Facebook’s Libra Digital Currency – Upsetting the Balance of Power? Powerful governmental elites have historically controlled the creation of money. This period of history may be coming to an end. A new entrant has thrown its hat into the ring – Facebook. With its recent
Berkshire Hathaway (BRK-A, BRK-B) will hold its annual shareholder meeting in Omaha, Nebraska on Saturday, May 2. “I’ll certainly be there!” chairman and CEO Warren Buffett told Yahoo Finance. Buffett will be accompanied by Greg Abel, vice-chairman of the non-insurance operations, and a very limited audience.
Stocks in Japan and Australia fell in early trading Friday following losses on Wall Street, as most Asian markets were closed for holidays. Japan’s Nikkei NIK, -2.55% slid 2.3% and Australia’s S&P/ASX 200 XJO, -3.41% tumbled 3.6%, while New Zealand’s NSX-50 NZ50GR, -0.57% declined 0.5%.
(Reuters) – As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with inquiries from American firms who saw a golden opportunity in selling tests to determine coronavirus immunity. Unlike his typical clients, some firms
(Bloomberg) — Boeing Co. has already received $50 billion of orders for its bond offering Thursday, as the company comes off of one of its worst quarter on record with pandemic upending the global aviation industry. The airplane manufacturer is burning through the most cash
Americans’ retirement accounts dropped during coronavirus — here’s how much the average account has now
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. The U.S. economy has been severely impacted by the coronavirus, and Americans’ retirement savings haven’t been immune. Last week, Fidelity Investments released the results of its analysis of
Stock futures advanced Wednesday morning as investors awaited the advance print on first-quarter U.S. gross domestic product and digested a slew of mixed corporate earnings results after market close. Big tech stocks including Facebook, Amazon, Microsoft and Netflix led the broader market lower during Tuesday’s
(Bloomberg) — Billionaire activist investor Christopher Hohn has called on Wirecard AG to remove Chief Executive Officer Markus Braun after an independent audit of past revenues criticized the German payments processor for internal “shortcomings.” The probe by KPMG was unable to obtain the data needed