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☆ Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
▼ + stars: | 2024-11-25 | by ( Melissa Eddy | More About Melissa Eddy | ) www.nytimes.com time to read: +1 min

ThyssenKrupp, the largest steel maker in Germany, said Monday that it would eliminate up to 11,000 jobs by 2030, a decision that comes as the country struggled to overcome economic weakness that has hindered growth for nearly two years. The overhaul is aimed at returning ThyssenKrupp to profitability in the face of pressure from Asian competitors and high energy prices. ThyssenKrupp was among those hurt by the tariffs Mr. Trump imposed on steel and aluminum during his first term in office. Another 6,000 jobs will be cut through the sale of business activities or turning to external providers, the company said without elaborating. “Urgent measures are required to improve ThyssenKrupp Steel’s own productivity and operating efficiency and to achieve a competitive cost level,” the company said in a statement.

Persons: Donald J, Trump, ThyssenKrupp Locations: Germany, United States

☆ As New York’s Migrant Crisis Eases, Trump’s Deportation Threat Looms
▼ + stars: | 2024-11-25 | by ( Luis Ferré-Sadurní | ) www.nytimes.com time to read: +1 min

After a two-year influx of asylum seekers, New York City leaders are cautiously optimistic that the migrant crisis has begun to subside, and that the city’s emergency response is entering a new phase. Fewer migrants are arriving from the southern border. And on top of the slowdown, President-elect Donald J. Trump’s threats of mass deportations have injected a large dose of uncertainty into the situation. The threat of an immigration crackdown may accelerate a nearly five-month trend: The number of migrants in city shelters has declined for 19 consecutive weeks, as crossings at the U.S.-Mexico border have dropped to record lows. As of Nov. 17, the city was housing 57,400 migrants in 210 shelters, hotels and tent complexes — a drop of 17 percent from a peak of 69,000 in January.

Persons: Donald J, Eric Adams Organizations: Democrat Locations: New York City, U.S, Mexico

☆ Laos methanol poisonings: Father of Australian teen who died urges government ‘to protect others’ from tainted alcohol
▼ + stars: | 2024-11-25 | by ( Helen Regan | ) edition.cnn.com time to read: +8 min

CNN —The father of an Australian teenager who died from methanol poisoning while on a backpacking holiday has issued a plea to the Laos government to fully investigate his daughter’s death and ensure such incidents don’t happen again. Bianca Jones, 19, was one of six foreign tourists who died in a suspected mass methanol poisoning in Vang Vieng, a popular backpacker destination in northern Laos. Bianca Jones was enjoying a backpacking trip to Laos with her friend when they became severely ill after a night out in Vang Vieng. Foreign tourists float on tubes in a river in Vang Vieng, Laos, on November 19, 2024. Anupam Nath/APA major part of that much-needed revenue comes from towns like Vang Vieng.

Persons: Bianca Jones, –, Mark Jones, Bianca’s, “, …, ”, Bianca Jones ’, Holly Bowles, ” Jones, ” “, “ We’ll, Simone White, Anne, Sofie Orkild Coyman, Frela Vennervald Sorensen, James Louis Hutson, Colin Ahearn, ” Ahearn, Anupam Nath Organizations: CNN, Nine, Nine News, Lao News Agency, Vientiane Times, Laos Police Immigration Department, Associated Press, Police, Tourism, UNESCO, Initiative, China Railway Locations: Laos, Vang Vieng, British, American, Thailand, Vientiane, Vang Vieng District, Vientiane Times, Vang Vieng’s, Backpacker, Asia, Bali, ”, Southeast Asia, Vang, Luang Prabang, South Korea, China, Kunming, –

☆ Inside the Trump-Fueled Lobbying Frenzy From Mar-a-Lago to Washington
▼ + stars: | 2024-11-25 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +9 min

Never before, lobbyists say, has the geographic center of power shifted so dramatically with the arrival of a new administration. By leveraging his access to Trump, Ballard Partners was able to compete with the old white-shoe lobbying firms that have been the industry's dominant players for decades. Corporate clients need lobbyists who appreciate that Trump is "disrupting the status quo in Washington," Sayfie, the Ballard lobbyist, says. Some major companies, lobbyists say, have been caught off guard by the rapid pace of Trump's transition moves. Those who bankroll his staff and travel before he takes office, lobbyists say, stand to build connections and curry favor with the once and future commander in chief.

