LONDON—The $8.7 billion bid battle for Britain’s Morrisons intensified on Monday when a third private equity group entered the fray, sending the supermarket group’s share price racing ahead of the value of an offer it recommended on Saturday. New York-headquartered Apollo Global Management, which last year missed out on buying Morrisons rival Asda, said it…
Billionaire Investor Charlie Munger Says US Should Learn From CCP’s Authoritarianism
U.S. billionaire investor Charlie Munger, vice chairman of Berkshire Hathaway, praised China’s communist regime for its silencing of Alibaba founder Jack Ma. “Communists did the right thing,” said Munger on what the Chinese regime did to Ma, in an interview with CNBC on June 29. Munger, a longtime business partner of Warren Buffett, said the Chinese…
US Should Learn From CCP’s Authoritarianism, Billionaire Investor Charlie Munger Says
U.S. billionaire investor Charlie Munger, vice chairman of Berkshire Hathaway, praised China’s communist regime for its silencing of Alibaba founder Jack Ma. “Communists did the right thing,” said Munger on what the Chinese regime did to Ma, in an interview with CNBC on June 29. Munger, a longtime business partner of Warren Buffett, said the Chinese…
The Art of Working From Home
Article by Stephen Nalley It is estimated that approximately 45 percent of the workforce will be working from home in some capacity by the end of 2021. For someone who has worked remotely for the better part of the past 30 years, I have good news and bad news. The good news is you can increase…
Billionaire Warren Buffett Predicts New Pandemic Worse Than COVID-19
Article by Entrepreneur Staff The American billionaire Warren Buffett, known as the ‘Oracle of Omaha’, is sure that in the future a new pandemic will come that could be worse than that of COVID-19 , because despite the lessons that this experience has left us, people would not be prepared to face it either. It may…
Walmart Will Let Its Senior Packers Go Back to Work, Under Some Conditions
Article by Entrepreneur Staff Walmart México y Centroamérica will allow its senior packers to return to work. However, this will happen when the epidemiological traffic light in Mexico is at the lowest level of risk for COVID-19. The company announced that it restarted its conversations with the National Institute of Older Adults (INAPAM) with the…
Coronavirus Stimulus Checks: IRS Announces Dirty Dozen Tax Scams
This story originally appeared on ValueWalk Years 2020 and 2021 (so far) have been unforgettable years for many, both emotionally and financially. For scammers also it has been an unforgettable year, but in another way. Even though business was down, the distribution of coronavirus stimulus checks gave fraudsters plenty of opportunities to carry out scams. Q1 2021 hedge fund…
Suez Canal Says Deal Reached to Free Seized Vessel
CAIRO—The Suez Canal Authority on Sunday said it has reached an agreement to settle a financial dispute with the owners of a hulking container ship that blocked the crucial waterway for nearly a week earlier this year. The authority did not reveal details on the settlement deal with the Shoei Kisen Kaisha Ltd., the Japanese…
Bless Them, Don’t Enable Them
Dear Dave, My husband and I are both teachers, and we’re on Baby Step 7. We’re struggling with things where our wills are concerned. Three of our four adult children aren’t being wise with their money, and my husband and I disagree on how to talk to them about it and how it may affect…
Buying and Selling in a Hot Housing Market
The housing market is white hot right now! Home prices are way up over last year, and 50 percent of homes are selling for more than the asking price—$20,000, $50,000, even $100,000 more in some cases. That’s causing buyers everywhere to do some insane things to get the houses they want. More than half made…
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