Berkshire CEO Greg Abel on working with Buffett, Kraft Heinz and using all his salary to buy the stock

The stocks erased some of those losses to end the week down around 1.2%. CNBC.com’s Yun Li quotes Keefe, Bruyette & Woods analyst Meyer Shields as saying he views “both the resumed share repurchases and Greg’s commitment to annual buying as positives, but they don’t change the earnings challenges at units like GEICO or Berkshire Hathaway…

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Trump says Iran 'will be hit very hard' despite apology for striking neighbors

President Trump vowed early Saturday to continue US military operations against Iran, declaring the country would suffer “very heavy losses”, even as its president apologized for attacks against regional neighbors. “Today Iran will be hit very heavily! Because of Iran’s bad behavior, these areas are under serious consideration for complete destruction and certain death… Source…

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Noem's ouster leaves open questions about FEMA's future

Questions are resurfacing about the future of the Federal Emergency Management Agency (FEMA) due to the impending departure of Homeland Security Secretary Kristi Noem. Both Noem and President Trump have sought to dramatically reshape the nation’s disaster response agency. The most controversial changes so far include Noem’s policy of personally reviewing spending over $100,000… Source…

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