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Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett made a lot of news at Berkshire Hathaway‘s first virtual annual meeting on Saturday, including revealing that he sold all his airline stocks and didn’t see any value in any major acquisitions amid the coronavirus pullback in stocks. The 89-year-old
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As a child growing up in the Democratic Republic of Congo, Gloire Ndongala didn’t know much about the wider world, with one exception: he adored US basketball star Michael Jordan. “Think about it, in the Congo we had hardly any technology back then, and we still heard of Michael Jordan,” Ndongala says. The Chicago Bulls
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These two brokers have some fundamental differences, one being among the most established discount online brokers while the other is a relative upstart. Fidelity continues to evolve as a major force in the online brokerage space. Fidelity’s brokerage service took our top spot overall in both our 2019 and 2020 Best Online Brokers Awards, as the
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Joanna is CEO of Quartz Properties, a residential real estate development firm working to make the home buying process simple and enjoyable. getty Change is hard. Even the smallest shifts in routine can lead to altered consumer behavior. As significant swaths of the country face the triple threat of a global pandemic, increasing economic insecurity and
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As investors and issuers focus more on environmental, social and governance issues, IHS Markit has brought on Dana Villanova to help lead its ESG and innovation presence in the municipal market. She will also head the broader Global Markets Group’s fixed-income efforts, as the company expands its reach in the buy and sell sides. At
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Ellen Calmas is Co-Founder/EVP at Boston-based Neighborhood Pay Services, creator of the NPS Rent Assurance Rent From Payroll platform. getty Well-managed real estate funds typically provide annual above-market returns for limited partners (LPs), justifying the requirement that investors qualify with a substantial amount of upfront cash. The ability to provide big upfront commitments makes high net worth
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Written by Nick Ackerman, co-produced by Stanford Chemist The Flaherty & Crumrine Preferred and Income Securities Fund (FFC) is currently trading around its average premium. This has come as the volatility of the last couple of weeks has brought the double-digit discount to a mid-single digit premium of 5.62%. Funds are generally avoided if they
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Topline Eric Trump must testify in a New York state investigation into the financial affairs of his father President Trump and his businesses before the election, a judge ruled Wednesday, rejecting his attorney’s claims that his “extreme travel schedule” and “related unavailability” on the campaign trail warrant a delay. Eric Trump pre-records his Republican National
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Convention center operators in Chicago and Columbus, Ohio are readying restructuring deals to help them weather the COVID-19 pandemic that’s dried up their business activities and blown holes in tax revenues. The Metropolitan Pier and Exposition of Authority will sell $163 million of project expansion new-money and refunding bonds in three series — a $68
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In my coverage of the Sprott Physical Gold and Silver Trust (CEF) back in May, I shared various supporting ideas that justified the fund as a buy. The central thesis was, as a bullion-backed fund, CEF would move up naturally purely because of a bull move in the precious metals. It has been just under
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Company: Pearson PLC (PSO) Business: Pearson delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The company operates through three segments, which include North America, core and growth. The company’s North America segment includes assessments and services businesses in the United States and Canada. The
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The changes are “disappointing,” said Charles Samuels of Mintz Levin, counsel to the National Association of Health & Educational Facilities Finance Authorities.Brian Tumulty, The Bond Buyer Nonprofits groups said Friday that several modifications to the Main Street Lending Program announced by the Federal Reserve may not be enough to provide access to credit for most
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