Warren Buffetts charitable donation tops 51 billion

Warren Buffett’s charitable donation tops $51 billion

June 22 (Portal) – Warren Buffett has donated an additional $4.64 billion worth of Berkshire Hathaway (BRKa.N) stock to five charities, taking his total giving since 2006 to more than $51 billion.

The annual donation, made Wednesday, is Buffett’s largest and consisted of about 13.7 million Berkshire Class B shares.

Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has collectively received more than $39 billion in Berkshire stock.

He also donates 1.05 million shares to the Susan Thompson Buffett Foundation, named after his late first wife, and 2.2 million shares to be split evenly among charities led by his children, Howard, Susan, and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation.

Buffett is gradually giving away almost all of the fortune he built at Omaha, Nebraska-based Berkshire, which he has run since 1965.

He and Bill Gates pioneered the Giving Pledge, which saw more than 240 people including Michael Bloomberg, Larry Ellison, Carl Icahn, Elon Musk, and Mark Zuckerberg donate at least half their wealth to charity.

Buffett has already donated more than half of his Berkshire stock. After Wednesday’s donations, he still owned more than $112.5 billion, or 15.1% of Berkshire stock.

The number of shares Buffett donates is down 5% each year, but this year’s dollar amount set a record because Berkshire’s share price has risen.

“Nothing extraordinary happened at Berkshire: A very long road, simple and generally sound decisions, American tailwinds and compounding effects have led to my current wealth,” Buffett said in a statement.

“American Tailwind” was coined by Buffett in 2019 to describe the United States’ ability to build long-term prosperity even in times of war and financial crisis.

Buffett built Berkshire into a roughly $740 billion company through companies like BNSF railroad and Geico auto insurance, as well as equity investments in companies like Apple Inc (AAPL.O).

The Susan Thompson Buffett Foundation works in the field of reproductive health. The Howard G. Buffett Foundation focuses on alleviating hunger, alleviating conflict, and improving public safety. The Sherwood Foundation supports non-profit organizations in Nebraska and the NoVo Foundation has initiatives focused on girls and women.

Reporting by Jonathan Stamp in New York; Edited by Leslie Adler

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1687463577 Kevin Costners wife Christine is filing for 248000 a month

Kevin Costner’s wife Christine is filing for $248,000 a month in child support: Breaking down her divorce claims

Kevin Costner is dating his wife Christine Baumgartner in 2016.  The private couple divorced after more than 18 years of marriage.

Kevin Costner and his wife Christine Baumgartner in 2016. The couple are divorcing after more than 18 years of marriage. (Photo: Portal)

It’s been an eventful few months for the otherwise private Kevin Costner. First, his 18-year-old wife, Christine Costner (née Baumgartner), filed for divorce. A day later, it was reported that the actor’s reign as Dutton Patriarch in Yellowstone was over. Then came allegations that infidelity had something to do with the breakup.

Since then it has only gone uphill. In the divorce filings, Kevin, citing the prenuptial agreement, asked Christine to move out of their home. She scoffed — and made her own demands: $248,000 a month in child support for her three children. The case file is already long, filled with conferences and a hearing date if it comes to that.

So what happened to Kevin and Christine Costner? And is the divorce related to the Yellowstone drama? Here’s everything we know.

We believe the couple split in April

In Christine’s divorce petition, she gave April 11 as the date of separation. On May 1, she officially filed for divorce, citing irreconcilable differences. In Kevin’s own file, he put the date of their breakup as pending, so it looks like he’s resisting their date.

Kevin didn’t want a divorce

Though it was clear from the actor’s statement, a source told People magazine that it wasn’t “something he wanted or was looking for and if he could change the situation, he would.”

Kevin and Christine share three children: Cayden (15), Hayes (14) and Grace (12). Another insider told Page Six the actor was “stunned” when Christine filed the paperwork.

The actor’s rep previously told Yahoo Entertainment that “circumstances outside” of Kevin’s “control” led to the split.

“It is with great sadness that circumstances beyond his control have arisen which have resulted in Mr. Costner having to attend an annulment lawsuit,” his publicist said in a statement. “We ask that the privacy of him, Christine and their children be respected at this difficult time.”

