5713 comments

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• Tuesday, 23 December 2025 23:47 posted by Ronaldsault Comment Link

  You don’t get labeled the “Oracle of Omaha” for nothing.
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  As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street.
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  Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company.
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  But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.
  
  Here’s just a sampling:
  
  Don’t lose money
  “The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule.”
  
  
  Buffett is best known as a value investor – someone who buys companies he believes are undervalued. “If you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money,” he explained on Adam Smith’s Money World.
  
  
  But Buffett’s advice also speaks to the need to diversify risk.
  
  “It’s the foundation of how I manage client money,” said certified financial planner and CPA Brian Kearns. “Investing is about growth, but it is also about capital preservation. … Find reasonably priced investments … but don’t risk too much of your net worth on one idea.”
  
  It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.
  
  Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, in 2008.
  Warren Buffett's life in pictures
  42 photos
  Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
  Focus on the essentials
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• Tuesday, 23 December 2025 22:51 posted by ZacharySer Comment Link

  In the latest blow to the US offshore wind industry, the Trump administration announced Monday it is suspending the federal leases for all large offshore wind projects currently under construction, citing unspecified national security risks.
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  It marks a major escalation in President Donald Trump’s attacks against offshore wind, a form of energy he has long railed against. The suspension could impact billions of dollars of investment and stall nearly six gigawatts of new electricity set to come online in the next few years.
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  The new sweeping order impacts five projects being built in the Atlantic Ocean, including a massive Virginia offshore wind farm that could eventually be the largest such project in the nation. Set to be completed by the end of 2026, it would supply electricity to Virginia, the state with the world’s largest cluster of power-hungry data centers — and skyrocketing energy costs partially tied to that growing demand. Other wind farms impacted are off the coast of New England.
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  The exact national security risks of concern are unclear. In a news release, the Interior Department cited “national security risks identified by the Department of War in recently completed classified reports,” but didn’t say specifically what those risks were. The release also noted the potential for wind turbine movement and light reflectivity to interfere with radar.
  
  In a Monday Fox Business interview, Interior Sec. Doug Burgum said the Department of Defense has “conclusively” determined that large offshore wind farms “have created radar interference that creates a genuine risk for the US,” especially “our east coast population centers.”
  
  A Department of Defense official said it is working with Interior and other agencies to “assess the possibility of mitigating the national security risks posed by these projects” but had no additional comment.
  
  Last year, Sweden blocked the construction of new wind farms over concerns they could interfere with military radar, amid heightened tensions between the European Union? and Russia. But experts have noted the design of wind farms can be adjusted to account for the issue, and it’s something US government officials have been aware of for decades.
  
  Virginia Sens. Mark Warner and Tim Kaine, who serve on the Senate Intelligence and Armed Services committees, respectively, said the administration had “failed to share any new information” justifying the sudden pause.
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• Tuesday, 23 December 2025 17:52 posted by Rickyrhilk Comment Link

  In the latest blow to the US offshore wind industry, the Trump administration announced Monday it is suspending the federal leases for all large offshore wind projects currently under construction, citing unspecified national security risks.
  tripscan top
  It marks a major escalation in President Donald Trump’s attacks against offshore wind, a form of energy he has long railed against. The suspension could impact billions of dollars of investment and stall nearly six gigawatts of new electricity set to come online in the next few years.
  трипскан вход
  The new sweeping order impacts five projects being built in the Atlantic Ocean, including a massive Virginia offshore wind farm that could eventually be the largest such project in the nation. Set to be completed by the end of 2026, it would supply electricity to Virginia, the state with the world’s largest cluster of power-hungry data centers — and skyrocketing energy costs partially tied to that growing demand. Other wind farms impacted are off the coast of New England.
  tripscan top
  The exact national security risks of concern are unclear. In a news release, the Interior Department cited “national security risks identified by the Department of War in recently completed classified reports,” but didn’t say specifically what those risks were. The release also noted the potential for wind turbine movement and light reflectivity to interfere with radar.
  
  In a Monday Fox Business interview, Interior Sec. Doug Burgum said the Department of Defense has “conclusively” determined that large offshore wind farms “have created radar interference that creates a genuine risk for the US,” especially “our east coast population centers.”
  
  A Department of Defense official said it is working with Interior and other agencies to “assess the possibility of mitigating the national security risks posed by these projects” but had no additional comment.
  
  Last year, Sweden blocked the construction of new wind farms over concerns they could interfere with military radar, amid heightened tensions between the European Union? and Russia. But experts have noted the design of wind farms can be adjusted to account for the issue, and it’s something US government officials have been aware of for decades.
  
  Virginia Sens. Mark Warner and Tim Kaine, who serve on the Senate Intelligence and Armed Services committees, respectively, said the administration had “failed to share any new information” justifying the sudden pause.
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• Tuesday, 23 December 2025 16:01 posted by homepage Comment Link

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• Tuesday, 23 December 2025 15:44 posted by Carltonkek Comment Link

  CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway.
  mine exchange
  On Monday, some Canadian viewers noticed that the pre-planned “60 Minutes” episode was published on a streaming platform owned by Global TV, the network that has the rights to “60 Minutes” in Canada.
  mine.exchange
  The preplanned episode led with correspondent Sharyn Alfonsi’s story — the one that Weiss stopped from airing in the US because she said it was “not ready.”
  mine.exchange
  Several Canadian viewers shared clips and summaries of the story on social media, and within hours, the videos went viral on platforms like Reddit and Bluesky.
  
  “Watch fast,” one of the Canadian viewers wrote on Bluesky, predicting that CBS would try to have the videos taken offline.
  
  Related article
  The Free Press' Honestly with Bari Weiss (pictured) hosts Senator Ted Cruz presented by Uber and X on January 18, 2025 in Washington, DC.
  Inside the Bari Weiss decision that led to a ‘60 Minutes’ crisis
  
  Progressive Substack writers and commentators blasted out the clips and urged people to share them. “This could wind up being the most-watched newsmagazine segment in television history,” the high-profile Trump antagonist George Conway commented on X.
  
  A CBS News spokesperson had no immediate comment on the astonishing turn of events.
  
  Alfonsi’s report was weeks in the making. Weiss screened it for the first time last Thursday night. The story was finalized on Friday, according to CBS sources, and was announced in a press release that same day.
  
  On Saturday morning, Weiss began to change her mind about the story and raised concerns about its content, including the lack of responses from the relevant Trump administration officials.
  
  But networks like CBS sometimes deliver taped programming to affiliates like Global TV ahead of time. That appears to be what happened in this case: The Friday version of the “60 Minutes” episode is what streamed to Canadian viewers.
  
  The inadvertent Canadian stream is “the best thing that could have happened,” a CBS source told CNN on Monday evening, arguing that the Alfonsi piece is “excellent” and should have been televised as intended.
  
  People close to Weiss have argued that the piece was imbalanced, however, because it did not include interviews with Trump officials.
  
  Weiss told staffers on Monday, “We need to be able to get the principals on the record and on camera.” However, in an earlier memo to colleagues, Alfonsi asserted that her team tried, and their “refusal to be interviewed” was “a tactical maneuver designed to kill the story.”
  
  At the end of the segment that streamed on Global TV’s platform, Alfonsi said Homeland Security “declined our request for an interview and referred all questions about CECOT to El Salvador. The government there did not respond to our request.”
  
  The segment included sound bites from President Trump and Homeland Security Secretary Kristi Noem. But it was clearly meant to be a story about Venezuelan men deported to El Salvador, not about the officials who implemented Trump’s mass deportation policy.
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