Remains

• Berkshire Hathaway's cash and equivalents surged to $168 billion at the end of Q1 2026, its highest level in over a decade, as Warren Buffett continued to reduce equity holdings amid concerns over elevated asset valuations. • The conglomerate reduced its Apple stake by 8% during the quarter and trimmed Bank of America holdings further, citing a lack of compelling investment opportunities in current market conditions. • Investment income from fixed-income holdings generated $3.2 billion in the first quarter alone, demonstrating how Berkshire's massive cash reserve is now earning meaningful returns in a higher-rate environment.

• As of April 25, 2026, Medicaid/CHIP enrollment exceeds pre-pandemic levels in 32 states, totaling 68 million Medicaid and 7.2 million CHIP enrollees nationwide. • The unwinding process disenrolled 25.2 million since September 2024, yet 69% of renewals—56.4 million—were approved in reporting states. • Elevated enrollment supports ongoing public health efforts but strains budgets amid procedural disenrollments in states like Florida and Texas.

Keir Starmer’s decision to oust senior official may have knock-on effect for No 10’s relationship with civil serviceFury within Whitehall about the treatment of Olly Robbins remains white hot, several days on from Keir Starmer’s decision to sack the senior Foreign Office civil servant.“It’s just total self-serving, narrow, selfish, political endgame stuff,” said one supporter of Robbins, who was dismissed for failing to tell the prime minister that the now disgraced former US ambassador Peter Mandelson had not passed UK security vetting. Continue reading...

Sgt Celestino Chavez Jr, accounted for in 2025, given full burial honors and posthumous medals in New MexicoThe remains of a US soldier who went missing in action during the Korean war were identified by DNA analysis, and he was recently laid to rest in his hometown of Gallup, New Mexico, authorities said.US army Sgt Celestino Chavez Jr’s burial ended a decades-long saga that began with him being wounded while defending his post near the Changjin (Chosin) Reservoir in North Korea and then being taken to an aid station on 30 November 1950. Chavez, 19, was then reported missing in action three days later, when enemy fighters attacked his convoy. Continue reading...

Adam Mitula is acting as election agent for Reform candidates in three wards in Tameside area ahead of 7 May pollsA Reform UK activist in the Gorton and Denton byelection who was suspended over racist and antisemitic comments has been named as the election agent for three of the party’s candidates in Manchester ahead of polls on 7 May.Adam Mitula, an interim campaign manager in the Tameside area, confirmed in February that he had been suspended as a party member “pending investigation”. Continue reading...

Governments spending $2.13bn annually on low quality food in public settings, report saysGet our breaking news email, free app or daily news podcastReptile remains, believed to be from a crocodile, have been found dumped on the side of the road in Adelaide.A spokesperson for the state’s environment and water department confirmed in a statement that department staff had “collected the remains of a reptile at Waterloo Corner.” They said:The remains, which were dumped on the side of the road at Coleman Road, will be analysed in an effort to confirm the species and any other information.“It is not currently known how the remains came to be located at the site.A different approach can increase the use of fresh, local produce, redirect spending to Australian farmers and producers, support the people working in public food service kitchens, and generate real benefits for Australia.Better public food procurement is not about spending more, it’s about spending smarter. The evidence is clear, public support is strong, and the solutions exist. Given the threat to our food system caused by the global fuel and fertiliser crisis, now is the moment for leadership. Continue reading...

• Strait of Hormuz shipping disruptions persist post-ceasefire, exacerbating the largest global oil supply crisis since the 1970s amid US-Iran war. • Iran's effective closure followed retaliatory strikes after US-Israeli airstrikes on 28 February 2026 targeting Iranian nuclear sites and leadership. • Ceasefire fails to resolve key stumbling blocks to lasting US-Iran agreement, threatening continued economic impacts on US energy security.

• Initial jobless claims totaled 285,000 for the week ending April 5, slightly above expectations but remaining within the normal range, signaling continued labor market strength despite economic headwinds. • The four-week moving average for claims declined to 268,000, suggesting underlying labor market conditions remain robust with minimal layoff activity across major sectors. • Economists noted that while the labor market continues to generate positive employment data, wage growth pressures persist, complicating the Federal Reserve's inflation-fighting efforts.