The story goes on

your divorce claims

In a court statement, Kevin asked Christine to move out of her waterfront home in Carpinteria, California. He referred to their marriage contract, signed in 2004, which stipulated that she had to leave the house he had bought within 30 days of filing for divorce. He said he’s already paid her over $1 million per prenup to find a new home – and offered to pay extra for the moving costs. He also accused his wife, to whom he was not yet married, of withdrawing money from his bank account and charged his credit card a total of $95,000.

Christine responded in a filing, essentially saying he had no “legal” right to evict her – and her children – from the family’s longtime home.

Christine’s own demands have now become clearer. In an application filed last Friday, she requested $248,000 a month in child support. She claimed that this amount “is less than the amount required to keep the children in their usual lifestyle.” She also requested that Kevin pay 100% of private school fees, extracurricular activities, and healthcare costs.

Some startling numbers about Kevin’s finances were released in her file. His 2022 income was listed as $19,517,0641. It said her family’s expenses, excluding taxes, totaled $6,645,285. Her net income after all expenses and taxes was reported as $7,595,520. It has also been pointed out that the maintenance of their several large properties comes in at around US$2 million per year.

Did cheating have anything to do with it?

The internet acts as a judge and jury these days, so it’s no real surprise that social media is convinced of Kevin’s alleged infidelity. An unconfirmed rumor was that Costner impregnated someone who worked at Yellowstone. (“Not true,” a source tells Yahoo.)

Kevin’s rep denied speculation in a statement to Yahoo on Thursday: “Any suggestion of infidelity by Mr. Costner is absolutely untrue.”

Why people were so quick to jump to that conclusion might have something to do with Kevin’s previous marriage to Cindy Costner. In 1994, it was rumored that his relationship with his childhood sweetheart was falling apart due to on-set affairs. The divorce settlement, estimated at $80 million, is one of the most expensive in Hollywood history, according to Forbes.

Since then, rumors have circulated that Christine had become close to a tenant of a house on her Carpinteria estate, leading to Kevin confronting the man. However, Daniel Starr, a real estate developer, denied any involvement on June 22. He told TMZ, “I was just a renter … nothing else.” He said he moved out in late March — apparently just before Kevin and Christine split — even though his lease didn’t expire until June.

Is Kevin’s Divorce Stopping Yellowstone?

nope Sources involved in the production tell Yahoo that Kevin’s divorce has nothing to do with why the back half of season five hasn’t been filmed yet.

“Honestly, a lot of us were surprised when that happened [divorce] The news broke,” says an insider, adding there is no sign the former couple is in trouble.

The Yellowstone issue is purely professional, as Kevin instead wanted to focus on filming the second chapter of his passion project, Horizon: An American Saga. Because that was his priority, he and Paramount couldn’t agree on an agreement about his appearance. The network announced that the series would end after the last six episodes and that Kevin had not committed to appearing in it.

Yellowstone creator Taylor Sheridan told in a June 21 interview that he was “disappointed” that Kevin prioritized his film over the hit series. “I really hope so [the movie is] it’s worth it – and that it’s good.”

Sheridan said Kevin “and the network were arguing about when he might be done with Yellowstone.” I said, “We can certainly work out a timeline.” [his preferred exit date]’Which we did.” Sheridan claimed that he “didn’t dictate the schedule. I don’t control when filming begins.” He also denied that he and Kevin had a violent argument on set, which rumored to have led to Kevin’s exit.

The outlet noted that talks are ongoing about getting Kevin to come back to film a few scenes to complete his storyline. The show, whose midseason finale aired Jan. 1, was originally slated to return this summer. However, it was postponed to November. Now there could be further delays due to the writers’ strike.

Christine wanted to clarify in her legal filing that she had nothing to do with Kevin’s Yellowstone exit.

“I did not push Kevin to leave the Yellowstone show,” she wrote.

