Berkshire Hathaway’s New CEO Initiates $6.8 Billion Homebuilder Acquisition
Greg Abel departs from Warren Buffett’s hands-off style, announcing acquisition of Taylor Morrison to consolidate Berkshire Hathaway’s homebuilding operations.
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Corporate Power
Crypto & Fintech
Crypto Theft Declines but Physical Attacks on Crypto Holders Surge Worldwide
While May 2026 saw $68 million lost to crypto hacks, a sharp rise in violent physical attacks against crypto holders poses a growing threat that digital security alone cannot prevent.
Corporate Power
San Francisco Mayor Proposes $17 Billion Budget Boosting Police and Firefighter Pay While Cutting Nonprofit Jobs
San Francisco’s $16.9 billion budget increases police and firefighter salaries significantly, avoids widespread municipal layoffs, but cuts nonprofit contracts amid ongoing fiscal challenges.
Crypto & Fintech
Bitcoin’s Record Long-Term Holder Supply Fails to Lift Price Amid Weak Demand
Despite Bitcoin reaching an all-time high in long-term holder supply, lack of new buyer demand challenges the traditional bullish outlook and stalls price growth.
Corporate Power
HPE’s Strong AI Server Sales Drive Surging Earnings and Stock Price
Hewlett Packard Enterprise outperforms expectations with robust AI server demand, sharply boosting earnings, revenue, and raising its full-year outlook.
Trade & Tariffs
US Export Controls Allowed Advanced AI Chips to Reach China Through Loophole
US senators accuse the Trump administration of permitting a gap in export rules that may have enabled advanced AI chips to go to Chinese firms, potentially aiding military use.
Corporate Power
Drag Activist Pattie Gonia Urges Patagonia to Withdraw Trademark Lawsuit
Drag performer and environmental activist Pattie Gonia has called on Patagonia to drop its trademark lawsuit that threatens her brand and activism efforts.
Crypto & Fintech
AI-Fueled Crypto Scams Surge as SEC Targets $12 Million Fraud Scheme
Fraudsters increasingly exploit AI in crypto scams, with cases rising sharply and the SEC charging an alleged $12.3 million Ponzi operation under an AI trading guise.
Markets & Macro
Evanston launches multi-phase street resurfacing across seven neighborhoods
Over the next 12 weeks, Evanston will upgrade seven street segments with resurfacing, curb repairs, sewer work, and ADA improvements at no cost to residents.
Crypto & Fintech
Bitcoin Volatility Hits Multi-Month Low as Analysts Anticipate Major Price Movement
Bitcoin’s realized volatility has plunged significantly, signaling a possible 10-20% price swing, while market indicators show cautious investor behavior amid price compression.