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Donald Trump Was rushed off stage after an incidents of what thought to be gunshots (Instagram Post)

 

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Berkshire Sells $1.48B Bank of America Shares

  Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed. After the sale, Berkshire owned about 999 million BofA shares. Berkshire is one of the Charlotte, North Carolina-based lender's largest shareholder. It also invests in several other banks, including Wells Fargo & Co  (WFC.N)] Buffett had invested $5 billion in the bank in 2011 in exchange for preferred stock and the right to buy common shares, providing a vital signal of confidence in the lender after the financial crisis. The cash infusion had quelled doubts about whether the bank had enough capital, and its shares soon surged, creating a massive paper profit for Berkshire. Buffett eventually used those rights and additional share purchases to build up a stake that swelled into one of Berkshire’s largest stock holdings. The billionaire’s lengthy investment has also served as a vote of confidence in the stewardshi...
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Oil tanker Marlin Luanda caught fire in Red Sea after missile attack by Yemen's Houthi fighters

  The 25 crew members of a Greek-owned and flagged oil tanker have been rescued by a European warship in the Red Sea after multiple attacks on Wednesday. The Sounion, which is carrying 150,000 tonnes of crude oil, was first hit by gunfire from two small boats which approached it 77 nautical miles (143km) west of the Yemeni port of Hudaydah, the UK Maritime Trade Operations (UKMTO) office said. Later, the ship was struck by three unidentified projectiles, which sparked a fire and left it without engine power, it added. No group has claimed responsibility for the attack, but US officials blamed Yemen-based Houthis. The group has launched multiple attacks on shipping in the Red Sea. On Thursday, EU's Red Sea naval mission said one of its ships had destroyed an unmanned surface vessel (USV) as it rescued all of those on board and transported them to Djibouti. “The MV Sounion now represents a navigational and environmental hazard,”  EUNAVFOR warned . “It is essential that everyone ...
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