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Read previewWarren Buffett let slip a slew of intriguing facts and anecdotes during Berkshire Hathaway's annual shareholder meeting on Saturday. But the Berkshire CEO also warned of higher taxes, teased a potential Canadian investment, and revealed a $500 million gift of Berkshire stock. Cash hoardBerkshire's mountain of cash and Treasury hit a record $189 billion last quarter, and it's likely to swell to more than $200 billion this quarter, Buffett said. Taxing timesThe government will probably raise taxes in the coming years in a bid to balance its budget, Buffett said. Pocket changeBuffett claimed that if he had only $1 million to invest instead of nearly $200 billion, he could earn a 50% annual return.
Persons: , Warren Buffett, Buffett, he'd, Costco Buffett, Charlie Munger, Charlie, Talia Lakritz, he's, Todd Combs, Ted Weschler, Greg Abel, Greg, Munger, Abel, haven't, Ruth Gottesman, Sandy Gottesman, Brent N, Clarke, Garry Kasparov, Kasparov, B Organizations: Service, Paramount, Business, Treasury, Costco, Albert Einstein College of Medicine, Getty, Berkshire, Nebraska Furniture Locations: Berkshire, Russian, Omaha, Costco . Berkshire, Wisconsin, Canada, Nebraska
Albert Einstein College of Medicine received a record-breaking $1 billion donation for free tuition. The donation means all current and future students will receive free tuition. AdvertisementA student at a Bronx medical school that received a $1 billion tuition fee donation said he was elated, but he wouldn't want to be in the shoes of future applicants. "I still have to pinch myself and remind myself that this actually happened," Kohanzadeh told Business Insider. AdvertisementNonetheless, he said he would still encourage future students to apply as it isn't "out of reach for anyone who is extremely passionate."
Persons: Albert, , Ruth Gottesman, Gottesman, David, Sandy, Brent N, Clarke, Warren Buffett, XOy9HZLbfD, 1ijv02jHFk —, Avraham, Avi, Kohanzadeh, would've, there's Organizations: Albert Einstein College of Medicine, Service, New York Times, Forbes, Manhattan Co, Times, Pediatrics, Health, Business Locations: Bronx, Berkshire Hathaway, @EinsteinMed
New York CNN —Students at the Albert Einstein College of Medicine in New York will receive free tuition after a $1 billion dollar donation from a former faculty member. In 2010, their gift of $25 million to the Albert Einstein College of Medicine went towards creating the school’s Institute for Stem Cell Research and Regenerative Medicine. Professor Emerita of Pediatrics at Albert Einstein College of Medicine and The Lizette H. Sarnoff Award recipient Ruth L. Gottesman, Ed.D. Brent N. Clarke/Getty ImagesDr. Ruth Gottesman joined the medical school in 1968 and developed screening, evaluation and treatments for children with learning disabilities. In 2018, in part due to Langone’s donations, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students.
Persons: Ruth Gottesman, David “ Sandy ” Gottesman, Berkshire Hathaway, Warren Buffett, Philip Ozuah, Sandy Gottesman, , Sandy, , H, Sarnoff, Ruth L, Brent N, Clarke, Emily Fisher Landau, Ruth Gottesman’s, Michael Bloomberg, Ken Langone, Yaron Tomer, Albert Einstein Organizations: New, New York CNN, Albert Einstein College of Medicine, Montefiore Medicine, Manhattan Co, school’s, Stem Cell Research, Regenerative, Sinai, Pediatrics, Rehabilitation Center, Emily Fisher Landau Center, Johns Hopkins University, Home Depot, NYU’s School of Medicine, Association of American Medical Colleges, Locations: New York, Berkshire, Manhattan, New York City, Bronx
And according to Brent, many people's dining room rugs aren't right for their spaces. AdvertisementWhen you're decorating your dining room, you likely rely on a few key pieces to make it feel inviting. But getting the right rug for your dining room can be difficult, as designer and YouTuber Kiva Brent recently shared in an Instagram Reel. Advertisement"Stick to washable rugs, layer cowhides that are fairly easy to clean, or forgo the rug in the dining room," Brent said in the same Reel. Whatever you decide, make sure you're getting a rug that actually suits your dining room — not one that doesn't fit your space.
