US & World News

Berkshire Hathaway's profits rise 17% as Warren Buffett prepares to step down as CEO

Warren Buffett’s company’s profits improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway continues to prepare for the legendary 95-year-old investor to relinquish the CEO title in January. But last month’s $9.7 billion investment in OxyChem won’t do much to diminish the $381.7 billion cash pile that Berkshire was sitting on at the end of September even though it is the biggest deal the company has made in years. The biggest thing on most investors’ minds right now is that Buffett Vice Chair Greg Abel is set to succeed Buffett as CEO in January although Buffett will remain chairman

Former Kentucky Gov. Martha Layne Collins has died at 88

Martha Layne Collins, the first and only woman elected governor of Kentucky, has died. She was 88. Her most visible legacy is a sprawling Toyota auto assembly plant — arguably the biggest industrial plum of its day and the linchpin of the Democrat's economic-development strategy. A former teacher, Collins served as governor from 1983 to 1987, at a time when Kentucky governors were limited to single terms, and was interviewed by Democratic presidential nominee Walter F. Mondale as a potential running mate. Years after she left office, her husband was convicted in 1993 for extorting money from underwriters who handled state bond issues.

With bombs and bravado, Trump puts his own stamp on Reagan's 'peace through strength' mantle

It wasn’t so long ago that President Donald Trump spoke of building a legacy as a peacemaker. In his inaugural address, he said he would in part measure his success by “the wars that we end — and perhaps most importantly, the wars we never get into.” But nine months into his second term, Trump is beating a curious path to executing his “peace through strength” foreign policy agenda. That's a phrase he borrowed from Ronald Reagan, who saw building a strong military and economy as the bedrock to Soviet deterrence. Trump's update on the Cold War doctrine includes sharper threats, bombings and no shortage of bravado.

How to spot November's supermoon, the closest of the year

The closest supermoon of the year is approaching in November. It happens when a full moon is closer to Earth in its orbit, making it appear slightly bigger and brighter. Wednesday’s event is the second of three supermoons this year and also the closest. The moon will come within just under 222,000 miles of Earth. The change in the moon’s size can be tough to discern with the naked eye. Supermoons happen a few times a year. A supermoon in October made the moon look somewhat larger. The last supermoon of the year will rise in December.

FBI raid at Idaho horse track shows how immigration is a top focus across law enforcement

A recent FBI-led raid at an Idaho race track shows how immigration is driving federal law enforcement under the Trump administration. More than 200 officers from at least 14 agencies, including U.S. Immigrations and Customs Enforcement and Border Patrol, detained around 400 people. The Oct. 19 operation resulted in just four gambling-related arrests, while 105 people were arrested on suspicion of immigration violations. Local police also participated. Witnesses reported aggressive tactics, including zip-tying children. It's unclear which agency the officers who detained the children were from. The FBI initially said no aggressive tactics were used on children but later amended that statement to say “young children.”

Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

The twin crises at the heart of the government shutdown fight in Washington are coming to a head. The federal food assistance program is facing delays and uncertainty. Meanwhile, millions of Americans are set to see a dramatic rise in health insurance bills. The Trump administration’s plans to freeze payments to the Supplemental Nutrition Assistance Program have been halted by federal judges. But a delay in payouts will still likely leave millions of people short on their grocery bills. The shutdown is the second longest in history and entered its second month on Saturday, yet there's little urgency in Washington to end it.

'The legend lives on': Wreck of the Edmund Fitzgerald still resonates 50 years later

November 10th marks the 50th anniversary of the wreck of the Edmund Fitzgerald, perhaps the most famous of all the estimated 6,500 ships that have gone down in the Great Lakes. The Fitzgerald is remembered while others are forgotten, thanks in large part to Gordon Lightfoot’s 1976 haunting folk ballad memorializing the wreck. The Fitzgerald was the largest ship ever to sink on the Great Lakes. All 29 members on board died. Family members of the crew and those still fascinated by the historic sinking gather each year for ceremonies at cities around the Great Lakes.

