United States · Business
Same event, multiple sources, transparently cited.
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Berkshire Hathaway Buys $2.65B Delta Stake, Cuts Chevron Holdings by $8 Billion
Berkshire Hathaway bought $2.65 billion of Delta Air Lines shares and cut Chevron stock by $8 billion in Q1 2026.
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Berkshire Hathaway sold $8 billion in Chevron shares amid record-high stock prices
Berkshire Hathaway sold about $8 billion in Chevron shares in Q1 2026, cutting its stake by one third to 4.2%.
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US AI-Exposed Occupations Lose Jobs While Overall Employment Grows in 2025
Between May 2024 and May 2025, 18 AI-exposed US occupations lost 0.2% of jobs, cutting about 10 million roles amid overall 0.8% employment growth.
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Berkshire Hathaway buys $2.6 billion stake in Delta Air Lines, returns to airlines
Berkshire Hathaway acquired 39.8 million Delta Air Lines shares worth $2.6 billion, marking its return to the airline industry in Q1 2026.
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Bitcoin Drops Below $79,000 Amid Inflation and Rising Oil Prices
Bitcoin fell 3.4% on May 15 to $78,600 as inflation and oil price fears triggered a selloff in cryptocurrencies and stocks.
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Disney releases new Star Wars film 'The Mandalorian and Grogu' amid mixed fan interest
Disney released 'The Mandalorian and Grogu' globally on May 22, its first Star Wars movie in seven years, amid mostly negative reviews and tepid fan enthusiasm.
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Andy Burnham's Labour leadership bid fuels market uncertainty in UK
Andy Burnham challenges Keir Starmer for Labour leadership, sparking investor worry over UK borrowing and taxation plans.
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Bank of America warns US stock market ripe for profit-taking in early June
Bank of America strategists say the US stock market may face profit-taking in early June amid inflation and record highs.
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Dell shares surge up to 33% on record quarterly revenue driven by AI server demand
Dell reported an 88% rise in quarterly revenue fueled by a 757% jump in AI server sales, sending shares up to 33% this week.
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Asian Central Banks' Sharp Rate Hikes Fail to Stabilize Currencies Amid Oil Price Pressure
Asian central banks raised interest rates aggressively to support currencies, but most currencies remain volatile or weaker as of late May 2026.
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Lenovo Shares More Than Double in May 2026, Driven by AI Revenue Growth
Lenovo's shares more than doubled in May, fueled by an 84% jump in AI-related revenue and strong demand for AI servers.
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Social media giants settle Kentucky school lawsuit for $27 million over teen mental health claims
Meta, Snap, TikTok parent ByteDance, and YouTube agreed to pay $27 million to settle a lawsuit filed by Breathitt County School District.
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Federal Reserve officials stress commitment to controlling inflation above 2% target
Fed officials Jeff Schmid and Neel Kashkari reaffirm focus on reducing inflation above 2% over five years amid labor market stability.
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Malaysia demands refund from Norway after missile deal cancellation, seeks US alternatives
Malaysia called on Norway to expedite refunds following Norway's revocation of a €124 million naval missile contract, while exploring US missile options.
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CNN sues Perplexity AI for copying over 17,000 stories and images without permission
CNN filed a copyright lawsuit against Perplexity on May 28, alleging unauthorized scraping and reuse of CNN content in AI products.
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Iran war drives inflation concerns as ECB, Fed weigh policy responses
The Iran war’s impact on energy costs has raised inflation risks, prompting central banks to consider further rate hikes.
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Trump claims Iran peace deal includes Strait of Hormuz access and nuclear disarmament
Donald Trump said he could approve an Iran peace deal with major concessions, including opening the Strait of Hormuz and ending Iran's nuclear program.
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Kane Parsons' low-budget horror Backrooms breaks box office records with $81.5M debut
20-year-old director Kane Parsons' Backrooms earned about $81.5 million domestically, setting records for original horror films and studio A24.
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SpaceX CEO Musk clarifies six-month lease with Anthropic despite IPO filings
Elon Musk said SpaceX’s Colossus AI compute lease with Anthropic is a six-month deal with mutual 90-day cancellation, contradicting IPO details claiming multi-year commitments.
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US Opens Ebola Quarantine Center in Kenya for Americans Exposed in Congo
The US is building a 50-bed quarantine center in Kenya for Americans exposed to Ebola in the DRC, with sick patients possibly sent to Europe for treatment.
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Nick Bilton Named Executive Producer of CBS's 60 Minutes
Nick Bilton was appointed executive producer of 60 Minutes on May 28, replacing Tanya Simon after a year in charge.
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Kevin Warsh sworn in as Federal Reserve chairman amid rising inflation pressures
Kevin Warsh was sworn in as Federal Reserve chairman at the White House on May 21, facing high inflation and market uncertainty.
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Ferrari unveils Luce, first fully electric car, as shares drop amid criticism
Ferrari revealed its Luce electric sedan May 25 in Rome, facing mixed reviews and a 7-8% share decline the next day.
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US CFTC Seeks to Vacate $5 Million Penalty Against Winklevoss' Gemini Crypto Exchange
The US Commodity Futures Trading Commission asked a judge to vacate a $5 million fine and injunction against Gemini Trust Company, founded by the Winklevoss twins.