Persons: Donald Trump, Bill Helmich, Trump, Evan Power, who's, MAGA, Justin Sayfie, we've, Andrew Jackson, Trump's, Brian Ballard, Ballard, Jeffrey Brooks, Adams, Reese, Susie Wiles, Pam Bondi, Alex Brandon, Matt Slocum, Colin Roskey, Dave Wenhold, Miller, There's, Scott Mason, Knight, John Deere, Mason, Dave Levinthal Organizations: White House, Business, Florida GOP, Mar, Trump, Republicans, America, Washington, Ballard Partners, Google, American Airlines, Honda, Reynolds American, Geo Group, American Health Care Association, White, Facebook, Washington D.C Locations: Washington, —, Florida, Palm Beach, Doral, Mar, Holland

☆ Elon Musk said the F-35's makers are 'idiots' for still building manned jets as drone tech rises
▼ + stars: | 2024-11-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk criticized the F-35 program on Sunday. The GAO expects the F-35 program to cost about $2 trillion over its entire lifespan. The billionaire reposted a video montage of coordinated drone swarms on X, writing: "Meanwhile, some idiots are still building manned fighter jets like the F-35." Meanwhile, some idiots are still building manned fighter jets like the F-35 🗑️ 🫠pic.twitter.com/4JX27qcxz1 — Elon Musk (@elonmusk) November 24, 2024It's unclear if Musk intends to use his new position to impact any plans or costs for the F-35, the Pentagon's most expensive fighter program to date. AdvertisementMusk has said before that the US should consider remote-piloted alternatives to manned jets, both to keep up with the rise in drone warfare but also to help Air Force procurement stay competitive.

Persons: Elon Musk, Musk's, Trump, Donald Trump, emoji, Musk Organizations: GAO

☆ Warren Buffett suggests all parents do one thing before they die, whether they have 'modest or staggering wealth'
▼ + stars: | 2024-11-25 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

"Kids' imagination can run wild with what they think they should be getting," he said. Well, that's exactly why you want to discuss it, and not "punt that mess for when you're not around," Boneparth said. A child with a spending problem might inherit a trust, Boneparth added, in which they receive their bequest in regular installments. Aitor Diago | Moment | Getty ImagesYou might ask the well-off child, McClanahan said, "'Do you really care how I leave our assets? "When you're creating your estate document, ask your children in advance what's important to them," McClanahan said.

Persons: Warren Buffett, Berkshire Hathaway Inc Daniel Zuchnik, Douglas Boneparth, Boneparth, Buffett, you'll, Carolyn McClanahan, Aitor, McClanahan Organizations: Berkshire Hathaway Inc, Planning Partners Locations: New York City, Jacksonville , Florida

☆ Opinion | Don’t Let Donald Trump Drive You Into Internal Exile
▼ + stars: | 2024-11-25 | by ( Miriam Elder | ) www.nytimes.com time to read: +2 min

For months leading up to that moment, tens of thousands of Russians protested as Mr. Putin prepared to return to the Kremlin following four years in a shadow role as prime minister. The day before Mr. Putin was inaugurated in May, the police violently cracked down on a mass protest. When Mr. Putin drove through a Moscow cleared of any signs of life, and through the Kremlin gates, the protest movement was effectively dead. As this fact settled in, opposition-minded Russians flooded social media, recalling just how young they were when Mr. Putin first headed the state more than 12 years prior — some remembered their college days, others elementary school. The United States is not Russia, and Mr. Trump is not Mr. Putin.