Persons: Kiva Brent, , Brent, Bilal Rehman Organizations: Service Locations: Brent
Asia off to slow start, lot of easing already priced in
  + stars: | 2023-11-20 | by ( Wayne Cole | ) www.reuters.com   time to read: +4 min
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) edged up 0.1%, having climbed 2.8% last week to a two-month high. Japan's Nikkei (.N225) was little changed, and is up almost 9% for the month so far amid upbeat corporate earnings. A LOT PRICED INMarkets have all but priced out the risk of a further hike in December or next year, and imply a 30% chance of an easing starting in March. Futures also imply around 100 basis points of cuts for 2024, up from 77 basis points before the benign October inflation report shook markets. "If another soft print eventuates, expect pricing for ECB cuts to extend beyond the current 100bps of cuts being priced for 2024."
Persons: Issei Kato, Goldman Sachs, Brent nudged, Wayne Cole, Lincoln Organizations: REUTERS, Nikkei, Nvidia, Hamas, Japan's Nikkei, Nasdaq, Tech, Futures, U.S, European Central Bank, NAB, ECB, Thomson Locations: Tokyo, Japan, SYDNEY, Israel, United States, Gaza, Asia, Pacific, October's
The brand referred to them as “fluid interruptions,” a concept that was echoed in the collection’s flowing organza dresses and fringed skirts. Above all, though, it evoked the secretions of a snail, an animal that has recently been crawling into the realms of design and fashion. In an accelerated age, it makes sense that we’d revere a creature that moves through the world slowly and deliberately. In 2019, he released a wearable snail-shaped art piece made from recycled plastic bottles and bags. At least 1,100 species of land snails are known to be endangered, so it’s only natural that the fashion companies celebrating snails in their designs are usually those that limit waste or rely upon recycled materials: The British label Story Mfg.
Persons: , Eric Tobua, who’s, Brent Neale Winston Organizations: British Locations: Bangkok
All three benchmarks had gained more than $1 in earlier trading, and both front-month contracts are set to record a second weekly gain as an explosion at a Gaza hospital this week and an anticipated ground invasion by Israeli troops heightened fears of the conflict spreading in the Middle East. "Signs that an Israeli ground offensive in the Gaza Strip is imminent have been pushing oil prices up significantly since yesterday. So far, however, the supply situation on the market has not changed," Commerzbank analysts wrote in a note on Friday. Oil prices are "likely to remain well supported, especially as the oil market is significantly undersupplied at present", they said. "Venezuelan oil production will not be a significant factor in shaping the global oil balance in the foreseeable future," Tamas Varga of oil broker PVM wrote in a note.
Persons: Andrew Kelly, Brent, Yoav Gallant, Tamas Varga, PVM, Paul Carsten, Florence Tan, Sudarshan, Shri Navaratnam, Jason Neely Organizations: REUTERS, Brent, . West Texas, Israeli, Pentagon, Strategic Petroleum Reserve, U.S . Department of Energy, Reuters, Thomson Locations: Manhattan , New York City, U.S, Gaza, Venezuela, Israel, Yemen, Saudi Arabia, Russia, United States, Washington, OPEC, London
Both front-month contracts are set to record a second weekly gain as an explosion at a Gaza hospital this week and an anticipated ground invasion by Israeli troops heightened fears of the conflict spreading in the Middle East. "Signs that an Israeli ground offensive in the Gaza Strip is imminent have been pushing oil prices up significantly since yesterday. So far, however, the supply situation on the market has not changed," Commerzbank analysts wrote in a note on Friday. Oil prices are "likely to remain well supported, especially as the oil market is significantly undersupplied at present", they said. "Venezuelan oil production will not be a significant factor in shaping the global oil balance in the foreseeable future," Tamas Varga of oil broker PVM wrote in a note.
