🚨 🇮🇷 🛳️ Iranian Foreign Minister Abbas Araghchi said a temporary maritime transit route for ships entering and leaving the Persian Gulf is “very close.” However, Tehran reiterated demands on Washington, signaling any relief for oil and gas flows may be limited. Araghchi stressed that opening the strait depends on additional conditions, including U.S. compensation for violations of the now-lapsed Islamabad Agreement, a June memorandum that collapsed within a month over disputes about control of Hormuz
🚨 Berkshire Hathaway’s operating earnings climbed 16% in the second quarter as strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results.The bigger takeaway from the results is that CEO Greg Abel, 64, is starting to put the record cash hoard amassed by Warren Buffett to work on buybacks and stock purchases. Operating earnings rose to $12.98 billion from $11.16 billion a year earlier. Manufacturing, service and retailing earnings jumped 24% to $4.47 billion, while Berkshire Hathaway Energy’s profit surged 27% to $891 million. BNSF, the company’s railroad, posted a 6% increase to $1.56 billion. Berkshire reversed a pattern of selling stocks, becoming a net buyer of equities in the second quarter with nearly $20 billion in net purchases
📌 Update: Starlink Direct to Cell is now live: it delivers satellite messaging and limited app data to ordinary smartphones in selected countries, while full voice and broadband remain early-stage. The network has 650+ LEO satellites and supports messaging, voice, video, and data across five continents via carrier partners
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