Persons: Donald Trump’s, Vladimir Putin’s, Putin, Trump Organizations: Mr Locations: Moscow, United States, Russia

☆ Travelers died from suspected methanol poisoning in Laos
▼ + stars: | 2024-11-25 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSix travelers have died from suspected methanol poisoning in Laos, highlighting larger problem in AsiaSome fourteen people were reportedly sickened following a night out in Vang Vieng around Nov. 12, report CNBC's Monica Pitrelli. Methanol is cheaper than ethanol, which is the alcohol that's normally found in beer, wine and spirits. Odorless and colorless, drinking 30 milliliters of methanol — less than a standard shot — can be fatal. Most incidents occur in Asia, according to Doctors Without Borders.

Persons: CNBC's Monica Locations: Laos, Asia, Vang Vieng

☆ Does basic income work? We spoke to 8 families who got it.
▼ + stars: | 2024-11-25 | by ( ) www.businessinsider.com time to read: +2 min

The money, known as a Guaranteed Basic Income, is generally awarded for a year or two in monthly payments of $500 to $1,000. To see how the programs are working, we interviewed dozens of participants from a wide range of backgrounds and circumstances. What we found is that a guaranteed income — even a small one — can have a profound impact on people’s lives. To be sure, the guaranteed income isn’t enough to guarantee a better life. “The income makes the pain a little bit more tolerable, but it doesn’t take it completely away.

Persons: Jessica Nairns, ”, “, didn’t, Raven Smith Locations: Austin, Portland

☆ Why Some of the Year’s Best Performances Are From Actresses Who Say Very Little
▼ + stars: | 2024-11-25 | by ( Dana Stevens | ) www.nytimes.com time to read: +2 min

IN A TENSE moment midway through Edward Berger’s recent movie “Conclave,” a pulpy thriller about the process of selecting a new pope, Isabella Rossellini, playing a nun named Sister Agnes, enters a room full of cardinals from around the world. After asking permission to speak, Sister Agnes discreetly delivers a piece of information that will upend the papal election and expose some of the most powerful figures in the Roman Catholic Church to public, career-ending humiliation. For the rest of the film, Sister Agnes never says another word. For much of film history, women spoke less than men simply because their characters were seldom the story’s focus. The “strong, silent type” of westerns and detective stories was made strong by his silence, while female characters were typically weakened by theirs.

Persons: Edward Berger’s, ”, Isabella Rossellini, Agnes, Sister Agnes, Jeanne Falconetti, Carl Theodor Dreyer’s, Joan of Arc, Joan, it’s, Barbara Stanwyck’s Sugarpuss, Bette Davis’s Margo Channing, Eve ”, — Organizations: Roman Catholic Church

☆ Rethinking the 4% rule in retirement
▼ + stars: | 2024-11-25 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

The most commonly recommended rule of thumb is the so-called 4% rule, which means you spend 4% of your portfolio every year, on an inflation-adjusted basis. When you die, your nest egg could be almost as large if not larger than it was on your first day of retirement. For example, Morningstar ran simulations on a $1 million portfolio over 30 years using the 4% rule. That’s because the rule is based on a very high probability that you never exhaust your nest egg. “It’s not just about getting employees to retirement but (helping them figure out) what to do once they’re in retirement,” Williams said.

Persons: you’d, William Bengen, Morningstar, ” Christine Benz, ”, Rob Williams, Charles Schwab, Williams, It’s, Mark Warshawsky, Warshawsky, Craig Copeland, “ It’s, ” Williams Organizations: CNN, Social Security, Social Security Administration, Social, American Enterprise Institute, American Council for, Research

☆ Warren Buffett has advice for parents on inheritance planning
▼ + stars: | 2024-11-25 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

AdvertisementWarren Buffett shared advice on discussing inheritance with children in a nearly 1,500-word letter. Warren Buffett is sharing wisdom for parents: talk to your kids about their inheritance — before it's too late. Advertisement"When your children are mature, have them read your will before you sign it," Buffett wrote. in respect to testamentary decisions when you are no longer able to respond," Buffett wrote in the letter. Along with Melinda French Gates and Bill Gates, Buffett founded the Giving Pledge, a commitment for the world's billionaires to give the majority of their wealth towards philanthropy.