A Costner family source previously told People magazine that the actor’s demanding work schedule — juggling Yellowstone and Horizon — was difficult for Christine before she pulled the plug on the marriage. However, the divorce “has nothing to do with Yellowstone,” an insider said. “The two situations are unrelated.”

Editor’s Note: This post was originally published and updated at 1:08 PM ET on Thursday, May 4th.

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Chris Paul-Handel: Warriors send Jordan Poole, draft picks to Wizards to win future Hall of Famer – CBS Sports

The Washington Wizards are trading Chris Paul for Jordan Poole and a package of draft picks to the Golden State Warriors, CBS Sports’ Bill Reiter confirmed Thursday. Paul never really qualified for Washington and was only involved as a salaryman in Bradley Beal’s blockbuster trade with the Phoenix Suns over the weekend. With the Wizards on the verge of rebuilding, they had no reason to keep Paul and now the Warriors have given them a powerful package to part with their recently acquired legend.

In Poole, the Wizards are taking a chance on a player who received a four-year, $140 million contract extension from the Warriors less than a year ago. Last year, which began with teammate Draymond Green beating Poole in training camp, was a disappointment from that perspective.

Poole averaged 20.4 points per game, a new career high, but his defense remained problematic and he fell to just 10.3 points per game in the postseason. That $140 million extension made sense when the Warriors believed Poole was on his way to stardom, but now with the new CBA looming and the NBA’s most expensive teams being punished for their spending, the Warriors had to find a way find saving money in the long run. Paul has only one year left on his contract, so he fits the bill perfectly.

Paul was one of the Golden State’s toughest rivals during the Stephen Curry era. His Clippers defeated the Warriors in the 2014 playoffs, but after Golden State hired Steve Kerr as coach, the Warriors managed to beat Paul’s Rockets in the 2018 and 2019 playoffs. Paul almost got another shot at the Warriors in 2022, but his Suns were upset by the Dallas Mavericks in the second round of the playoffs and the Warriors won the championship.

Now Paul will join the Warriors trying to win his first ring and they are trying to win their fifth ring of this era. It’s an unlikely partnership, to say the least, and for the first time in his career, Paul is now likely to come off the bench. But the Warriors give him a real shot at winning a title, and moving to Golden State allows him to stay on the West Coast, where his family is and where he reportedly preferred to stay. As surprising as this deal looks on paper, it appeared to be a necessity for all involved.

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Missing submarine OceanGate assumes all passengers are dead Euronews

Missing submarine: OceanGate assumes all passengers are dead Euronews

The Titan operator announced on Thursday that it had no hope of finding alive the five passengers who had been missing in the North Atlantic since Sunday.

All five Titan passengers are most likely deceased.

According to the US Coast Guard, the debris found near the wreck of the Titanic on Thursday came from the submersible searched for since Sunday. According to investigators, however, it is still too early to know exactly when the catastrophic implosion occurred.

The Titan had been missing since Sunday, eight hours after losing contact with its surface ship.

Hopes dwindled by the hour, especially since the submarine only had 96 hours of oxygen, which was supposed to be exhausted by Thursday afternoon.

At this point in time, no one knows whether the probable submersible implosion took place on Sunday or in the days that followed.

Only with certainty was the debris field of the “Titan” about 488 meters away from the Titanic.

A few hours after the company OceanGate announced the discovery of a _”_debris field” near the wreck of the Titanic by a robot involved in international search operations, it published this press release:

“We now believe that our CEO Stockton Rush, Shahzada Dawood and his son Suleman Dawood, Hamish Harding and Paul-Henri Nargeolet have sadly passed away.”

This Thursday is the French oceanographic ship Atalante had arrived in the area to support deep-sea research with his Victor 6000 underwater robot, which can dive to depths of 6000 meters.

The question now is whether debris from the sub can be brought to the surface along with the bodies of the victims.

Past travelers testify

At least 46 people have already successfully traveled aboard the OceanGate submersible to the Titanic wreck site in 2021 and 2022.

Arthur Loibl, A retired German businessman and adventurer was one of the company’s first clients two years ago.

