Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

Squishmallow display the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 1, 2026. Sarah Min | CNBC OMAHA, Nebraska — At the cavernous exhibit hall inside CHI Health Center Omaha, the annual “Berkshire Bazaar of Bargains” is still stocked with fan-favorite deals, just with a bit more breathing room this year. The 20,000-square-foot…

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Brent crude tops $121 as U.S. military to reportedly brief Trump on potential action against Iran

Alexander Manzyuk | Reuters Oil extended gains as a report suggested the U.S. military would brief President Donald Trump on potential action against Iran, raising worries that armed conflict could resume, building on the American blockade of Iranian exports. Axios reported Thursday that the U.S. Central Command was set to present Trump plans for potential…

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Bill Ackman’s Pershing Square USA starts trading well below IPO price

Bill Ackman’s long-awaited push into public markets debuted Wednesday, marking a scaled-back but still ambitious step toward building a Berkshire Hathaway-like investment platform. The Pershing Square Capital Management founder’s combined initial public offering raised $5 billion, pricing at the low end of expectations after marketing a deal that initially targeted between $5 billion and $10…

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