Greg Abel rules out Berkshire break-up, stresses continuity with Buffett’s legacy at annual meeting
New CEO Greg Abel did most of the talking at his first Berkshire Hathaway shareholders meeting, but Warren Buffett was still a major presence.
OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Concerns around production were amplified further last week with news of the UAE’s shock departure.
U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war
Oil exports are booming from the U.S. Gulf Coast thanks to the Middle East supply disruption caused by the Iran war.
Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing
The deal is a first step in a $119 billion plan to bolster Israel’s military
OPEC+ set for another oil output quota hike despite Hormuz closure, sources say
The output increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies.
‘Godspeed my friend’: Inside the final hours of Spirit Airlines
Spirit Airlines ceased operations overnight after a failed government bailout.
Weight loss and hair loss: The growing hair treatment market from GLP-1s
A common side effect of many GLP-1 drugs is hair loss. It’s creating a formerly untapped but growing market for hair treatment products.
Iran offers Strait of Hormuz deal; Trump dissatisfied but prefers non-military path
Trump said he was not satisfied with the latest Iranian proposal. Iran’s foreign minister said Tehran was ready for diplomacy if U.S. changes its approach.
After Spirit collapse, Duffy says there’s no need for government budget airline bailout
Duffy said he does not think the government needs to bail out low-cost airlines that have sought $2.5 billion in government relief because of high fuel prices.
Airfare amid Iran war: Buy now or wait out the conflict? Experts weigh the risks
It could be risky to delay buying plane tickets and hoping fares will drop, according to travel experts.