There’s a natural populist animus against perceived insiders like McKinsey. But being able to go outside for services is a way to keep everyone honest Published Jan 26, 2023 • Last updated 4 days ago • 4 minute read 11 Comments U.S.-based McKinsey & Co. management consulting firm in Geneva. Photo by FABRICE COFFRINI/AFP via Getty… Continue reading William Watson: At least McKinsey doesn’t go on strike
Gautam Adani is tumbling down the ranking of the world’s richest people, and he’s already lost $28 billion in the first month of 2023
Gautam Adani — Asia’s richest person — saw his wealth plunge over $20 billion on Friday alone, per Bloomberg. The wealth wipeout followed a crash in the shares of his listed businesses, after a bombshell short-seller report. Adani is now the world’s 7th richest person — down from the 4th position earlier last week. Loading… Continue reading Gautam Adani is tumbling down the ranking of the world’s richest people, and he’s already lost $28 billion in the first month of 2023
Jeremy Grantham warns of a massive stock market crash and highlights what to own in his 2023 outlook. Here are the 7 best quotes.
Jeremy Grantham warned investors of the potential for a big stock market crash later this year. The co-founder of GMO said the stock market bubble was entering its “final phase” and outlined what to own during the potential volatility. Here are the seven best quotes from Grantham’s 2023 stock market outlook letter. Loading Something is… Continue reading Jeremy Grantham warns of a massive stock market crash and highlights what to own in his 2023 outlook. Here are the 7 best quotes.
Sam Bankman-Fried’s FTX might even owe money to a tiny Bahamian garden shop. Here are some surprising names on the crypto exchange’s long list of creditors.
FTX owes money to a lot of companies. Many on the list of creditors are small Bahamian businesses. Among FTX’s other creditors include Bodybuilding.com, an Idaho-based retailer that sells bodybuilding supplements. Insider looked through the 116-page court document to find the most surprising names among its creditors. Loading Something is loading. Thanks for signing up!… Continue reading Sam Bankman-Fried’s FTX might even owe money to a tiny Bahamian garden shop. Here are some surprising names on the crypto exchange’s long list of creditors.
Who is Coffeezilla, the crypto detective who says he got Sam Bankman-Fried to admit to fraud?
Stephen Findeisen, better known as Coffeezilla, has made crypto sleuthing a full-time gig. He played a role in Sam Bankman-Fried’s downfall, and says he got the FTX CEO to admit to fraud. Recently, Coffeezilla feuded with Logan Paul over a crypto game he said was a scam. Loading Something is loading. Thanks for signing up!… Continue reading Who is Coffeezilla, the crypto detective who says he got Sam Bankman-Fried to admit to fraud?
Warren Buffett bet $600 million on Gillette – and ended up owning Duracell. Here’s how his razor wager led to him buying the battery titan.
Warren Buffett’s Berkshire Hathaway built a $600 million position in Gillette in 1989. The investor’s company swapped its stake for over $4 billion of Procter & Gamble stock in 2005. Buffett used P&G shares and some cash to buy Duracell in 2014. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Warren Buffett bet $600 million on Gillette – and ended up owning Duracell. Here’s how his razor wager led to him buying the battery titan.
Friends of the Liberal government are adding to the pressure on Freeland to constrain spending
Ottawa’s inconsistent commitment to fiscal prudence is beginning to trouble some members of the Liberal family Published Jan 28, 2023 • Last updated 20 hours ago • 5 minute read 23 Comments Deputy Prime Minister and Minister of Finance Chrystia Freeland testifies at the Public Order Emergency Commission in Ottawa. Photo by Blair Gable/Reuters files A… Continue reading Friends of the Liberal government are adding to the pressure on Freeland to constrain spending
Bank of Canada signals rate hike pause: Here are the week’s top 7 stories
Watch Financial Post reporter Stephanie Hughes count down the stories that made headlines Tiff Macklem raised interest rates this week; CN Rail warned 2023 might prove rocky for earnings; Chrystia Freeland promised the next budget will be fiscally prudent. Photo by Wire services Stephanie Hughes, finance reporter for the Financial Post, walks you through the… Continue reading Bank of Canada signals rate hike pause: Here are the week’s top 7 stories
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