Buffett’s Berkshire sees profit fall amid wildfire losses, draws thousands to Omaha meeting – Times of India

Buffett’s Berkshire sees profit fall amid wildfire losses, draws thousands to Omaha meeting – Times of India

Warren Buffett’s Berkshire Hathaway reported significantly lower profits Saturday morning, posting just over one-third of last year’s earnings—moments before thousands of shareholders poured into an Omaha arena to hear from the legendary investor himself.The drop in profits was largely due to a steep decline in the value of Berkshire’s investments and $860 million in insurance…

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Israel faces national danger amid raging wildfire, people abandon vehicles, flee

Israel faces national danger amid raging wildfire, people abandon vehicles, flee

A massive wildfire sweeping through the outskirts of Jerusalem has triggered a national emergency in Israel, forcing thousands of residents to evacuate and sending thick plumes of smoke over the country’s capital. The blaze, described by authorities as one of the largest in the nation’s history, erupted on Wednesday-coinciding with Israel’s Memorial Day for fallen…

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Los Angeles wildfire: LA school district allocates over  billion to rebuild damaged schools – The Times of India

Los Angeles wildfire: LA school district allocates over $2 billion to rebuild damaged schools – The Times of India

The Los Angeles Unified School District Superintendent, Alberto Carvalho, has announced that the district will repair or rebuild the three schools damaged in the Los Angeles wildfire and will also renovate all district campuses to be more natural disaster resilient. He further stated that the district will allocate $2.2 billion for these efforts, as reported…

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Australia’s southeast braces for extreme wildfire risk amid sweltering heatwave

Australia’s southeast braces for extreme wildfire risk amid sweltering heatwave

Australia’s southeast sweltered in a heatwave on Monday, raising the bushfire risk and prompting authorities to issue fire bans for several parts of Victoria state. The extreme temperatures brought back memories of the catastrophic 2019-2020 “Black Summer” that saw fires destroy an area the size of Turkey, killing 33 people and billions of animals. On…

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