Persons: Warren Buffett, Buffett, they're, it's, Berkshire Hathaway, Susan Buffett, Howard, Peter, Susan, he's, jealousies, I've, Melinda French Gates, Bill Gates, Michael Bloomberg Organizations: Berkshire, Forbes

☆ The 7 most in-demand work-from-anywhere jobs companies are hiring for—some pay over $100,000
▼ + stars: | 2024-11-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

FlexJobs has identified the most in-demand work-from-anywhere jobs companies are hiring for by analyzing its database to find the highest volume of postings between June and November 2024. Such jobs are competitive: They account for only about 5% of all remote roles, FlexJobs reports. Some of the top companies hiring for work-from-anywhere jobs in the past six months on the platform include Duolingo, Invisible Technologies and the Wikimedia Foundation. Marketing, writing, project management and tech continue to be the fields with the most work-from-anywhere jobs. "For work-from-anywhere roles, employers are increasingly interested in workers who demonstrate advanced abilities, such as higher-level communication skills like negotiation, resourcefulness and problem-solving," Frana says.

Persons: FlexJobs, Toni Frana, Frana Organizations: Employers, CNBC, Technologies, Wikimedia Foundation, Marketing, Communications

☆ Tim Cook heads to China for the 3rd time this year as Apple braces for Trump trade policies
▼ + stars: | 2024-11-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementApple CEO Tim Cook is visiting China for the third time this year. Cook attended discussions focused on supply chain and trade issues, per Bloomberg. Apple CEO Tim Cook is visiting China for at least the third time this year as the tech giant prepares for president-elect Donald Trump's proposed import tariffs and the impact on global trade. AdvertisementAccording to Bloomberg, the discussion was focused on supply chain and trade issues. AdvertisementCook has made at least three public appearances in China this year to show his commitment to the country.

Persons: Tim Cook, Cook, Donald Trump's, Premier Li Qiang, Trump Organizations: Bloomberg, Apple, Premier, Beijing, Trump, Companies, China Central Television, Huawei Locations: China, Beijing

☆ Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
▼ + stars: | 2024-11-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Rumble , a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. "We believe that the world is still in the early stages of the adoption of bitcoin," Rumble chairman and CEO Chris Pavlovski said in a statement Monday. The move puts Rumble in the same company as MicroStrategy, which began employing an aggressive bitcoin-buying strategy in 2020. Rumble is viewed as a play linked to Donald Trump's return to the White House given its popularity among conservatives. MicroStrategy chairman and bitcoin evangelist Michael Saylor said last week on an X Spaces event that he plans to pitch the board of Microsoft in December on his bitcoin treasury strategy.

Persons: Chris Pavlovski, MicroStrategy's, Donald Trump's, Cantor Fitzgerald, Howard Lutnick, Trump, Lutnick, Bitcoin, Michael Saylor, Sen, Cynthia Lummis Organizations: Semler, Acurx Pharmaceuticals, YouTube, . Commerce, Microsoft Locations: Wyoming

☆ In-Air Emergencies Can Cause Lasting Trauma
▼ + stars: | 2024-11-25 | by ( Carly Lewis | ) www.nytimes.com time to read: +2 min

Last January, Shandy Brewer boarded an Alaska Airlines flight from Portland, Ore., to Ontario, Calif., en route to her grandmother’s birthday celebration. Brewer and the other passengers heard a loud bang. She couldn’t see that 15 rows behind her one of the plane’s doors had blown off, exposing passengers to open air at 16,000 feet. Brewer, now 30: “People say, ‘Nobody died on this flight’ — but we could have.” Ms. On the Fourth of July, the sound of fireworks made her feel “extreme panic,” and she had to hide indoors.

Persons: Shandy Brewer, Brewer, ‘ Nobody, Ms, ”, they’re Organizations: Alaska Airlines, National Academies of Sciences, Engineering, Medicine Locations: Portland ,, Ontario, Calif, Oregon, barreling, United States

☆ The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
▼ + stars: | 2024-11-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

It's a "capital junkie" that's been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. The April 2015 report highlighted the industry's massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. Most capital spending by automakers isn't wasted, but the industry isn't as efficient as other sectors, with minimal return on invested capital. Stock Chart Icon Stock chart icon Stocks of GM, Ford and Chrysler parent Stellantis in 2024. Courtesy: Business WireGM and Hyundai this summer entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies.

