Berkshire Investors Praise Greg Abel at Post-Buffett Meeting

Published on May 5, 2026

Abel, known as a shrewd operator who’s always looking for ways to improve profits at the $1 trillion conglomerate’s varied businesses, said he had just one thought at the time: The company had already shelled out the money to book the arena for the annual meeting in 2026.

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Trade Deficit Expands 4% in March

May 5, 2026
The U.S. trade deficit expanded over 4% in March to $60.31B after expanding nearly 6% the previous month. The latest reading barely missed the forecast of -$61.00B.

Meta Taps Morgan Stanley, JPMorgan for New Data Center Deal

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Morgan Stanley and JPMorgan Chase & Co. are leading the process, according to people familiar with the matter. A large majority of the financing is expected to be in the form of debt, with the rest equity, the people said, asking not to be identified discussing private information.