Persons: Andrew Kelly, Brent, Yoav Gallant, Tamas Varga, PVM, Paul Carsten, Florence Tan, Sudarshan, Shri Navaratnam, Jason Neely Organizations: REUTERS, Minister, Brent, . West Texas, Israeli, Pentagon, Strategic Petroleum Reserve, U.S . Department of Energy, Reuters, Thomson Locations: Manhattan , New York City, U.S, Gaza, Venezuela, Israel, Yemen, Saudi Arabia, Russia, United States, Washington, OPEC, London
To be sure, even with Monday's advance, oil prices remain well off their late September peaks. In addition to receiving a lift from crude's gain, Coterra is benefiting from the continued strength in natural gas. On Monday, natural gas futures rose another 1%, to around $3.37 per million British thermal units. Last week, natural gas surged 14% to reach its highest price since late January. The stock's massive outperformance Friday means that any financial benefit Pioneer would receive from Monday's higher oil prices was already captured in the session prior.
Persons: Morgan Stanley, Israel, Brent, WTI, John Kilduff, Jim Cramer, Jim, Pioneer's, CNBC's David Faber, Exxon's, Jim Cramer's, Richard Eden Organizations: Hamas, Natural Resources, Coterra Energy, West Texas, Brent, Gaza, CNBC, Energy, State Street Global Advisors, P Oil & Gas Exploration, Production, Exxon Mobil, Journal, Club, Exxon, Denbury Inc, Silhouette, Getty Locations: Palestinian, Israel, U.S, Palestinian Territories, Houston, Midland , Texas
Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. Brent December crude futures rose $1.04 to $93.24 a barrel by 1124 GMT after falling 90 cents on Friday. Both benchmarks rallied nearly 30% in the third quarter on forecasts of a wide crude supply deficit in the fourth quarter after Saudi Arabia and Russia extended additional supply cuts to the end of the year. A Reuters survey on Monday showed OPEC oil output rose for a second straight month in September, led by increases in Nigeria and Iran despite cuts by Saudi Arabia. Despite the brighter China news, European manufacturing data showed the euro zone, Germany and Britain all remained mired in a downturn in September - bad news for oil demand.
Persons: Agustin Marcarian, Baker Hughes, Brent, Hiroyuki Kikukawa, Haitham Al Ghais, Paul Carsten, Yuka Obayashi, Emily Chow, Kim Coghill, Kirsten Donovan Organizations: REUTERS, . West Texas, of, Petroleum, Reuters, NS, ING, PMI, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, U.S, Saudi Arabia, Russia, OPEC, Nigeria, Iran, Turkey, Iraq, China, Germany, Britain, London, Tokyo
Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. Brent December crude futures rose 17 cents, or 0.18%, to $92.37 a barrel by 0802 GMT after falling 90 cents on Friday. Brent November futures settled 7 cents lower at $95.31 a barrel at the contract's expiry on Friday. U.S. West Texas Intermediate crude futures gained 26 cents, or 0.29%, to $91.05 a barrel, after losing 92 cents on Friday. Both benchmarks rallied nearly 30% in the third quarter on forecasts of a wide crude supply deficit in the fourth quarter after Saudi Arabia and Russia extended additional supply cuts to the end of the year.
Persons: Agustin Marcarian, Baker Hughes, Brent, Hiroyuki Kikukawa, Haitham Al Ghais, Paul Carsten, Yuka Obayashi, Emily Chow, Kim Coghill, Kirsten Donovan Organizations: REUTERS, . West Texas, of, Petroleum, Reuters, NS, ING, PMI, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, U.S, Saudi Arabia, Russia, OPEC, Abu Dhabi, London, Tokyo
Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. Brent December crude futures rose 49 cents, or 0.5%, to $92.69 a barrel by 0645 GMT after falling 90 cents on Friday. Brent November futures settled down 7 cents at $95.31 a barrel at the contract's expiry on Friday. U.S. West Texas Intermediate crude futures gained 55 cents, or 0.6%, to $91.34 a barrel, after losing 92 cents on Friday. However, a private-sector survey on Sunday was less encouraging, showing the country's factory activity expanded at a slower pace in September.