Persons: bender, Morgan Stanley, Adam Jonas, It's, Sergio Marchionne, Marchionne, Sergio Marchionne Brendan McDermid, Jonas, Joe Hinrichs, isn't, We've, Rebecca Evans, Roland Berger, Ford, Peter Rawlinson, Andrew Kelly, Oliver Blume, Blume, Paul Jacobson, Jacobson, Rivian, RJ Scaringe, Mary Barra, Euisun Chung, codevelop, Stellantis, —, Carlos Tavares, Oliver Bunic Organizations: General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Reuters, Rivian Automotive, Hyundai Motor, Toyota, CSX Corp, Rehab, Nissan, CNBC, Lucid Motors, Nasdaq, Churchill Capital Corp, Reuters Volkswagen, VW, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, Stellantis NV, Bloomberg, Getty Locations: Casa Grande , Arizona, Detroit, Japan, Germany, That's, New York City , New York, Europe, China, U.S, Kragujevac, Serbia

☆ Jim Cramer warns of market 'excess' as stocks surge
▼ + stars: | 2024-11-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday described signs of "excess" he sees across market sectors, saying these widespread dramatic gains make him somewhat apprehensive, warning investors not to get too greedy. "If you had the good fortune to participate in some of these seemingly excessive moves, I think you should give thanks to your gains," he said. While it's normal for the averages to rise following election day's "Republican sweep" — as Wall Street expects deregulation and lower taxes — Cramer pointed out that many roaring stocks aren't well-known or members of the Magnificent Seven. He also looked at "Trump trades," or stocks that Wall Street has embraced as they anticipate what President-elect Donald Trump's term, like private prison operators and oil service companies. "So, take what's been given to you, give thanks for your gains, and make sure you're not letting wins turn into losses."

Persons: CNBC's Jim Cramer, day's, — Cramer, Donald Trump's, Cramer Organizations: Trump

☆ Russia's invasion is showing the West war isn't just about having the best weapons — it's also about having more
▼ + stars: | 2024-11-25 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

But it needs to invest more in quantity if it wants to defend against Russia, warfare experts said. Russia's invasion of Ukraine is showing the West the value of quantity over quality. AdvertisementAnd in the aftermath of the Cold War, Western stockpiles of weaponry diminished and industry shrunk, leaving it less prepared to build large quantities of munitions and equipment. Advertisement"Assuming that you don't decisively defeat the Russians in the opening phase of the war," Barros said, "you're going to burn through all your ATACMS and HIMARS missiles and artillery ammunition." In an image taken from a video distributed by the Russian Defense Ministry Press Service in October, a Russian 120mm mortar crew fires toward a Ukrainian position.

Persons: Zelenskyy, Mick Ryan, George Barros, Abrams, Michael O'Hanlon, Barros, ANATOLII STEPANOV, that's, isn't, O'Hanlon, William Alberque, Alberque Organizations: Australian Army, Institute for, NATO, American, Brookings Institution, Getty, Stimson Center, Russian Defense Ministry Press Service, AP Locations: Ukraine, Western, Russia, China, West, Soviet, Ukraine Russia, Russian, Ukrainian, North Korea, Iran

☆ A South Korean man binge-eating to become too fat to serve is the latest creative attempt to dodge the country's draft
▼ + stars: | 2024-11-25 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

AdvertisementA South Korean man was given a one-year suspended sentence for evading military service. This is just the latest example of South Korean men going to extreme lengths to try to avoid serving. A South Korean man was found guilty of evading military service by deliberately putting on weight. While most South Korean men are expected to serve for at least a year and a half, shortly after finishing high school, the conscription law has a number of exceptions. This was the most common method in attempting to evade military service, with the second most common being faking a mental illness, with others falsely registering as disabled, and one internationally breaking a bone.

