Your monthly bill for Netflix and Spotify may be going up. States are trying to capitalize on Americans’ growing fervor for digital consumption of movies, TV, music and other media content by taxing monthly subscriptions for streaming entertainment services. That means that $12.99 bill you just paid for a February full of on-demand shows could
An interview with private equity titans Robert F. Smith, Leon Black, Bruce Flatt and Jonathan Sokoloff. In this interview, the gentlemen discuss their private equity investment strategies and how they archive high returns. They also talk about the fund raising environment and give their global outlook on private equity. Like if you enjoyed Subscribe for
Crawfish concierge at Ritz-Carlton New Orleans. Source: Ritz-Carlton New Orleans Pantelis Evangelou is a guest services manager at the London Marriott Park Lane, but to young guests, he may be better known as the hotel’s teddy bear butler. The hotel offers a teddy-bear themed concierge service to children that is included with suite bookings or
Investor Paul Meeks is bracing for a bear market in technology. Meeks, who’s known for running the world’s largest tech fund during the dot-com boom, sees 20% pullback risks growing as the coronavirus outbreak spreads. “There is some comeuppance due, and unfortunately I think the coronavirus is that exogenous variable that is a catalyst to
Listings on Airbnb have come a long way since co-founders Brian Chesky and Joe Gebbia rented out air mattresses in their San Francisco apartment for $80 per night. What was then “Air Bed and Breakfast” is now a company with over 7 million listings that include French castles, Mexican bubble domes, American sheep wagons and
At least a few executives at major automakers have indicated that electric cars are the way of the future, and several of them are making big bets on battery-powered vehicles. But at least in the United States, the market seems to belong almost entirely to Tesla. The California carmaker’s Model 3 midsize sedan far outstripped
A.P. Moller-Maersk is the largest container shipping company in the world. Andia | UIG via Getty Images Shipping giant Maersk warned on Thursday that the coronavirus outbreak would weigh on earnings this year, compounding the woes of a container shipping industry already subdued by trade wars and an economic slowdown. Maersk, which reported a lower-than-expected
Mohammed Al-Jadaan, Saudi Arabia’s finance minister, at the World Economic Forum in Davos, Switzerland Jason Alden | Bloomberg | Getty Images Saudi Arabia is willing to support crisis-stricken Lebanon, but wants to see a realistic reform plan first, its finance minister said during the G-20 Summit in Riyadh on Sunday. Asked if the kingdom would
Daniel Grill | Getty Images When it comes to retirement, it’s no secret that women face an uphill battle financially. And while women’s retirement readiness is improving, there’s room for much more, according to new research from the Aegon Center for Longevity and Retirement. Women around the world share the same three career challenges: a
Sections of a Chinese interview with billionaire investor and vice chairman of Berkshire Hathaway, Charlie Munger. In this interview Charlie discusses his investment philosophy and value investing. Charlie also talks about the Chinese securities market and the opportunities in China (Transcript of interview, however it is in Mandarin:http://bit.ly/CMTranscript). ???? Books about Charlie Munger and his