Secretary of State Marco Rubio announced that the State Department has revoked over 300 student visas, targeting foreign-born students engaged in activism. Many detained scholars were involved in pro-Palestinian protests, leading to their deportation. This marks a shift in the administration’s focus from criminals to students exercising free speech. Deportation proceedings are justified by a Cold War-era provision, giving officials the authority to revoke visas if a student is deemed a threat. Recent arrests include Iranian doctoral student Alireza Doroudi and Turkish national Rumeysa Ozturk, who criticized their universities’ responses to student demands. Rubio defended the actions, questioning the allowance of disruptive behavior on college campuses worldwide.
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Profits at Warren Buffett’s Berkshire Hathaway drop as it writes down its Kraft Heinz investment
Berkshire Hathaway reported a significant profit decline in Q2, earning $12.37 billion due to a $3.76 billion writedown on its Kraft Heinz stake, as the food company considers reversing its merger. Despite this, Berkshire's operating earnings slightly decreased to $11.16 billion, surpassing analyst expectations, while CEO Warren Buffett prepares to transition leadership to Vice Chairman Greg Abel later this year. Want More Context? 🔎
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