He recounts his adventure aboard the Titan: “Imagine a metal tube a few meters long with a sheet metal bottom. You cannot stand up or kneel. Everyone sits side by side or on top of each other.” . You can’t be claustrophobic (…) During the two and a half hours of descent and ascent, the light was switched off to save energy, the only illumination came from a “fluorescent stick”.

security warnings

Details have emerged since Sunday and the investigation began, implicating OceanGate as the company has been accused of possible negligence in the safety of its underwater tourism device.

The usage ofa simple video game controller as a rudder to steer the Titan raises particular questions.

But the company has provided guarantees of reliability and safety, and invoked several rescue systems for returning to the surface, including sandbags, falling lead pipes and an inflatable ball.

Over and beyond, a complaint A 2018 study consulted by AFP reveals that a former company executive, David Lochridge, was fired after he expressed serious doubts about the safety of the submersible.

According to this former director of naval operations, a porthole at the front of the device was designed to withstand the pressure at 4,000 feet (1,300 m) rather than 13,000 feet (4,000 m) where the wreck of the Titanic is located.

In a 2018 trial, David Lochridge said Titan’s testing and certification was inadequate and “would expose passengers in an experimental submersible to extreme potential dangers.”

Five passengers on board

On Sunday, an American, a Frenchman, a Briton and two British Pakistanis plunged into the abyss on board the five-person Titan, which is about 6.5 meters long.

Contact with the vehicle was lost less than two hours after departure.

On board the head of OceanGate, the American Stockton RushHe popped up alongside a wealthy British businessman, Hamish Harding (58), from the French Titanic specialists Paul Henri Nargeolet (77) and Pakistani tycoon Shahzada Dawood (48 years old) and his son Suleiman (19), both of whom are also British nationals.

For $250,000they set out to explore the remains of one of the greatest maritime disasters of the 20th century.

the titanic was wrecked on her maiden voyage in 1912 after colliding with an iceberg, killing nearly 1,500 passengers and crew.

Since the discovery of the wreck in 1985, Scientists, treasure hunters and tourists visit it, thus preserving the myth.

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Joe Biden defends words about Xi Jinping no consequences

Joe Biden defends words about Xi Jinping: no consequences

Joe Biden doesn’t think his words about Xi Jinping, whom he called “a dictator,” will have consequences for China-US thaw efforts. “The answer to your question is no,” the American President replied to a question on the subject during the press conference with Narendra Modi. Biden then sought to downplay what he described as “hysteria” over relations with China: “We had an incident that created confusion,” he said of the spy balloon story, “but Secretary of State had blinks a great visit to China and I look forward to meeting with President Xi in the future.” “I don’t think they had any real consequences,” Biden concluded.

Also Read: The Pact to Contain China: Here Are 8 Nuclear Submarines

The US President then described the content of the summit with Modi. “The PM and I had a good discussion about democratic values, it’s the nature of our relationship. We are direct and respect each other because our countries are both democracies.” This is how Joe Biden responded during the White House press conference with Narendra Modi to those who remember concerns about discrimination against religious minorities and the repression of dissent in India. “There are common democratic traits in our countries and in our peoples, our diversity, our culture, tolerance,” he added, stressing that these values ​​are “in the DNA of America and I believe in the DNA of India.”

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Dominikaner scares the judges of Americas Got Talent with his

Dominikaner scares the judges of “America’s Got Talent” with his mysterious act

Picture

NEW YORK. – Anyone who watched the first season of “Dominicana’s Got Talent” will surely remember an enigmatic contortionist whose act startled and impressed the local judges.

That same feeling, only amplified, was evoked by the members of the judging panel of America’s Got Talent. Gabriel Hernández auditioned for the 18th season of the popular American television show.

The video shows how shocked and at the same time impressed the jury by the talent and the staging of the flexible artist.

The Dominican wants to win the final prize of $1 million, but for that he has to convince executive producer Simon Cowell, who is part of the jury along with world fashion icon Heidi Klum; Comedian Howie Mandel and internationally acclaimed actress and superstar Sofia Vergara.

“When I first started the pole, I didn’t know she was shirtless, but I knew what a taboo she was here,” Gabriel argued at the time.

