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CNN — Those who have followed Berkshire Hathaway have long-anticipated that the day would come when legendary investor and CEO Warren Buffett called it quits. But the news came unexpectedly at Berkshire’s annual shareholder meeting on Saturday, as the 94-year-old Oracle of Omaha waited until the end of the event to announce he would step down at year’s end and would officially recommend Greg Abel to take his place. The board approved the plan, naming Abel as Berkshire’s next CEO when Buffett steps down at the end of this year, CNBC reported Monday. Buffett will remain the company’s executive chairman.…
Atlanta CNN — Mahendra Patel was looking for Tylenol in a Georgia Walmart two months ago when he encountered a woman with two children – riding a motorized cart she was driving – and asked her for help to find the medication, his lawyer says. What happened next, the woman would allege, was that Patel grabbed her 2-year-old son from her, and she pulled the child back. A grand jury would later indict Patel on charges including attempted kidnapping – accusations for which he’s been jailed in Georgia’s Cobb County without bond for more than 40 days. But Patel has…
CNN — President Donald Trump on Sunday extended his trade war to the cinema. Trump, in an evening post on his social media platform Truth Social, said he has instructed the Commerce Department and US Trade Representative to place a 100% tariff on films that are produced outside the United States and imported into America. “The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States,” Trump wrote in his post. “Therefore, I am authorizing the Department of Commerce, and the…
London CNN — Britain is marking the 80th anniversary of Victory in Europe (VE) Day this week with four days of commemorations honoring the end of World War II on the continent, as well as those who served and perished during the conflict. The official surrender of Nazi Germany to Allied forces took place on May 8, 1945, ending a brutal war that claimed tens of millions of lived and reshaped global history. London’s commemorations began Monday when Big Ben, the clock and bell in Elizabeth Tower at the Houses of Parliament, struck at midday and extracts from wartime leader…
New York CNN — About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the information and insights company suggests that a significant number of Americans with student loan debt are not able to make payments, did not know payments were due or decided not to pay. The findings come as the Department of Education has vowed to restart collecting federal student loans in default starting Monday following a Covid-era pause. TransUnion found that as of February, a record 20.5%…
CNN — President Donald Trump and GOP leaders are beginning to plot their midterm push to hang on to power amid a shaky political environment, courting key candidates in critical battleground House and Senate races while leaning hard on an issue that could animate the MAGA faithful: impeachment. Even though Democratic leaders are wary of a third impeachment vote, the topic has become a prominent discussion in GOP ranks, with Trump eager to avoid another all-consuming showdown with an emboldened Democratic majority and Republican leaders banking the talk could help drive up turnout in an election where Trump won’t be…
Tokyo AP — Japan and China have accused each other of violating the airspace around the Japanese-controlled East China Sea islands, which Beijing also claims. The latest territorial flap came as both appeared to have warmer ties while seeking to mitigate damages from the US tariff war. Japan’s Foreign Ministry said in a statement it lodged a “very severe protest” with Beijing after a Chinese helicopter took off from one of China’s four coast guard boats, which had entered Japan’s territorial waters around the Senkaku Islands. The helicopter violated Japanese airspace for about 15 minutes on Saturday, the ministry said.…
CNN — Maryland Gov. Wes Moore appears to be everywhere at the moment — popping up on “The View,” delivering a commencement address at a historically Black university in battleground Pennsylvania and, later this month, delivering an address to South Carolina Democrats, who could be pivotal in determining the Democratic Party’s nominee in 2028. The rising star is part of a chorus of Democratic leaders putting forward a vision for how the party should take on Donald Trump as the president plows ahead with his second-term agenda. “We need to be a country that really gets to know each other…
CNN — Many investors — especially high-income ones living in high-tax states — benefit from owning state and local municipal bonds for their tax advantages. The interest investors make on munis is exempt from federal income tax — and in some cases, state and local taxes too, if you buy a muni issued by your home state. The advantages of buying highly rated municipal bonds — which finance public works like building or improving roads, bridges and transit systems — have been particularly pronounced in the past month. That’s because muni bond yields soared due to a “perfect storm” of…
Editor’s note: Ian Kerner is a licensed marriage and family therapist, writer and contributor on the topic of relationships for CNN. His most recent book is a guide for couples, “So Tell Me About the Last Time You Had Sex.” CNN — Do you walk around resenting your partner? Do you dread coming home from work as much as, if not more than, going to work? Are you too tired for date night, much less the sex that might follow? When you think of the future, does it feel like it’s just going to be more of the same? Those…