Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities. The legendary investor, who’s turning 94 in August, converted 8,674 of his Berkshire Class A shares to donate more than 13 million Class B shares, according to a statement Friday. A total of 9.93 million shares went to the Bill & ...
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain on Thursday morning announced quarterly earnings that fell short of Wall Street expectations. Walgreens’ stock price dropped 22% on the day. In an interview with CNBC, CEO Tim Wentworth said the company now forecasts weaker ...
The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering costs for certain older Americans enrolled in Medicare. President Joe Biden has made lowering U.S. drug prices a key pillar of his health-care agenda and reelection platform for 2024. A provision of Biden’s Inflation Reduction Act requires drugmakers to pay rebates to Medicare, the federal health program ...
San Diego’s newest giant pandas are en route from China to California, according to Chinese state media – marking the first time Beijing has granted new panda loans to the United States in two decades. The two pandas, Yun Chuan and Xin Bao, left the Bifengxia base of the China Conservation and Research Center for the Giant Panda in Sichuan ...
WikiLeaks founder Julian Assange will take a dip in the sea, get some proper rest and try much-missed food as “a free man,” his wife has revealed, a day after the Australian landed home after striking a remarkable plea deal with US prosecutors. The 52-year-old on Monday left the British prison from where he had been fighting against extradition to ...
France’s snap parliamentary election is one of the most momentous in decades, for both the country and the rest of Europe. Within two weeks, France could have a hard-left or hard-right government – or descend into political deadlock if no bloc wins a majority, leaving Paris hamstrung as problems mount at home and abroad. The election will take place over ...
Roba Abu Jibba looked shell-shocked as the doctor delivered his news: She couldn’t have the operation she desperately wanted. She nervously scrunched the fabric of her dress, fighting off the tears that began flooding her one remaining eye. The 19-year-old Palestinian woman had pinned all her hopes on getting a prosthetic eye after suffering life-changing injuries in an Israeli strike ...
Washington was released on bail and transferred to the Kadena US Air Base in Okinawa for custody, according to a government spokesperson. His trial will begin July 12, according to the Naha District Court spokesperson. The prosecution comes at a time when Washington and Tokyo are deepening their military alliance – in part as geopolitical tensions rise with both China ...
International banks are playing a significant role in the Myanmar military junta’s ability to carry out its systematic and deadly assault on its people, a new United Nations-backed report has found. Thai banks have now become the main source through which the Myanmar military is buying weapons and military supplies – including parts for helicopter gunships – used to support its ...
Bolivia’s President Luis Arce denounced the “irregular mobilization of certain units of the Bolivian military” in La Paz on Wednesday in a post on X amid claims that the army was mounting a coup. “You need to respect democracy,” he said. Military tanks were reportedly positioned around a main square in La Paz where the national executive and legislative offices ...