Persons: Kim Jong, — Organizations: The Korea Herald, country's, Korea Herald, BMI, Military Manpower Administration, South Locations: Seoul, South Korean

☆ Yemeni men were forced to fight in Ukraine after being lured to Russia by the promise of citizenship: report
▼ + stars: | 2024-11-25 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

AdvertisementYemeni men may have been tricked into fighting in Ukraine after promises of Russian citizenship. Russia is increasingly bringing in soldiers from other countries to help it fight in Ukraine. Yemeni men were duped into fighting in the Ukraine war after traveling to Russia on the promise of high salaries and citizenship, according to a report in the Financial Times. In March, The Guardian reported that countless Indian and Nepalese men have been duped into joining Russia in its fight against Ukraine. North Korea has also sent thousands of soldiers to Russia to fight against Ukraine.

Persons: Bashir Abbas, Putin, Tim Lenderking, Abbas Organizations: Analysts, Financial Times, Russia, FT, Stimson Center, US State Department, Guardian, Ukraine, The, Kremlin Locations: Ukraine, Russia, Rostov, Ukrainian, Iran, Yemen, Europe, North Korea, Washington

☆ The possibility of romance may be behind the spike in running
▼ + stars: | 2024-11-25 | by ( Jack Hillcox | ) edition.cnn.com time to read: +6 min

There have been at least 20 marriages between couples who met at the club, according to founder Tim Navin-Jones. As the endless scrolling through dating apps has become a feat of endurance, running clubs such as this one have developed a reputation for romance. When you think of running, the idea of romance may be the furthest thing from your mind. While traditional sports clubs are seeing their numbers decline, “informal groups” such as running clubs are seeing their numbers boom, Bekhuis said. For women, safety in numbersA possible romance isn't the only advantage to being part of a running group.

Persons: Tim Navin, Jones, ”, Mike Saes, “ It’s, ’, Chloe Thompson, Hidde, Bekhuis, Thompson, Molly Slater, Davison, Slater, Stephen, London Frontrunners, “ there’s, “ I’ve, Wojciech Pankow, Joe, “, Phil, it’s, It’s, Saes Organizations: London CNN, London, CNN, Behavioural Science, Radboud University, Cavan, UK’s University of Manchester, CNN’s Locations: Bermondsey, London, Guatemala, Paul’s, New York City, Instagram, Netherlands, Greater Manchester, Merseyside, North West England, York, England

☆ Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
▼ + stars: | 2024-11-25 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Buffett believes family wealth dynasties could have negative consequences such as eroding personal growth and complicating relationships. "I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday. He has appointed three trustees of his charitable trust to potentially succeed his children in disbursing his wealth. They are also somewhat younger than my children," Buffett wrote. He said he's built strong trust in his children's managerial ability and philanthropic ambition through years of observation.

Persons: Warren Buffett, Buffett, I've, Susie, Howie, Peter, disburse, he's Organizations: Oracle, BNSF Railway Locations: Berkshire Hathaway, Berkshire, Omaha , Nebraska, Omaha, Buffett's Berkshire

☆ Warren Buffett just updated his will—you can learn from it, 'whatever your level of wealth,' says estate planning expert
▼ + stars: | 2024-11-25 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

Throughout his sparkling career as an investor, Berkshire Hathaway chairman Warren Buffett has become a leading role model for those looking to accumulate wealth. Buffett shared new details of his estate plan in a letter published on Monday, elaborating on how he intends to transfer the vast majority of his fortune to philanthropic causes. "As a general matter, if you do not have an estate plan, the state will provide one," Reynoso says. To avoid confusion — and to keep your loved ones out of a lengthy and expensive legal process — you'd be wise to put together a basic estate plan. How to estate plan like Buffett

Persons: Warren Buffett, Buffett, he's, I'm, hadn't, it's, Jose Reynoso, Reynoso, Powers Organizations: Berkshire Hathaway, Wall Street, Private Wealth, Buffett Locations: Berkshire

☆ Tim Cook heads to China for the 3rd time this year as Apple prepares for Trump trade policies
▼ + stars: | 2024-11-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

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