Persons: Agustin Marcarian, Baker Hughes, recouping, Brent, Hiroyuki Kikukawa, Kevin McCarthy, Yuka Obayashi, Emily Chow, Jamie Freed, Shri Navaratnam, Kim Coghill Organizations: REUTERS, . West Texas, of, Petroleum, NS, Nissan Securities, ING, PMI, Republican, Reuters, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, TOKYO, U.S, Saudi Arabia, Russia, OPEC, Tokyo
Oil prices climb as investor risk appetite grows
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: +2 min
Oil rig and pump of H&P Rig 488 in Stanton, Texas, on June 8, 2023. Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite. Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel by 0037 GMT after falling 90 cents on Friday. Brent November futures settled down 7 cents at $95.31 a barrel at the contract's expiry on Friday. U.S. West Texas Intermediate crude futures gained 23 cents, or 0.3%, to $91.02 a barrel, after losing 92 cents on Friday.
Persons: Brent, Hiroyuki Kikukawa, Kevin McCarthy, Baker Hughes Organizations: . West Texas, of, Petroleum, NS, Nissan Securities, Republican, Reuters Locations: Stanton , Texas, U.S, Saudi Arabia, Russia, OPEC
Oil up $1 on tight U.S. supply, China demand
  + stars: | 2023-09-29 | by ( Robert Harvey | ) www.reuters.com   time to read: +2 min
An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Acquire Licensing RightsCompanies Saudi Arabian Oil Co FollowLONDON, Sept 29 (Reuters) - Oil prices rose on Friday and were headed for a gain of about 3% for the week, driven by tight U.S. supply and expectations of strong fuel demand in China during the Golden Week holiday. China's fuel demand was set to firm as the week-long Golden Week holiday began on Friday. "(An) increase in international travel during the Golden Week holiday is boosting Chinese oil demand," ANZ analysts said in a client note. Saudi Arabia and Russia's supply cuts will dominate oil prices for the remainder of this year, but a run towards $100 per barrel could be capped by macroeconomic headwinds, analysts said.
Persons: Ahmed Jadallah, Brent, Carsten Fritsch, Robert Harvey, Katya Golubkova, Sonali Paul, Mark Potter Organizations: REUTERS, Rights Companies Saudi Arabian Oil, . West Texas, ANZ, Golden, St . Petersburg International Mercantile Exchange, Reuters, Thomson Locations: Aramco, Saudi, Saudi Arabia, China, U.S, Cushing , Oklahoma, Russia, St
An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Acquire Licensing RightsSept 29 (Reuters) - Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply. U.S. West Texas Intermediate crude (WTI) settled down 92 cents to $90.97, up 1% in the week and 29% in the quarter. While the total rig count fell by 51 in the third quarter, the cuts have slowed compared with a reduction of 81 in the second quarter as oil prices have rebounded due to tightening supplies. The supply cuts announced by Saudi Arabia and Russia are expected to dominate oil prices for the remainder of this year.
Persons: Ahmed Jadallah, Brent, WTI, John Kilduff, Lael Brainard, Baker Hughes, Suvro Sarkar, Robert Harvey, Katya Golubkova, Sonali Paul, Mark Potter, Paul Simao, Jan Harvey, David Gregorio Our Organizations: REUTERS, . West Texas, Federal Reserve Bank of Dallas, Energy Information Administration, Investors, White, Evergrande, HK, Reuters, Aramco, National Australia Bank, DBS Bank, Thomson Locations: Aramco, Saudi, Saudi Arabia, New York, U.S, Brent, OPEC, Russia
An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Acquire Licensing RightsCompanies Saudi Arabian Oil Co FollowSept 29 (Reuters) - Oil prices were set for a weekly gain of around 2% after regaining ground on Friday as strong holiday demand from China and persistently tight U.S. fundamentals outweighed expectations of possible supply increases from Saudi Arabia. The market eased about 1% in the previous session, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates may weigh on oil demand. Improving macroeconomic data from China, the world's largest oil importer, coupled with strong fuel demand as the country as it embarked on its week-long Golden Week holiday on Friday, supported prices. "(An) increase in international travel during the Golden Week holiday is boosting Chinese oil demand," ANZ analysts said in a client note.
