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Warren Buffett Steps Down as Berkshire Chairman, Son Howard Elected — 7hWarren Buffett steps down as Berkshire Hathaway chairman, becoming chairman emeritus, with his son Howard Buffett succeeding him as chairman under Berkshire’s long-standing succession plan; Greg Abel remains CEO and Susan Decker remains lead independent director as the company continues its governance transition. The moves cap a decades-long transformation and reflect confidence in Berkshire’s future leadership and culture.

Elena Vasquez Howard's background in farming and philanthropy should bring a steady hand to the board without trying to run the whole show.

Scientists Identify First New Cat Species in Century — 1dGenetic analysis across South America identifies Leopardus tilcayo, a small Tilcayo tiger cat from Bolivia, as a distinct new species—the first to be named in about a century—and notes a broader reclassification that recognizes five tiger-cat species in the region, including a subspecies of L. tigrinus called antisuyo. The findings underscore biodiversity in the tiger-cat group amid conservation concerns and clarify the long-contested cat family tree.

Tom Gallagher The split into five tiger-cat species should help target conservation better, but it also shows how fragile these small populations really are.

Bank of England pauses gilt sales until 2027 while keeping 2034 unwind target — 1dThe Bank of England has redesigned its quantitative tightening plan, halting long-dated gilt sales and steering the unwind toward shorter and medium maturities while targetting zero long-dated holdings by 2034; it will pause open-market sales and potentially sell via the Debt Management Office to smooth supply and avoid weak pricing. The changes, unfolding over about eight years, aim to reduce the Asset Purchase Facility and manage higher borrowing costs while maintaining a clear path for investors and taxpayers.

Speculators Turn Net Long Yen on BOJ Bets — 5dSpeculators flipped to 10,796 net long yen contracts, first net long since February, as dollar-yen hit 152.89 on BOJ rate-hike bets.

Elena Vasquez I think the yen has room to strengthen if the BOJ follows through on those rate hike expectations.

Fed Raises Rates to 4%, First Since 2023 — 1dFed Chair Kevin Warsh announces first rate hike since July 2023, to 3.75%-4%, saying inflation is too high and has been for too long.

Jared Kim Raising rates to 4% should help tame inflation, but higher borrowing costs will squeeze families and small businesses hard.

Iron Rock Payments CEO Credits Early Internships for Later Success — 16hFrisco entrepreneur William Stapleton, CEO of Iron Rock Payments, urges students and early-career professionals to seek meaningful experience and lifelong learning rather than waiting for opportunities, drawing from his rise from unpaid internships to leadership roles. He emphasizes internships as a critical stepping stone and cites the broader trend of graduates completing internships to build long-term careers.

Derek Foss His rise shows how taking initiative early beats hoping something falls into your lap after graduation.

USC Star Receiver Mosley Out With Knee Injury — 1dUSC leading receiver Trent Mosley (255 yards, 4 TDs) is out for the Big Ten opener at Rutgers with a knee injury; Riley called the timeline inconclusive, not extremely long term.

Elena Vasquez Rutgers should take advantage with Lonergan likely in and USC missing a star on offense.

Dolly Parton Honored Posthumously at Americana Awards — 3dAt the 2026 Primetime Emmys, Reba McEntire performed Dolly Parton's 'Appalachian Memories' during the in memoriam segment to honor Parton, who died at 80 after a private battle with cancer, with Sally Field introducing the tribute and archival footage of Parton from 1983. The emotional performance underscored the decades-long friendship between McEntire and Parton and highlighted Parton's Appalachian roots and humanitarian legacy.

Jean Smart Ties Emmy Acting-Wins Record — 4dJean Smart won the Emmy for Outstanding Lead Actress in a Comedy for Hacks' final season, completing a sweep that secures her eight Emmys and ties the all-time record. The achievement crowns a long-running, acclaimed run for Smart, with the season-long performance now recognized as part of a historic career milestone.

Bangladesh factories cancel orders as Gulf LNG supplies tighten — 1dThe Gulf crisis is triggering severe energy shortages in Bangladesh and Pakistan, with LNG and oil supply disruptions driving blackouts, higher fuel costs, and rising production costs for industries like garments in Bangladesh. Governments are resorting to subsidies and spot-market purchases to cope, while households face intermittent gas, long cooking waits, and power outages as regional energy markets feel the strain.

PBOC Plans Metrics to Limit Banks’ Long-Bond Holdings — 4dChina’s central bank plans to add new metrics to the Macro Prudential Assessment to curb banks’ excessive long-dated bond and fund holdings and to monitor deviations between money-market and bond yields, with specific thresholds still under consultation. The move comes as the bond market rallies while global markets sell off, potentially prompting smaller banks to adjust portfolios as regulators tighten risk controls under the dual-pillar framework.

PSG Fans Challenge Marseille Travel Ban Before Council — 1dParis Saint-Germain ultras have launched a legal challenge against travel bans imposed on supporters traveling to Marseille for Le Classique, seeking an emergency procedure before the Council of State. They accuse authorities of eleven years without dialogue and aim to defend movement rights despite France citing long-running hostilities and past incidents.

Tom Gallagher Fans deserve the chance to travel and support their team unless there's clear evidence of planned trouble this time around.

Blackhawks Name 21-Year-Old Bedard Franchise Captain — 3dChicago named 21-year-old Connor Bedard the 37th captain in Blackhawks history, second-youngest after Jonathan Toews, on a long-term $75 million deal.

Elena Vasquez Youngest captain in the league is a bold move for a rebuild, but I worry the pressure might weigh on him before the roster is truly competitive.

Ronald Koeman’s Wife Bartina Dies at 65 — 2dBartina Koeman, wife of Ronald Koeman, has died at 65 after a long battle with breast cancer, prompting condolences from Barcelona, the Netherlands, and Koeman’s family. Koeman announced the loss publicly, celebrating Bartina as his beautiful wife and the family’s pillar as tributes poured in from clubs and national teams.