Michael Burry recently shut down his fund, Scion Asset Management, and launched a newsletter on Substack, citing concerns about the current state of the stock market. He believes that the rise of passive investing could lead to a prolonged downturn, as over half of the money invested in the market is now passively managed. … Read more
President Trump’s push to gerrymander congressional maps in deep-red states like Indiana has hit a roadblock. The state’s lawmakers rejected his plan, showing that even in traditionally Republican areas, the party is no longer willing to sacrifice its values for the sake of power. This vote signals a shift away from absolute fealty and towards … Read more
CNBC reported that Broadcom’s stock price has reversed its decline after a misinterpretation of the company’s CEO remarks on an earnings call. A recent article by CNBC stated that the CEO had mentioned something in regards to the earnings, but it seems that there was a misunderstanding about what he said. As a result, investors … Read more
Indiana lawmakers have rejected President Trump’s proposed map to add more Republicans in Congress. Despite Trump’s lobbying efforts, 19 Republican senators voted against the plan, citing concerns over its impact on election integrity and fairness. The rejection comes as the redistricting debate continues to spark divisions within Trump’s own party. The Senate’s Republican caucus narrowly … Read more
Hackers have discovered two new malicious extensions on Microsoft Visual Studio Code (VS Code) Marketplace that can steal sensitive information from developer machines. The extensions pose as premium dark themes and AI-powered coding assistants but secretly download additional payloads, take screenshots, and siphon data. The malicious extensions, “BigBlack.bitcoin-black” and “BigBlack.codo-ai,” were removed by Microsoft on … Read more
María Corina Machado, a Venezuelan opposition leader, was rescued by an American private rescue team, Grey Bull Rescue Foundation, led by Bryan Stern, a U.S. special forces veteran. The 15-16 hour operation took the team through rough seas to Norway, where Machado would collect her Nobel Peace Prize and be reunited with her family. The … Read more
A year marked by turmoil, a nation rebuilds itself. Inauguration Day gives way to conflict and fear, as the world’s richest man promises change, but at what cost? Federal workers are fired, and protests harden into clashes, while political violence claims lawmakers and a charismatic young conservative. Yet amidst the darkness, humanity perseveres: a mother … Read more
Rod Paige, the first African American to serve as U.S. education secretary under President George W. Bush, has died at 92. Born in Monticello, Mississippi, Paige led the Department of Education’s implementation of the No Child Left Behind law, which aimed to standardize testing standards and hold schools accountable for student outcomes. A former superintendent … Read more
Netflix has secured the deal to buy Warner Bros. Discovery, one of the largest traditional movie and television studios, for $72 billion plus debt. The acquisition would give Netflix control over valuable intellectual property like Batman, Harry Potter, and Game of Thrones. However, the deal still faces intense regulatory review in the US and other … Read more