Persons: Ahmed Jadallah, Brent, Katya Golubkova, Jamie Freed, Sonali Paul Organizations: REUTERS, Rights Companies Saudi Arabian Oil, Brent, . West Texas, ANZ, Golden, Traders, Organization of, Petroleum, ING Bank, Aramco, National Australia Bank, Thomson Locations: Aramco, Saudi, Saudi Arabia, China, U.S, Cushing , Oklahoma, OPEC
Oil prices fall as Russia, Saudi Arabia expected to boost supply
  + stars: | 2023-09-29 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Oil prices had eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates may weigh on oil demand. "Oil prices recent rally paused overnight," National Australia Bank said in a note. Russia has not discussed a possible crude oil supply increase to compensate for Moscow's fuel exports ban with OPEC+, the Kremlin has said. "(An) increase in international travel during the Golden Week holiday is boosting Chinese oil demand," ANZ Research said in a note.
Persons: Brent Organizations: Brent, . West Texas, National Australia Bank, Aramco, Organization of, Petroleum, Russian, JPMorgan, Kremlin, ANZ Research Locations: New Mexico, U.S, Russia, Saudi Arabia, China, OPEC, Turkey, Brazil, Morocco, Tunisia
New York CNN —A top US Treasury official is heading to Hong Kong as the White House continues its quest to ease tensions with Beijing and avoid a destabilizing crisis. During the trip, Neiman — the highest-ranking Treasury official to visit Hong Kong since 2019 — plans to meet with government officials, private sector economists and executives from the financial and legal sectors. He is also set to meet with US companies that are members of the American Chamber of Commerce in Hong Kong as well as with students. “Neiman will stress the United States’ focus on securing and advancing our economic and national security interests, along with those of our allies, and protecting human rights,” the Treasury official told CNN. Hong Kong is a semi-autonomous Chinese territory that is also the country’s international financial center.
Persons: Brent Neiman, Neiman, , “ Neiman, Ilaria Mazzocco, Joe Biden, Antony Blinken, John Kerry, Janet Yellen, Gina Raimondo, Yellen’s, Biden, Raimondo’s, can’t, Mazzocco, Yellen, Raimondo, , , ” Clayton Allen, ” Allen, ” Nikki Haley, Nikki Haley, CNN’s Jake Tapper, Wally Adeyemo, it’s, ” Adeyemo, CNN’s Poppy Harlow, Andrew King Organizations: New, New York CNN, US Treasury, US, Treasury, CNN, American Chamber of Commerce, Center for Strategic & International Studies, Washington, Apple, Huawei, Eurasia Group, Republican, Future Union Locations: New York, Hong Kong, Beijing, China, States, Washington, West, United States, “ China
The reforms in the constitution will align Swimming Australia's governance with the requirements of World Aquatics and the International Olympic Committee. Australia are among the strongest swimming nations in the world and topped the gold medal tally at the world championships in Japan last month. World Aquatics said it had endorsed the new constitution after being consulted during the process of its development. "World Aquatics welcomes the changes to the Swimming Australia constitution, which will give more power to athletes and a voice on the board, while also delivering a broader voting base more closely connected to athletes and coaches," said World Aquatics Executive Director Brent Nowicki. "The changes will also allow for a modernised governance structure that aligns with the sport's requirements as a member of World Aquatics."
Persons: Michelle Gallen, Gallen, Brent Nowicki, Shrivathsa Sridhar, Sonali Paul Organizations: Australia, Aquatics, International Olympic Committee, Swimming Australia, Thomson Locations: Paris, Australia, Japan, Bengaluru
A pool of energy service stocks are likely to rally through year-end thanks to fatter profit margins leading to quarter-over-quarter earnings growth and higher price-to-earnings multiples, Goldman Sachs analysts said in a Tuesday note to clients. Service stocks as a whole have far outperformed the Energy Select Sector SPDR ETF this year, Goldman noted. OIH XLE 3M mountain Energy service ETF vs Energy ETF over past three months. SLB : SLB is benefiting from increased spending on oil and gas exploration and production in the Middle East. Other energy service stocks Goldman also rates a buy are Halliburton , MasTec and Expro Group Holdings .
