Duffy pulls $40M from California over English-only trucker rule

Department of Transport (DOT) announced on wednesday It is withholding more than $40 million in federal highway safety funds from California due to the state failing to follow English language proficiency guidelines for commercial drivers. “I put states on notice this summer: Enforce the Trump administration’s English language requirements or the checks will stop coming,”…

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What stock buybacks mean for investors

Greg Abel, the new CEO of Berkshire Hathaway, announced on March 5 on CNBC’s “Squawk Box” that the company would start repurchasing shares of its own stock. For Berkshire, this is a relative rarity — the company hasn’t bought back shares since the second quarter of 2024. But for companies like Berkshire, a financially mature…

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