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AdvertisementThe world could mint its first trillionaire within a decade as the majority of us gets poorer, according to a new report. The prediction came in Oxfam's annual inequality report, published on Monday to coincide with the World Economic Forum in Davos, Switzerland. The predicted trillionaire would represent an unprecedented high-water mark in levels of global inequality that even now are starker than ever, the report said. Oxfam makes regular headlines with its annual wealth inequality report, which in recent years has made some jarring assessments. The report's calculations are based on Forbes' "Real-Time Billionaires" list and UBS' Global Wealth Report of 2023.
Persons: , Bernard Arnault, Jeff Bezos, Warren Buffett, Larry Ellison, Elon Musk, Rachel Riddell, Forbes, Charles Kenny Organizations: Oxfam, Service, World Economic, NPR, UBS, Global, Center for Global Development, World Bank Locations: Davos, Switzerland, Saharan Africa
Tesla stock tumbled 9% on Thursday after the EV maker reported disappointing third-quarter earnings. The share-price decline meant Elon Musk's net worth fell by $16 billion in a single day. However, Musk remains the world's richest person with an estimated $210 billion fortune. Even so, Musk remains the richest person in the world with an estimated net worth of $210 billion. On Wednesday, Tesla reported third-quarter revenues of $23.35 billion, missing Wall Street expectations of $24.06 billion.
Persons: Elon, Musk, , Elon Musk, Bernard Arnault, Arnault, Jeff Bezos, Bezos, Tesla Organizations: Service, Bloomberg, Big Tech
Then, sitting in her cell, before her banishment into the mysterious outside world — a supposed death sentence — Bernard tries to convince Juliette (and himself) that his authoritarian actions were for the good of all. “To me, that was a really important scene,” said the series creator and showrunner, Graham Yost (“Justified”). You get the sense that this guy who we’ve come to believe is stone evil is someone who has his own burden. You realize he has the worst job in the Silo.”That word, “Silo,” refers both to the enormous subterranean city that shelters 10,000 people and to the practice of information siloing: filtering data through narrow, manipulative networks. Those living in the Silo — this one, at least — believe themselves to be the last people on Earth, having been convinced that life is impossible in the wasteland outside.
Persons: Bernard, Tim Robbins, Juliette, Rebecca Ferguson, — Bernard, , Graham Yost, , You Organizations: , Apple
“You have a historical memory to call upon and you see the trust of American foreign policy and other foreign policy,” he said. “Anything that hurts America’s credibility, hurts America.”New York Times columnist William Safire praised the resignation. “In his final official act, Bernard Kalb rose above ‘State Department spokesman’ to become the spokesman for all Americans who respect and demand the truth,” Safire wrote. At CBS Marvin and Bernard were known as “The Kalbs,” but Bernard lived somewhat in the shadow of his younger brother. One widely circulated, but apocryphal, story had their mother calling the CBS foreign desk in New York and saying: “Hello, this is Marvin Kalb’s mother.
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