New Berkshire Hathaway CEO Greg Abel recently issued his first annual letter to shareholders, detailing his plans for Berkshire's massive equities portfolio.
Lockheed Martin said it will quadruple munitions production following talks with Donald Trump and other defense leaders, citing the need to expand U.S. military capacity.
Economist Peter Schiff warned that a prolonged Iran war could cost the U.S. up to $1 trillion and drive inflation sharply higher, while Mohamed El-Erian cautioned that escalating conflict disrupting oil flows through the Strait of Hormuz could trigger supply chain shocks and broader economic risks.
