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Profits jump at Buffett’s company ahead of annual meeting

Published Mon, 24 Feb 2025 11:16:30 GMT

OMAHA, Neb. (AP) — Warren Buffett’s company said its first-quarter profits soared along with the paper value of its investment portfolio — giving the thousands of shareholders who will fill an arena Saturday to listen to the billionaire and several other top executives at the conglomerate answer questions for hours some good news to start the day.“It’s a once in a lifetime opportunity,” said Chloe Lin, who traveled from Singapore to attend the meeting for the first time and learn from Buffett and his longtime investing partner Charlie Munger.Berkshire’s shareholders meeting always attracts throngs of people who admire the two investors and want to hear whatever wisdom they have to offer about recent events and life lessons. And with both men in their 90s this year, some in the crowd feel the urgency to attend now while both men are still here. “Charlie Munger is 99. I just wanted to see him in person. It’s on my bucket list,” Wu said. “I have to attend while I can.”Berkshire Hathawa...

Burials held in Serbia for some victims of mass shootings

Published Mon, 24 Feb 2025 11:16:30 GMT

BELGRADE, Serbia (AP) — Heart-wrenching cries echoed as funerals were held in Serbia on Saturday for some of the victims of two mass shootings that happened just a day apart this week, leaving 17 people dead and 21 wounded, many of them children.The shootings on Wednesday in a school in Belgrade and on Thursday in a rural area south of the capital city have left the nation stunned with grief and disbelief.Though Serbia is awash with weapons and no stranger to crisis situations following the wars of the 1990s, a school shooting like the one on Wednesday has never happened before. The most recent previous mass shooting was in 2013 when a war veteran killed 13 people.The shooter on Wednesday was a 13-year-old boy who opened fire on his fellow students, killing seven girls, a boy and a school guard. A day later, a 20-year-old man fired randomly in two villages in central Serbia, killing eight people. Classmates and hundreds of other people cried unconsolably as one of the girls killed i...

All northbound lanes of Hwy. 400 closed at Major Mackenzie for incident

Published Mon, 24 Feb 2025 11:16:30 GMT

Provincial police have shut down the Highway 400 northbound lanes at Major Mackenzie in Vaughan due to an incident.Officers closed the highway for “police investigation purposes” just after 8 a.m.OPP say the highway is expected to be remain closed until noon or the early afternoon.Heavy backups on the highway have been reported as traffic is diverted off at Major Mackenzie.

W.Va. politicos keep fighting over 2020; voters, not so much

Published Mon, 24 Feb 2025 11:16:30 GMT

CHARLESTON, W.Va. (AP) — Some Republican officeholders in West Virginia are already revving up campaigns for governor in 2024. But first, they have to sort out what happened in 2020.Years after Democrat Joe Biden was declared the White House winner, Secretary of State Mac Warner and Attorney General Patrick Morrisey say they remain concerned his victory was not legitimate. They persist in those views despite repeated investigations, audits and court cases concluding there was no evidence of widespread voter fraud or improper counting that could have changed the results in Donald Trump’s favor.Warner, who runs elections in West Virginia, toed the line for more than two years before going on a talk show this week to say he can “now firmly say” he believes the election was stolen. “That election was thrown, it was stolen, and we should not rest easy,” he said on Talk Radio WRNR in the state’s Eastern Panhandle. Asserting that the 2020 presidential race was stole...

A COVID legacy? When doctors say we should still be masking up

Published Mon, 24 Feb 2025 11:16:30 GMT

Even before the World Health Organization declared the COVID-19 pandemic was no longer a “public health emergency of international concern” on Friday, many Canadians had already given up wearing masks as mandates lifted in most public places.Although WHO Director-General Tedros Adhanom Ghebreyesus noted Friday’s declaration “does not mean COVID-19 is over,” many people will likely interpret it that way, said Dr. Allison McGeer, infectious diseases specialist and microbiologist at Sinai Health Systems in Toronto.“Truthfully, at least in Canada, most behaviour is already reflecting most people’s opinion that the pandemic is over,” McGeer said.Still, infectious diseases specialists are hoping the practice of masking, which emerged in this country as a response to the pandemic, will continue at certain times and in certain places to help reduce the spread of not only COVID-19, but influenza and respiratory syncytial virus (RSV) as well.Alt...

