Warren Buffett, in his annual letter, admitted making mistakes at Berkshire Hathaway, particularly in capital allocation and hiring decisions. He stressed the importance of promptly correcting errors and criticized the corporate culture that avoids discussing mistakes. His open approach contrasts with other companies' narratives, reinforcing his commitment to transparency and accountability.
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Kamala Harris officially certified Donald Trump's presidency as the 47th US president, despite losing to him in the 2024 elections. This constitutional procedure took place exactly four years after the Capitol riot. Harris expressed commitment to her duty in the certification process, emphasizing the importance of a peaceful transfer of power.
Forbes ranks the United States as the most powerful country in 2025, followed by China and Russia. India's position at 12th was unexpected despite its notable economic and military strengths. Factors such as leadership, economic influence, political power, international alliances, and military strength are used for the rankings, developed by researchers from the University of Pennsylvania.
Prime Minister Benjamin Netanyahu declared Israel is ready to resume fighting in Gaza if needed. Netanyahu emphasized Israel's intention to complete war objectives against Hamas. A scheduled Palestinian prisoner release was halted by Israel due to Hamas's actions. Hamas criticized the move, warning it threatens the ongoing truce, which began on January 19.
Ricci Wynne, a social media influencer known for exposing San Francisco's darker side, has been charged with producing child pornography and human trafficking. Accused of coercing minors into explicit acts for profit, Wynne faces significant legal consequences if convicted.
President Biden granted clemency to nearly 1,500 individuals, including four Indian-Americans convicted of fraud and drug-related offenses. The commutations, the largest single-day act of this kind in recent history, aimed to address sentencing disparities and offer second chances to those demonstrating rehabilitation.
Iowa has removed gender identity protections from its civil rights code, making it the first state to do so. The law, signed by Governor Kim Reynolds, takes effect on July 1 and has ignited opposition from LGBTQ+ advocates concerned about potential discrimination and legal challenges.
Britain still loves to see itself as a military heavyweight, but the reality is far less grand. With troop numbers falling, recruitment in crisis, and defense spending stretched thin, the UK's promise to send troops to Ukraine is more fantasy than fact. The British Army is shrinking, with more soldiers leaving than enlisting, and its budget isn’t keeping up with global ambitions. Even if there were enough troops, the logistical nightmare of deploying them into an active war zone—without... Expand
Pete Hegseth was confirmed as defense secretary following a dramatic late-night Senate vote highlighted by behavioural accusations and a 50-50 split. Vice President JD Vance cast the tiebreaking vote. Concerns over Hegseth's past conduct and statements were evident in the dissenting votes from three Republican senators.
Researchers at the Wuhan Institute of Virology have discovered a new coronavirus in bats named HKU5-CoV-2, which closely resembles the Covid-19 strain. The virus has the potential for animal-to-human transmission, although no human infections have been recorded so far. The discovery raises concerns about the virus's similarity to SARS-CoV-2 and its potential implications.
A brief video clip capturing a microphone accidentally bumping into Donald Trump's face has gone viral.