CNN’s Christiane Amanpour made a speech in Morocco today to tell companies to continue to invest in journalism. ”Good journalism is good business,” she said. ”Without the storytellers there is no business; there is no successful business.”
Warren Buffett just made a huge bet on the oil industry’s continued success. Specifically Exxon.
The U.S. just destroyed six tons of ivory to prove a point about poaching.
FCC to phone companies: Make it easy to unlock phones, or else.
The 400 wealthiest Americans are worth a record $2.02 trillion, roughly equivalent to the GDP of Russia.Forbes’ list of the richest people in the U.S. is reading for the 0.00000005625 percent.
The surplus wealth I have has no utility to me. It has all kinds of utility to the rest of the world if used properly.Warren Buffett: My Extra Money Would Be More Useful To Others (via huffingtonpost)
» “I just couldn’t make the deal … We couldn’t come to an agreement.”: Buffett, known as a shrewd investor even when the stakes are insanely high, spoke about his almost-deal Saturday on Bloomberg TV. He wouldn’t say who it was, but considering the value, it must’ve been a massive company with a sizable legacy. Why’d he pass on the deal? Simple. Too expensive. The deal would’ve forced him to sell securities he wanted to keep. Buffett, who recently announced he was suffering from cancer, is still looking for the right deals to help add value to his $37.8 billion in cash. ”If we can make a good deal tomorrow, whether it’s big or small, we’ll make it,” he said.