Albanese reelected: First Australian PM in 21 years to win second straight term

Australia’s Prime Minister Anthony Albanese reacts as he speaks at a Labor party election night event, after local media projected the Labor Party’s victory, on the day of the Australian federal election, in Sydney, Australia, May 3, 2025. | Photo Credit: REUTERS/Hollie Adams Anthony Albanese claimed victory as the first Australian prime minister to clinch…

Berkshire’s Geico sees turnaround after tech upgrades and job cuts

At Berkshire Hathaway’s annual meeting, Vice Chairman Ajit Jain said the insurer is now “as good as anyone” in telematics but cautioned that it’s still too early to declare full success, noting continued progress is needed. Berkshire Hathaway’s Geico car insurance unit has made progress in upgrading its technology to better match rates with risk, Berkshire…

Dozens of Palestinians starved to death under Israel’s blockade of Gaza | Israel-Palestine conflict News

As trucks carrying vital supplies pile up at border with Egypt, hungry children look through rubbish for food. At least 57 Palestinians have starved to death in Gaza as Israel’s punishing blockade of food, water, and other critical aid to the besieged enclave stretches into its third month amid relentless bombardment. Gaza’s Government Media Office…

Berkshire Hathaway Q1 profit falls 14% amid wildfire claims and currency losses

A file photo of Berkshire Hathaway Chairman Warren Buffett | Photo Credit: SCOTT MORGAN/Reuters Warren Buffett’s Berkshire Hathaway on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion. Operating profit for the Omaha, Nebraska-based…