Gateway to the West, a Midwestern hub at the Missouri River
The FAA has opened a safety review after Marine One, carrying the president, has had a momentary loss of separation with a commercial regional jet departing Ronald Reagan Washington National Airport on Tuesday afternoon. Both aircraft have landed safely; the NTSB is gathering information and considering an investigation.
Berkshire Hathaway has reduced its cash pile to $365.5 billion and heavily increased stock buybacks and equity purchases in Q2 under new CEO Greg Abel, signaling a shift in capital allocation while Buffett remains involved as chairman.
Berkshire Hathaway has increased its Alphabet stake to about 106 million shares—valued near $37.8 billion as of June 30—while expanding in Delta Air Lines and Lennar, and trimming holdings in several financial stocks. The shift comes under CEO Greg Abel, with Warren Buffett remaining involved but not dictating every move. The quarter also shows Berkshire’s cash pile declining as it deploys capital.
Omaha Public Schools have halted the use of the G.L.O.V.E. gloves after an Associated Press investigation revealed ICE's plan to distribute them. Superintendent Matthew Ray says he learned of the devices only last week, and the police department had demonstrated their use, claiming quick compliance with little force. The gloves were used twice in the 2025–26 school year; police will continue to carry other restraints.
Berkshire Hathaway has expanded its Alphabet stake and outlines how it plans to use energy assets to support hyperscale computing, while facing renewed community resistance to data-centre projects. Abel says Berkshire will sell energy to AI customers only if it wouldn’t raise costs for other customers, and Buffett’s Alphabet investment continues to loom large as AI reshapes the portfolio.
The US has opened a border crossing for Mexican cattle as concerns over the New World screwworm lessen. Authorities plan a phased reopening of additional crossings while Trump pushes a 90-day tariff-free import surge of ground beef to lower prices, though ranchers warn it risks hollowing domestic herd expansion.
College football is contending with a wave of lawsuits and conference rules as new NCAA five-year eligibility rules collide with court orders. Schools are barring players returning from professional stints and lawsuits are reshaping rosters ahead of Week 1. The landscape is changing as conferences push uniform restrictions.
The Independent reports a proposed, ongoing plan to boost Social Security benefits for most current beneficiaries, alongside changes to how future COLAs are calculated. The plan, part of Sanders’s Social Security Expansion Act, would tax earnings above $250,000 and is described as a response to long-term insolvency concerns facing the program. No start date is set, as the measure remains a proposal awaiting congressional action.
Sen. John Fetterman has recorded a one-minute video praising Republican Sen. Dave McCormick and saying he will work with President Trump to defend Pennsylvania’s steel industry. The clip has intensified Democratic doubts about Fetterman’s party loyalty, prompted fresh talk of a possible party switch and handed Republicans a high‑profile talking point ahead of the Nov. 3 midterms.
An Amazon Prime Air Boeing 767-300 has overrun the runway while landing at Miami International Airport after a flight from San Juan, Puerto Rico. The plane struck multiple vehicles on a road beside the airport, killing five people and injuring at least five others. The NTSB has dispatched investigators and the FAA has grounded flights at the airport.
An Amazon Air cargo flight overshot the runway at Miami International Airport, striking vehicles and causing multiple fatalities. Investigators have recovered flight records and are examining weather, speed, and crew actions. Two runways remain closed as the response and probe continue.
Republicans have held a two-day midterm convention in Dallas dominated by President Donald Trump and Vice‑President JD Vance. Vance has delivered a high-profile 40-minute speech that elevated his status as a potential 2028 standard-bearer while Trump has repeated ambitious claims — including a $5,000 payment pledge — and rhetoric that multiple outlets say includes misleading assertions about investment and the economy.
Warren Buffett has stepped down as chairman of Berkshire Hathaway and has become chairman emeritus, remaining on the board. His son, Howard Buffett, has become non-executive chairman while Greg Abel continues as chief executive. The move completes a long‑planned succession more than nine months after Buffett handed the CEO role to Abel.
Two major venues have been selected for high-profile European football events and a global volleyball tournament rollout. The National Stadium of Wales will host the 2029 UEFA Women’s Champions League final in Cardiff, while Munich hosts the 2028 men’s Champions League final and Parc Olympique Lyonnais hosts the 2028 women’s final. The 32-nation volleyball World Cup will be staged in North America this August with games in Omaha, Orlando, and California’s Honda Center, ahead of the 2028 Olympics bid.