“When my family first saw me pole training without a t-shirt I didn’t want to go back to the academy, but later when they saw that I wasn’t doing it for discos, it was more than sports and arts were starting them to support me and that’s what we want to convey here, that they realize that pole is a sport and an art. “It’s sport,” affirmed the artist.

“The first thing my coach said to me was ‘Obviously to whatever other people tell you’… I’m going to go to the circus,” he said with the confidence he displayed in his presentation.

She now resides in California, where she lives with her American husband and continues to exhibit her art.




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Petro and Macron speak at Paris Summit

Petro and Macron speak at Paris Summit

On that day, the Colombian President also met with the President of the Inter-American Development Bank, Ilan Goldfajn; and with Kenya’s Head of State, Ewilliam Ruto.

Petro brings to this Macron-convened summit a comprehensive agenda that includes mechanisms to protect the Amazon rainforest, the development of clean energy, and Colombia’s proposal to swap external debt for climate protection.

On this subject, the President proposed in a session this morning to develop a global Marshall Plan to deal with the climate crisis.

He suggested that a large global issue of special drawing rights be carried out via the International Monetary Fund and fed into a climate fund in order to free up budgetary leeway in the countries and thus mitigate the climate crisis or adapt to it.

“It would effectively be funding a Marshall Plan against the climate crisis. It would be a great step for humanity to be the first to overcome this problem, which is possibly the big problem that our extinction could bring,” he stressed.

According to the Colombian head of state, these Special Drawing Rights would “stop the holders of the debt – which are now the pension funds of the richest countries – and free up budgetary space in every country on earth to devote exclusively to harm reduction or mitigation.” Repairing the climate crisis.

The summit, which will take place from today until tomorrow, will take place in the Brongniart Palace in this capital and will be attended by more than a hundred world leaders.

With six round tables, 30 featured events and more than 50 parallel events, this financial summit is shaping up to be one of the most important international events of 2023 on an economic, social and environmental level.

The aim of the meeting is to lay the foundations for a new international financial pact that will particularly help the most vulnerable countries in the face of the climate crisis.

mgt/otf

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Debris from the submersible Titan found Company assumes

Debris from the submersible “Titan” found: Company assumes…

The company behind the submersible excursion believes in a statement that all five occupants have died. Parts of the “Titan” were previously discovered.

The search for the missing “Titan” submersible comes to a tragic end. The company behind the submersible excursion believes a statement that all five occupants died. The US Coast Guard also declared the passengers dead and expresses its deepest condolences to the victims’ families, spokesman John Mauger said in Boston on Thursday. According to the US Coast Guard, the wreckage found near the wreck of the “Titanic” belongs to the missing submersible “Titan”. This proves that there is no more chance of survival for the missing five.

The Coast Guard had previously announced that a diving robot had encountered a “debris field” in the area of ​​operation. The information would be analyzed, he said. The submersible has been missing since Sunday morning (local time). The “Titan” had five people on board on the way to the wreckage of the “Titanic” that sank in 1912 at about 3800 meters deep. About an hour and 45 minutes into the dive, contact with the mother ship was lost.

In the operational area, about 700 kilometers south of the Canadian island of Newfoundland, US and Canadian teams began a full-scale search both on the surface water and in the depths of the ocean. Ships, aircraft, remotely controlled underwater vehicles, diving robots and other equipment were used.

Previously, a ship salvage specialist was already convinced that the debris field discovered came from the missing submersible. In conversations with the BBC and Sky News on Thursday, David Mearns referred to statements made by the chairman of the Explorers Club in a WhatsApp group. The explorers are united in the association, and two inmate “Titans” are also members.

Mearns said the submersible’s so-called landing structure and aft cover can be seen. The hull has yet to be found, but “two very important parts of the whole system” that would not have been discovered had the submersible not crashed, Mearns added. Initially, there was no independent confirmation of this. The US Coast Guard had previously announced that a submersible had found a debris field in the area near the wreckage of the “Titanic”. Experts are now evaluating the information, the official tweeted without giving further information.

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