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Berkshire Hathaway’s cash pile hits record as Buffett cuts stake in Apple
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Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Preakness Stakes 2024 predictions, picks, horses, odds, time: Best bets from expert who hit last year's winner
Gene Menez, who called National Treasure to win last year's Run for the Back-Eyed Susans, has made his picks and bets for the 149th Preakness Stakes on Saturday at Pimlico Race CourseCBS Sports - Sports -
Cash Crunch May Force Sale of Stability AI
As tech giants start to dominate the artificial intelligence market, smaller players feel the squeeze.Inc. - Business -
How Rich Candidates Burned Cash on Running for Office
It is a time-honored tradition in U.S. politics: wealthy people burning through their fortunes to ultimately lose an election.The New York Times - Top stories -
Throwing cash in the air - Nigeria's wedding dilemma
Spraying money - flinging cash at the happy couple - is a highlight of many ceremonies but is illegal.BBC News - Top stories -
Pressure piles on Wales' first minister as Plaid ends deal
Rhun ap Iorwerth says he remains "deeply concerned" by the first minister's £200,000 donation.BBC News - Top stories
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Russian court seizes assets worth €463mn from Italy’s UniCredit
Move follows dispute with a subsidiary of Gazprom over guarantees made to German group LindeFinancial Times - Business - Russia -
Tories scout for post-election jobs as UK parties dial up campaign mode
With a poll date still unknown, concerns grow over Labour readiness for officeFinancial Times - Business - United Kingdom -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business