Energy minister Chris Bowen says 3.4% of Australia’s service stations had no diesel, as of Monday, after wholesale prices surgedTrack Australia’s fuel prices, service station outages and shipments in chartsGet our breaking news email, free app or daily news podcastDiesel users in Australia are not enjoying the same relief as unleaded customers, with one in 30 service stations still entirely out of diesel and prices rising again after an initial slump last week.But while the energy minister, Chris Bowen, urged Australians not to participate in a social media trend where people claim to be filling up their fuel tanks with cooking oil, he said the government was keen to support the development of biofuels like biodiesel from fats and vegetable oils. Continue reading...

• President Trump stated US objectives in the Iran conflict are nearly achieved yet simultaneously threatened even more intense strikes in the weeks ahead, creating confusion about American strategy. • With no declared exit strategy and rising fears of Iranian retaliation, analysts question whether the military campaign is winding down or entering a more dangerous phase. • UK-led talks planned for next week in London will include plans for possible military actions to clear the Strait of Hormuz, with the US not involved in these negotiations.

DNA testing confirmed bones found on Salmon Creek beach belonged to Walter Karl Kinney, a man last seen in 1999Human remains discovered in the summer of 2022 on a beach in California recently were identified as those of a former banker who disappeared in 1999.The DNA Doe Project (DDP) on Thursday announced that bones found on Salmon Creek state beach in northern California in June 2022 – by a family searching for seashells – belonged to 59-year-old Walter Karl Kinney, a former banker who lived in nearby Santa Rosa. Continue reading...

• Berkshire Hathaway disclosed in SEC filings that its position in Apple has grown to $170 billion in market value, reinforcing Apple as the conglomerate's largest single equity holding at approximately 48% of total equity portfolio. • The increase reflects both organic price appreciation of Apple shares and incremental purchases by Warren Buffett's investment team amid the company's strong iPhone 16 sales and services segment growth. • The substantial concentration signals Berkshire's high conviction in Apple's long-term competitive moat, capital allocation discipline, and valuation at current levels, providing a powerful endorsement to institutional investors amid market volatility.

Practice of using apartments to store relatives’ ashes has risen as rapid urbanisation and aging population increases competition for cemetery plotsChina is introducing a law to stop people storing the ashes of their dead relatives in empty high-rise flats rather than paying steep costs for increasingly scarce cemetery plots.China’s new funeral management legislation will prohibit the use of “residential housing specifically for the purpose of storing cremated remains” and the burial of corpses or construction of tombs in “areas other than public cemeteries”. Continue reading...

• The startup and venture investment market remains robust with AI mega-rounds emerging almost weekly, though investors are increasingly selective and focused on companies with technological advantage and commercial discipline. • Capital is concentrating in AI infrastructure, chips, inference computing platforms, defense tech, European fintech, and healthtech with clear unit economics, while weak placement windows are closing for lower-quality stories. • The IPO and exit market remains open but uneven, with certain companies still preparing for the public market while others postpone placements due to volatility and stricter risk assessments from investors.

• The S&P 500 declined 0.84% to 6,551.67 in afternoon trading on Friday with 139 equities advancing and 364 declining across the index, indicating broad-based weakness. • Market rotation continued with only the utilities sector trading in positive territory while all other sectors posted losses amid elevated geopolitical tensions and rising borrowing costs. • Market volatility remains high as investors grapple with competing concerns about inflation stemming from the Iran conflict and the potential impact on Federal Reserve policy decisions.

Officials say military planners liaising with US Central Command but situation remains too dangerous for anything to happen soonMiddle East crisis – live updatesBritain has said it remains involved in discussions with the US and European allies over escorting merchant shipping through the strait of Hormuz but the situation remains too dangerous for it to happen soon.Iran is still considered to pose a threat and have a wide range of weapons available – from cruise missiles to sea drones – despite 19 days of US-led bombing of its navy and coastal sites. Continue reading...

• UConn enters the women's NCAA tournament as an unbeaten No. 1 seed after winning the SEC Tournament title, defeating South Carolina in the championship game. • UTSA drew the No. 16 seed and faces the undefeated Huskies in a first-round matchup, looking to pull off a historic upset. • UConn's perfect record and top seeding position them as heavy favorites to compete for the national championship.

• The U.S. Senate remains deadlocked over President Donald Trump's call for strict citizenship voting requirements, with Republicans in states like Missouri moving ahead independently to implement such measures. • While the Senate stalls on federal legislation addressing voting eligibility standards, individual states are forging their own paths on citizenship voting policies. • The legislative impasse highlights the ongoing partisan divide over voting access and eligibility requirements between the Trump administration and Democratic opposition.