Rain and thunderstorms forecast for several days

Published Mon, 24 Feb 2025 11:16:30 GMT

AUSTIN (KXAN) -- Severe thunderstorms roamed the area Friday with large hail, gusty winds and heavy rain. There were at least 17 reports to the Storm Prediction Center of hail with 11 of them in Burnet County. There were two reports of hail 2.50" in diameter, one at Burnet Municipal Airport and the other 4 miles northeast of Inks Lake State Park. BLOG: Severe storms roll through Central Texas Friday night CENTRAL TEXAS RAINFALL TOTALS Hot and humid air are part of the forecast today as highs peak in the upper 80s to low 90s. The heat index, a combination of temperature and dew point, will peak in the upper 90s to around 100° after 2 to 3 p.m. today.There is an increasing chance of showers and thunderstorms in the northwest Hill Country late in the afternoon moving east during the evening.Thunderstorms develop late Saturday afternoonThere is a slight risk (Category 2 out of 5) for severe storms over western/northern Mason County into San Saba Country. Today's severe storms risk...

Pecan Street Festival returns to downtown Austin this weekend

Published Mon, 24 Feb 2025 11:16:30 GMT

AUSTIN (KXAN) — The Pecan Street Festival is happening downtown this weekend.Taking over east 6th street from Brazos to I-35, the festival this weekend is one of the largest and longest-running art, craft and music festivals in the country.The event runs from Saturday to Sunday and has over 100 vendors. Which Austin roads will be closed for Pecan Street Festival this weekend? The first Pecan Street Festival was held in 1978, back when Sixth Street was called Pecan Street.Roads around the festival will be closed until Monday

Austin Fire Department celebrates new cadet graduates

Published Mon, 24 Feb 2025 11:16:30 GMT

AUSTIN (KXAN) — College students aren't the only ones celebrating graduation this weekend.Cadets from the Austin Fire Department's latest academy class walked the stage Friday.The academy runs for six months, and afterwards cadets are officially recognized as probationary firefighters.AFD Cadet Class 135 graduated Friday, May 5. (KXAN Photo/Jake Sykes)AFD Cadet Class 135 graduated Friday, May 5. (KXAN Photo/Jake Sykes)AFD Cadet Class 135 graduated Friday, May 5. (KXAN Photo/Jake Sykes)AFD Cadet Class 135 graduated Friday, May 5. (KXAN Photo/Jake Sykes)AFD Cadet Class 135 graduated Friday, May 5. (KXAN Photo/Jake Sykes)Some, like graduate Keoki Stauber, are glad to be done but don't want to rest on their laurels."We never wanna lose sight of the training, and hopefully learn something new everyday we go to work" Stauber said.This is the 135th graduate class of AFD's academy.

BLOG: Severe weather rolls through parts of Central Texas

Published Mon, 24 Feb 2025 11:16:30 GMT

This blog is no longer being updated.AUSTIN (KXAN) — Severe storms are moving across Central Texas. The main concerns Friday evening are large hail and damaging winds. Isolated tornadoes are also possible.Scattered storms have already started developing in parts of the Hill Country. Isolated to scattered storms will continue developing as we head into the evening getting roughly 40% of Central Texas rain.The southeastward movement of storms has increased the chances for rain in at least part of the Austin Metro Counties.Tennis ball-sized hail has already been reported between Llano and Burnet. KXAN First Warning Weather forecast Weather ResourcesHow to talk to your kids about severe weatherWatches vs Warnings: Understanding how a storm is madeTraffic mapLive Central Texas radarCentral Texas rainfall totalsDownload KXAN Weather AppSign up for KXAN daily forecast newsletter and severe weather alerts newsletterLatest blog updates are shown below:10:51 p.m.Outages in the area:Austin E...

World premiere of ‘An American Tail’ comes at right time, thanks to Children’s Theatre

Published Mon, 24 Feb 2025 11:16:30 GMT

If you’ve ever left a theater performance mulling why its producers thought it important to present that particular show at that time, know that you won’t feel that after attending Children’s Theatre Company’s world premiere production of “An American Tail.”At first blush, one could wonder why CTC chose to commission an adaptation of a 1986 animated feature inspired by stories passed down within the family of superstar film director Steven Spielberg. But the motivation becomes clear quickly in this energetic, entertaining and quite well-executed staging.For surely playwright Itamar Moses (a Tony winner for 2017’s “The Band’s Visit”) and composers Michael Mahler and Alan Schmuckler looked around late last decade and saw that immigrants were being scapegoated for a host of American problems, our borders hardening against entry. So they set to work on a story from the late 19th century, when the country was far more welcoming to new arrivals and saw it as a central element to the natio...