Persons: Goldman Sachs, Goldman, Ati Modak, Brent, Baker Hughes, BKR, — CNBC's Michael Bloom Organizations: Energy, VanEck Oil Services, Companies, bbl, Weatherford, Halliburton, MasTec, Expro Group Holdings
Auto firms have been slow to plan for graphite shortages, focusing mainly on better-known battery materials lithium and cobalt, even though graphite is the largest battery component by weight. Graphite shortages are expected to rise in coming years, with a global supply deficit of 777,000 tonnes expected by 2030, Project Blue projections showed. China produces 61% of global natural graphite and 98% of the final processed material to make battery anodes, BMI said. Agreeing graphite supply deals is complex, requiring extensive safety testing for material going into each model of EV that can take up to three years. Natural graphite anodes tend to be cheaper and are beneficial for cell capacity and power output, allowing cars to run further distances before charging.
Persons: Tomas Bergman, Handout, there's, Mark Thompson, Australia's, Northvolt, Thompson, Talga, Mercedes, Brent Nykoliation, Tesla, George Miller, Reitumetse, Eric Onstad, Veronica Brown, Sharon Singleton Organizations: Talga Group, Reuters, Mercedes, Auto, Australia's Talga, BMO Capital Markets, Benchmark Mineral Intelligence, BMI, Reuters Graphics, Toyota, Ford, Tesla Inc, Toyota Motor Corp, Ford Motor, Benz, Renault, NextSource, Syrah Resources, Magnis Energy Technologies, U.S, European Union, Thomson Locations: Norrbotten, Sweden, China, Madagascar, Mozambique, United States, Europe, U.S, Mauritius, CHINA, Western
PG YTD mountain Procter & Gamble YTD performance A resilient business and a strong quarter , where organic sales increased 7% and gross margins inflected will do that. In what has been a tough market lately, P & G has held up, thanks to the defensive nature of its business. PXD YTD mountain Pioneer Natural Resources YTD performance With Pioneer, this is our "oily" energy play that now pays out a healthy annual dividend yield of about 6.48%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
watch nowInitially, remote work was seen as a necessary measure to contain the spread of the virus. Twitter recently shut its Seattle offices as a cost-cutting measure and told employees to work from home, a reversal from an earlier position that employees work at least 40 hours a week in the office. "It's still an evolving trend, but the movement is very much toward increased remote work," Pollak said. Remote work may endure even in a recessionNot everyone agrees that the benefits of working from home outweigh costs. Evidence suggests employee mentoring, innovation and company culture may suffer if jobs are fully remote, Bloom said.
Paramount Pictures Worldwide box office: $603.9 million ($925 million, adjusted for inflation) Total domestic box office: $234.3 million Domestic opening weekend: $64.9 million Budget: $132 million 9. Paramount Studios Worldwide box office: $474.2 million ($1.1 billion, adjusted for inflation) Total domestic box office: $197.2 million Domestic opening weekend: $29.4 million Budget: $48 million 7. Paramount Pictures Worldwide box office: $790.7 million ($1.1 billion, adjusted for inflation) Total domestic box office: $317.1 million Domestic opening weekend: $100.1 million Budget: $185 million 6. Universal Worldwide box office: $618.6 million ($1.15 billion, adjusted for inflation) Total domestic box office: $229.1 million Domestic opening weekend: $72.1 million Budget: $73 million 5. Universal Worldwide box office: $792.9 million ($2.5 billion, adjusted for inflation) Total domestic box office: $437.1 million Domestic opening weekend: $11.8 million Budget: $10.5 million 1.
ZipRecruiter, another job site, found a fourfold increase in job listings mentioning remote work, to a 12% total share. In all, remote work translates to roughly 4% more hours worked during a 40-hour week. "People really, really want remote work," Pollak said, adding: "It's difficult to put the genie back in the bottle." 'Significant variation' in remote work opportunitiesThat said, most jobs in the U.S. economy can't be done remotely. People really, really want remote work.
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