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10 things you need to know today: July 16, 2014

The Fifth Column

A woman cries as Palestinians flee their homes in Gaza. A woman cries as Palestinians flee their homes in Gaza. (AP Photo/Lefteris Pitarakis)

The Week

Israel resumes air strikes after Hamas rejects cease-fire, Buffett gives away a record $2.8 billion, and more

1. Israel launches more air strikes after Hamas rejects truce
Israel resumed its air strikes in Gaza on Tuesday after Hamas, which runs the Palestinian territory, rejected a cease-fire plan proposed by Egypt and approved by Israel’s security cabinet. Israel warned that Hamas “would pay the price,” and urged tens of thousands of Palestinians to leave their homes in northern and eastern Gaza, suggesting their neighborhoods would be targeted next. A fresh barrage of rockets from Gaza killed one Israeli man. [The Dallas Morning News]

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2. Buffett gives his biggest annual charity gifts ever
Investment billionaire Warren Buffett donated a record $2.8 billion in securities to charity this year, according to a report to the…

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