Author: Editor-In-Chief
Berkshire Hathaway CEO Greg Abel speaks at the Berkshire Hathaway Annual General Meeting in Omaha, Nebraska on May 2, 2026.CNBCOMAHA, Nebraska — On his debut run Berkshire HathawayAt the annual general meeting, Greg Abel told many shareholders what they came to see. It was his steady hand, his firm grasp of the vast conglomerate, and his style sufficient to reassure investors that the post-Warren Buffett era was on firm footing.Reviews from longtime shareholders and professional investors were generally positive, but many acknowledged the notable absence of Buffett, whose wit, storytelling and investment acumen have long defined the event.”It’s very solid.…
Sir Alex Ferguson was taken to hospital after feeling unwell ahead of Sunday’s match between Manchester United and Liverpool. The 84-year-old legendary United manager is a regular at the club’s matches, both home and away, and was at Old Trafford to watch the big match between the two Premier League rivals.Sky Sports News understands he is conscious and has undergone precautionary tests.Ferguson coached United for 26 years from 1986 until his retirement in 2013, leading them to 13 Premier League titles and two Champions League titles.He then served as the club’s ambassador until 2025.During his glittering career, he won 38…
New research investigates how large-scale language models perform in a variety of medical situations, including real-life emergency room cases. There, at least one model appears to be more accurate than human doctors. The study, published this week in the journal Science, is the work of a research team led by doctors and computer scientists from Harvard Medical School and Beth Israel Deaconess Medical Center. The researchers said they conducted various experiments to measure how OpenAI’s models compared to human doctors. In one experiment, researchers focused on 76 patients who came to Beth Israel’s emergency room and compared the diagnoses provided…
A Secret Service agent attending the White House Correspondents’ Dinner was “conclusively” struck by the suspect’s bullet, prosecutors announced.Published May 3, 2026May 3, 2026U.S. authorities have announced that the gunman who shot and killed a Secret Service agent at a White House Correspondents’ Dinner last month is the suspect charged with attempting to kill President Donald Trump.Authorities initially did not provide details about how the agent, who was wearing a bulletproof vest, was injured. On Sunday, U.S. Attorney Jeanine Pirro told CNN that investigators confirmed that the agent was shot and killed by the alleged gunman, Cole Thomas Allen.Recommended stories…
Manchester United beat Liverpool 3-2 in an epic Premier League clash at Old Trafford, with Koby Mainoo scoring a dramatic winner.Matheus Cunha’s left-footed shot hit Alexis Mac Allister’s back and went past Freddie Woodman to give them an early lead, and then Benjamin Sesco, who was pushed into Bruno Fernandes’ center by Woodman, made it a two-goal lead. However, United squandered that advantage in the second half. Substitute Amad Diallo passed the ball to Dominik Szoboszlai, who scored a great solo goal before Kodi Gakpo leveled the score after a poor kick from Senne Lamence. It was a game that…
Jonathan Ra | Null Photo | Getty ImagesOPEC+ has agreed to increase production by 188,000 barrels a day, the group announced on Sunday, as the group boosts production in its first meeting since losing key member the United Arab Emirates.The group, which is made up of seven major oil producers, said June’s production increase would be slightly lower than May’s 206,000 barrels per day increase. Sunday’s figures do not include output from the United Arab Emirates, which formally left OPEC on May 1. The seven countries include Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman.”In a joint commitment to…
Jeanine Pirro will be sworn in as the new interim U.S. attorney for the District of Columbia at a ceremony hosted by U.S. President Donald Trump at the White House in Washington, DC, on May 28, 2025. Leah Millis | ReutersU.S. Attorney for the District of Columbia Jeanine Pirro appeared to abandon plans Sunday to appeal an unfavorable ruling in her attempted criminal investigation of Federal Reserve Chairman Jerome Powell. Mr. Pirro has previously said he would ask the high court to reconsider the recent decision by Chief Justice James Boasberg of the District of Columbia to quash the Fed’s…
Hardly a day goes by without a new conflict between the Trump administration and Europe. But in a year marked by major disputes over tariffs, President Donald Trump’s threat to annex Greenland, and disagreements over aid to Ukraine, the most pressing threat facing Europe is the continued transatlantic rift over NATO. After German Chancellor Friedrich Merz criticized the US response to the Iran conflict, saying that Iran had humiliated Washington, President Trump declared that the US would withdraw 5,000 troops from Germany, and possibly more. President Trump also slammed Spain and Italy for not supporting the U.S. campaign against Iran.…
(This is the Warren Buffett Watch newsletter, news and analysis about Warren Buffett and Berkshire Hathaway. Sign up here to receive it in your inbox every Friday night.)It wasn’t his show, but there was still plenty of BuffettNew CEO Greg Abel did most of the talking at Berkshire Hathaway’s first shareholder meeting, but Warren Buffett remained a prominent figure as chairman of the board, even though he sat on the arena floor with his fellow board members.Warren Buffett speaks at Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, on May 2, 2026.CNBCSix minutes into the meeting, Buffett’s “jersey” emblazoned with…
The S&P 500 sustained record gains last week, helped by a series of strong earnings reports that showed the spending boom in artificial intelligence is unabated. More revenue is expected next week. Additionally, the job market will also come under scrutiny. The market’s ferocious rally in recent weeks comes despite continued disruptions to global energy supplies in the Middle East. Enthusiasm for AI trade and signs of US economic resilience overcame concerns about soaring oil prices. I can’t take my eyes off this tension. But for now, the bulls are in control. Well, let’s take a look at the three…