May 13, 2016 |
MAYOR KENNEY'S proposed tax on sugary drinks has gotten Bernie Sanders, Michael Bloomberg and Warren Buffett to be involved in the debate. Sanders correctly saw the tax as regressive and a burden on poorer Philadelphians. He was chastised by all sorts of big, nanny-state liberals as not understanding that this tax was not just about funding universal prekindergarten. Stephen Stromberg, writing in the Washington Post, said of Sanders' view, "The point of soda taxes is to guide people away from over-consuming a product that no one needs to live and that should be treated as an indulgence.
April 12, 2016 |
It was, by far, the most interesting point of the 36 minutes Josh Harris and Bryan Colangelo spent together in front of the media Sunday afternoon inside the Hall of Fame Club at the Wells Fargo Center. Harris, the 76ers' majority owner, was asked if he considered the nearly three years with Sam Hinkie as the team's general manager a success. Colangelo, the man introduced as Hinkie's replacement, intervened. "I do think it has been a success, because we're at a jumping-off point now," Colangelo said a few hours before the Sixers played their final home game against the Milwaukee Bucks.
February 28, 2016
Warren Buffett says candidates miss the mark on the economy. A3. Currents "Establishment:" Has it lost its meaning? C1. Past fired-up campaigns didn't always endure. C1. Is the math on Trump's side? Smerconish, C5.
February 4, 2016
By David Chavern If you want to know who still believes in a future for news media, just turn to some of our most respected businessmen: Warren Buffett. Jeff Bezos. John Henry. Glen Taylor. All of them have made significant investments in newspapers despite the media pundits who have been predicting the death of the newspaper industry for years. Just a few weeks ago, Buffett acquired his 32nd paper, the Fredericksburg Free-Lance-Star, demonstrating that print journalism remains relevant even as our digital audience - on mobile, social media, virtual reality, and a variety of other platforms - continues to grow rapidly.
March 17, 2014 |
I am reading about graph theory and the pairwise relationships between objects. Very soon, there will be many pairwise relationships scheduled between basketball teams, and it is very important to understand these. Reading about graph theory is not fun - at least not for me - but it will be necessary to understand when it is time to decide if there is a graph that can properly predict whether the fourth representative from the Atlantic Coast Conference is superior in time, space, and three-point percentage to the automatic qualifier from the Sun Belt Conference.
January 7, 2014 |
Want to "green" your portfolio? You can invest in mutual funds that keep an eye on the environment by owning shares in companies that, say, treat wastewater used in the "fracking" of natural gas, one of Pennsylvania's booming industries. Pax World is just one of several mutual fund outfits that offers what's known as a "fossil fuel-free" mutual fund, one that includes investments in energy efficiency, alternative energies like solar and so-called low-carbon technologies. Joe Keefe, president and CEO of Pax World Management, based in Portsmouth, N.H., recommends "a multipronged approach.
July 8, 2013 |
Where are the great minds and best decisions in business - and what have been the great failures? Here are some answers and, perhaps, some lessons for the rest of us. What do Amazon.com founder Jeff Bezos, Oprah Winfrey, and Ross Perot have in common? According to the "Great Minds in Business" feature section at Entrepreneur.com, they are among many visionary entrepreneurs. The site has biographical sketches of dozens of such visionaries, including Steve Jobs, hip-hop promoter Russell Simmons, and McDonald's Corp.
May 7, 2013 |
NEW YORK - Bank of America led a rally in big-bank stocks in mostly quiet trading Monday. Stock indexes ended little changed following a record-setting run last week. News that Bank of America and MBIA, a bond-insurance company, had reached a settlement over a long-running dispute propelled both companies' stocks. BofA will pay $1.7 billion to MBIA and extend the troubled company a credit line. MBIA soared 45 percent, or $4.46, to $14.29. Bank of America gained 5 percent, or 64 cents, to $12.88, making it the leading company in the Dow Jones industrial average.
April 13, 2013 |
The partners buying Pittsburgh's H.J. Heinz Co. have chosen one of their own to take over as chief executive officer after the $28 billion sale goes through. Bernardo Hees, who has been CEO of Burger King Worldwide Inc. and who previously ran a railroad and logistics company, will succeed Bill Johnson, according to an announcement Thursday. Johnson's role after the sale of the company to Warren Buffett's Berkshire Hathaway and 3G Capital isn't clear. He has led Heinz for 15 years and will continue as chairman, president, and CEO through the transaction.
March 13, 2013
John J. Byrne Jr., 80, the chairman and chief executive of Geico who was credited with leading the insurance giant from near-bankruptcy to profitability in the late 1970s - an achievement that remains one of the celebrated turnarounds in modern business history - died Thursday at his home in Etna, N.H. His death, from cancer, was confirmed by his colleague Bob Snyder. For years, Mr. Byrne was one of the most prominent businessmen in Washington, and for decades, he was one of the most noted executives in his industry.