Andrew's royal exit is the latest crisis for Britain's monarchy

Britain’s monarchy holds prestige but not power and is subject to public sentiment. This is evident with Andrew Mountbatten Windsor, who was stripped of his title and home by King Charles on Thursday. This move aims to protect the monarchy from scandals related to Andrew's ties with convicted sex offender Jeffrey Epstein. The British monarchy has faced crises before, like the 1917 Titles Deprivation Act and Edward VIII’s abdication in 1936. The monarchy also faced public backlash after Princess Diana's death in 1997. More recently, Prince Harry's estrangement from the family has added to the royal drama.

Ukraine says it hit a key fuel pipeline near Moscow that supplies Russian forces

Ukraine’s military intelligence said it hit an important fuel pipeline in the Moscow region that supplies the Russian army. That's according to a statement on the Telegram channel on Saturday. The military intelligence, known by it's acronym HUR, says the operation was carried out late on Friday and described it as a “serious blow” to Russia’s military logistics. HUR says it struck the Koltsevoy pipeline, which is 400 kilometers long and supplies the Russian army with gasoline, diesel and jet fuel from refineries in Ryazan, Nizhny Novgorod and Moscow. The claim came amid a sustained Russian campaign of massive drone and missile attacks on Ukraine’s energy infrastructure that has brought power outages and restrictions across the country.

Latest remains returned to Israel from Gaza are not bodies of hostages, an Israeli official says

An Israeli military official says the remains of three people handed over by Hamas to the Red Cross this week do not belong to any of the hostages. The official spoke to the Associated Press on Saturday. The Red Cross had said on Friday evening it received the unidentified remains in Gaza and handed them over to Israeli authorities. Since the ceasefire began earlier this month Palestinian militants have released the remains of 17 hostages. Remains of 11 other hostages still remain in Gaza.

Egypt unveils the world's largest museum dedicated to a single civilization

Egypt on Saturday is inaugurating the Grand Egyptian Museum, aiming to boost tourism and revitalize the economy. Located near the Giza Pyramids, it’s the world’s largest museum dedicated to a single civilization. The facility showcases over 50,000 artifacts, including the complete collection of King Tutankhamun's treasures. The museum, a project championed by President Abdel-Fattah el-Sissi, has faced delays since construction began in 2005. The government has improved infrastructure around the site, including roads and a new metro station. Officials hope the museum will attract more tourists, helping to stabilize Egypt's economy.

Dodgers force World Series to deciding Game 7 by holding off Blue Jays 3-1 as Yamamoto wins again

Yoshinobu Yamamoto beat Toronto for the second time in a week, slumping Mookie Betts hit a two-run single in a three-run third inning and the defending champion Los Angeles Dodgers held off the Blue Jays 3-1 to force the World Series to a decisive Game 7. Yamamoto was not quite as sharp as in his Game 2 four-hitter. He lasted six innings and allowed an RBI single in the third by George Springer, who returned after missing two games with an injury to his right side. Rookie relievers Justin Wrobleski and Roki Sasaki combined for six outs before starter Tyler Glasnow came out of the bullpen to escape a ninth-inning jam and rescue the Dodgers.

Heidi Klum reveals her much-anticipated 2025 Halloween costume

Heidi Klum has revealed her latest Halloween costume, donning green scales and squirming snakes to transform herself into Medusa. Klum says she loves the Greek myth in which a goddess turns a beautiful woman into a monster with serpents for hair, the sight of which turns living things around her to stone. Klum said she spent 10 hours getting into costume for her annual Halloween party. Klum’s husband dressed as a man turned to stone. The supermodel-turned-TV personality went viral in 2022 when she arrived at her party on the end of a fishing line, encased in a slithering worm costume.

Without the song, 'The Wreck of the Edmund Fitzgerald' may have been largely forgotten

Without Gordon Lightfoot’s song, the Edmund Fitzgerald could have faded from memory along with the names of the roughly 6,500 other ships that went down in the Great Lakes before it. Lightfoot was inspired to write his ode to the Fitzgerald and the 29 men who died on board after reading the first Associated Press story about the wreck and a Nov. 24, 1975, article in Newsweek magazine. His song was released in August 1976, less than a year after the ship was lost. John Bacon, author of “The Gales of November,” says the song has made the Edmund Fitzgerald “by far the most famous Great Lakes shipwreck.”

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