Columbus, OH

Business Times

Warren Buffett's Berkshire Hathaway Inc. has executed a substantial sell-off of Bank of America (BofA) stock, with recent transactions totaling approximately $982 million. The sales, which occurred between August 23 and August 27, reflect a broader strategy of divesting from the banking sector. The moves, disclosed in a regulatory filing on Tuesday, are part of a larger trend of reducing Berkshire Hathaway's stake in the second-largest bank in the U.S.

Buffett’s Berkshire Hathaway Sells $982 Million in Bank of America Shares, Reducing Stake Significantly

Florida State

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Gainesville, FL

Akeena

Big changes are coming to Florida’s home improvement scene as LL Flooring, the company once known as Lumber Liquidators, is shutting down five of its stores across the state. This isn’t just a Florida issue—LL Flooring is going through a massive restructuring nationwide after filing for Chapter 11 bankruptcy protection, which will affect 94 stores in 31 states.

A home improvement store chain to shut down 5 locations in Florida due to bankruptcy issues

Edgar Bronfman Jr. has officially withdrawn his bid for Paramount Global, paving the way for Skydance Media to finalize its acquisition of the storied media empire. The decision marks the end of a tumultuous bidding process that has captivated the industry for months.

Edgar Bronfman Drops Paramount Bid, Clearing Way for Skydance Merger

The Biden administration is intensifying efforts to engage China in nuclear arms discussions, though progress remains tentative. This push comes as the United States grapples with China's rapid expansion of its nuclear arsenal, a development that has shifted Washington's strategic focus and sparked a new phase of diplomatic maneuvering.

U.S. Struggles to Initiate Nuclear Arms Control Dialogue with China Amid Rising Threats

Kim Kardashian and Kylie Jenner are reportedly at odds, with insiders revealing growing tensions over Kris Jenner's favoritism and Kylie's private life.

'Irate' Kim Kardashian, 'Rude' Kylie Jenner 'On The Verge Of War' Because Of Kris' 'Unfair' Treatment: 'She's Very Jealous'

Denver, CO

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David Heitz

Angry Aurorans and Denverites on social media poked fun at the news media Friday as more information came out about Venezuelan gangs on the Front Range. Aurora Mayor Mike Coffman posted on Facebook that the city will use court orders to shut down additional apartment complexes that have been infiltrated by the gangs. It seemed to contradict comments made by Gov. Jared Polis, who said the gang problem was a figment of Aurora council member Danielle Jurinsky’s imagination.

Migrant gang crisis underrated: Denver media criticized

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Total Apex Sports & Entertainment

Mercury Direct will provide three zodiac signs with abundance and fortune on August 28. It will help them get back on track and remove their obstacles. The astrological transit will put things for the signs. What’s holding you back from exploiting your potential?

3 Zodiac Signs Whose Fortune Era Will Start | August 28, 2024

Venezuela's capital Caracas and several other states experienced a massive power outage early Friday, with the government attributing the blackout to alleged sabotage. The outage, which began around 4:50 a.m. local time, impacted all 24 states, disrupting daily life and critical operations across the country.

Venezuela Faces Widespread Power Outage, Government Blames Sabotage Amidst Political Turmoil

Goldman Sachs is set to trim its workforce significantly, with plans to lay off between 1,300 and 1,800 employees, according to reports from the Wall Street Journal. This latest round of job cuts, which will affect approximately 3% to 4% of the bank's global workforce, is part of the company's annual performance review process.

Goldman Sachs to Cut 1,300 Jobs Amid Market Recovery Signs and Cost-Cutting Measures

Eli Lilly has unveiled a new, more affordable form of its weight loss drug Zepbound. The company is offering single-dose vials of the popular medication at approximately half the usual monthly list price, aiming to make the drug more accessible to a wider range of patients.

Eli Lilly Slashes Zepbound Price by Half, Introduces Single-Dose Vials to Address Demand

Best Buy Co., Inc. (BBY) has reported better-than-expected earnings and raised its profit forecast, signaling a potential stabilization in its sales trajectory. On Thursday, the retailer revealed that it had generated $9.29 billion in revenue for the quarter ended August 3, surpassing analysts' expectations of $9.24 billion. The company's adjusted earnings per share (EPS) also exceeded forecasts, climbing to $1.34 from $1.25 a year earlier, and outstripping the anticipated $1.16.

Best Buy Surpasses Earnings Expectations Amid Stabilizing Sales Trends

Georgia State

Daily Coffee Press

The chances for the tropical wave in the Atlantic developing have now risen to 80% over the next seven days. The National Hurricane Center (NHC) has advised that this disturbance could become the next tropical storm or hurricane within the coming days, potentially targeting the U.S. East Coast.

Tropical Wave That Could Impact Georgia Now Has 80% Chance of Development

Israel's forces have launched one of the most extensive operations in the West Bank in over two decades. The Israel Defense Forces (IDF) carried out simultaneous raids and airstrikes in Jenin, Tulkarem, and surrounding areas, resulting in at least nine Palestinian deaths and significant disruption in the region. This operation, described by Israeli Foreign Minister Israel Katz as a "full-fledged war," marks the largest scale of military activity in the West Bank since the Second Intifada.

Israel Executes Largest West Bank Raid in Over 20 Years, at Least Nine Palestinian Killed

China has condemned the recent deployment of U.S. missiles to the Philippines, asserting that such moves threaten regional stability. The criticism comes amid a separate but related maritime dispute in the South China Sea, where the Philippines faces mounting pressure from Beijing over contested waters.

China Blasts US Missile Deployment in Philippines as Threat to Regional Stability Amid South China Sea Crisis

The United States has indicated a willingness to consider escorting Philippine ships in the contested South China Sea, according to Admiral Samuel Paparo, the head of U.S. Indo-Pacific Command. This potential move reflects the increasing tensions between Beijing and Manila, underscoring the volatile dynamics in the disputed waters.

U.S. Considers Escorting Philippine Ships Amid South China Sea Tensions

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

Prince Harry and Meghan Markle's $3 million trip to Colombia has raised questions about their intentions and highlighted ongoing tensions with Prince William.

'Oblivious' Prince Harry, Meghan Markle Face Criticism Over Lavish $3M Colombia Trip Amid Royal Rift With Prince William

In a significant escalation of its military campaign in the occupied West Bank, Israel has announced the killing of three Hamas operatives, including a key commander, Wissam Khazem. The Israel Defense Forces (IDF) confirmed the deaths on Friday as its operations in the region extended into their third day.

Israeli Forces Kill Hamas Commander in West Bank as Military Operation Escalates

NewsBreak

U.S. Consumer Confidence Reaches Six-Month High Amid Rising Labor Market Concerns

U.S. consumer confidence surged to its highest level in six months...

U.S. Consumer Confidence Reaches Six-Month High Amid Rising Labor Market Concerns

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