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greg abel ran his first berkshire hathaway annual meeting as ceo saturday, and he made one thing clear: no breakup. asked directly if berkshire would ever split up, abel said "absolutely not." he called the conglomerate structure efficient, without bureaucracy or bloated costs. buffett was there too, sitting
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jamie dimon warned this week that a credit recession could be "terrible" when it comes, though he didn't point to any specific current signal. the jpmorgan ceo said "we haven't had a credit recession in so long, so when we have one, it
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spirit airlines flew its last flights friday night, ending a 34-year run as america's discount carrier. the airline shut down after bondholders rejected a trump administration bailout proposal that could have included up to $500 million. commerce secretary howard lutnick called spirit ceo dave davis to say there
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the s&p 500 and nasdaq both closed at record highs three times last week — monday, thursday, and friday. the s&p gained 0.9% for the week, the nasdaq 1.1%. it was the fifth straight week of gains for both. april was their best month since
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airfare keeps climbing as the iran war drags on, and travel experts say buying now is safer than waiting. katy nastro from going put it bluntly: "if it fits in your budget now, don't put it off." the average domestic round-trip hit $361 as of april
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the strait of hormuz closure is tightening consumer credit access, even though no one's credit score has dropped because of iran. lenders are quietly raising approval thresholds — a 670 fico that got a mortgage six months ago might not clear now. alexander katsman, ceo of credit booster ai,
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branneisha cooper started taking mounjaro in late 2022. she heard online about temporary hair thinning and prepped for the worst. about a year in, her hair started falling out in clumps. her provider told her rapid weight loss from the drug can cause it. she now prioritizes protein, takes vitamins,
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musk spent three days on the stand in oakland this week telling a jury that altman and brockman stole his charity. "you can't just steal a charity," he said repeatedly. he claims the $38 million he donated to openai in 2015 was used for unauthorized commercial
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bard college president leon botstein announced he'll retire at the end of june after 51 years. the news came a day after a law firm hired by the board of trustees delivered a critical report about his relationship with jeffrey epstein. the wilmerhale report, summarized by former deputy
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spirit airlines could shut down as early as 3 a.m. et saturday, according to people familiar. the carrier hasn't secured a financial lifeline to keep operating and hasn't commented on its plans. about 290 spirit flights are scheduled for saturday, with another 381 on sunday,
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jim cramer says the market got through the toughest earnings week "with flying colors," but warned next week could be even more treacherous. "that doesn't mean we are out of the woods yet," he said, calling the week ahead "more eclectic, jam-packed on
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berkshire hathaway's annual meeting kicked off friday with a noticeably thinner crowd in omaha. shareholders expressed cautious optimism about the company's direction under new ceo greg abel, who took over in january. many attendees voiced skepticism that abel will match warren buffett and charlie munger'