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Unassigned desks help companies save on real estate because they typically have fewer desks than employees, rather than assigned workstations. In a Monday memo to employees, Jassy said that the company is going to bring back assigned desks in offices that once had them. Amazon's return to office and return to a fixed-desk mandate is in line with its recent crackdown on pandemic-era benefits. AdvertisementThe end of hot deskingWhile hot desking was first introduced by IBM in the 1990s, it became especially popular after the pandemic. Others hate moving their things around and having to adjust their desks and computers each time they begin to work.
Persons: , Andy Jassy, Jassy, Amazon's, Meta, that's Organizations: Service, Business, CNBC, Puget, ., IBM, Employees, Tech, Google Locations: Arlington , Virginia, Europe, View , California
The Titan submersible plunged thousands of feet down the forbidding depths of the North Atlantic Ocean in search of the Titanic wreck site when it imploded, killing all five on board. OceanGate came under heavy scrutiny as a result of the disaster — an almost unheard-of occurrence in the submersible industry. But after the Titan didn’t return at its scheduled time, the Polar Prince contacted the Coast Guard. The suit remains ongoing, and a former OceanGate engineering director, Tony Nissen, named as a defendant, is expected to appear Monday at the Coast Guard hearing. “The Titan submersible did not just go down with its inventor — it went down with paying passengers.”
Persons: , Guillermo Söhnlein, Jason Neubauer, OceanGate, , voyagers, Polar Prince, Paul, Henri Nargeolet, Hamish Harding, Shahzada Dawood, Suleman, Rush, “ Stockton, I’d, ” Söhnlein, David Lochridge, Lochridge, ” OceanGate, Nargeolet, Tony Nissen, Neubauer, Peter Girguis, there’s, ” Girguis Organizations: Coast Guard, Marine Board, OceanGate, Marine Board of, Department of Justice, Polar, Stockton Rush, Associated Press, Harvard University, Oceanographic Locations: Canada’s, French, North Charleston , South Carolina, Washington, U.S
WASHINGTON — Divided House Republicans stumbled last week in their effort to pass Speaker Mike Johnson’s bill to fund the government. “A government shutdown is always a bad idea, at any time,” Senate Minority Leader Mitch McConnell, R-Ky., told reporters. The speaker’s initial strategy had called for a six-month continuing resolution (CR) tied to the SAVE Act, legislation backed by Republican presidential nominee Donald Trump requiring proof of citizenship to vote. It’s unclear whether Johnson this week will try to tweak the SAVE Act approach or try something entirely different. Republicans see the SAVE Act as a mechanism to try to force politically vulnerable Democrats into a difficult position.
Persons: Mike Johnson’s, They’ll, , Mitch McConnell, Johnson, he’s, , Sen, John Cornyn, ” Cornyn, ” Johnson, Donald Trump, JD Vance, Ohio, Mike Rogers, we’re, Joe Biden, Chuck Schumer, ” Schumer, “ You’ve, Thomas Massie, it’s “, ” Massie, Jon Tester, ” Tester, it’s, noncitizens Organizations: Republicans, GOP, SAVE, Republican, Trump, CRs, Armed Services, NBC, Capitol, Locations: WASHINGTON, Ky, Texas
How Close Are the Planet’s Climate Tipping Points? How close today’s ice is to suffering the same fate is something scientists are still trying to figure out. Sudden Shift in the West African Monsoon0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warmingAround 15,000 years ago, the Sahara started turning green. When it might happen: Hard to predict. “With every gram of additional CO2 in the atmosphere, we are increasing the likelihood of tipping events,” he said.
Persons: , Tapio Schneider, “ It’s, David Holland, Niklas Boers, Organizations: California Institute of Technology, West Antarctic, New York University, Animals, Amazon, Technical University of Munich, Potsdam Institute, Climate Impact Locations: Western Canada, Alaska, Siberia, Greenland, Antarctica, Sahara, North Africa, East Africa, Africa, Caribbean, Europe
The kids that like doing that boring part are just not your typical kid.”Memes of Nedoroscik sitting and waiting 2-plus hours to compete went viral this week, while phrases like Pommel Horse Guy, America’s Pommel Horse Hero and the Clark Kent of Pommel Horse spread across the Internet. But when it was time to hop on the pommel horse, he delivered an #Olympics moment. This week, The Athletic spoke with some of Nedoroscik’s former teammates, coaches and supporters to hear their best stories of America’s Mr. Pommel Horse. “That’s Stephen. (Matt Marton / USA Today)Taking away the Rubik’s CubeNedoroscik was obsessive and passionate about learning pommel horse.
Persons: Matt Carbone, Carbone, that’s, Stephen, , he’s, Stephen Nedoroscik, haven’t, ” Carbone, “ We’re, Nedoroscik, Liz Gonzalez, Bob, it’s, Liz, Bob —, , Bob Gonzalez, “ They’re, Guy, Clark Kent, Ben Cooperman, ” Cooperman, , USA's Stephen Nedoroscik, 6vRNnUXhF2, America’s, Michael Meagher, Meagher, Steve, , ” Meagher, , he’ll, ’ ” Meagher, “ That’s Stephen, “ He’s, Kareem Abdul, Jabbar, Cooperman, Matt Marton, Bryan Perla, ” Nedoroscik, “ He’d, Ian Skirkey, “ I’ve, Brennan Pantazis, Pantazis hadn’t, Pantazis, ‘ Brennan, ” Pantazis, Penn, Jack Baldwin, ” Baldwin, “ Stephen, Baldwin, ” Sam Davis, Davis, ” Davis, ” Said Baldwin, “ That’s, Daniela Porcelli Organizations: Sterling Gym, Paris Olympics, U.S, Penn State, Sterling, University of Massachusetts, ’ Worcester Technical High, Engineering, Worcester Tech, Junior, Worcester, NBA, NCAA, Stanford, Penn, Team USA, Rocket, XBox, Rocket League Locations: Sterling ,, Worcester, Paris, USA, Las Vegas, Vegas, Penn State, Eurasia
When it was his turn, Nedoroscik ditched his glasses and Team USA jacket and headed to the pommel horse. He’s earning Clark Kent comparisons for the unassuming demeanor and similar specs he wears before losing both to become a confident pommel horse hero. He’s Team USA’s pommel horse proStephen Nedoroscik defied gravity on the pommel horse at Monday's men's gymnastics team final. Abbie Parr/APWhile teammates like Brody Malone and Fred Richard flit between events like rings and vault, Nedoroscik only performs on one apparatus: pommel horse. Stateside, he’s been crowned the US pommel horse champion four times, tying the record for most pommel horse wins, per USA Gymnastics.
Persons: Stephen Nedoroscik, wasn’t snoozing, Nedoroscik, flinging, they’d, , it’s, He’s, Clark Kent, Abbie Parr, Brody Malone, Fred Richard flit, he’s, Paris Nedoroscik, , , Fred Richard, wouldn’t, Kotb’s, Ray, hasn’t, hadn’t, Simone Biles Organizations: CNN, Paris Olympic Games, Evo Gymnastics, USA, Olympic, Penn State’s, Paris, Penn State, Olympics Locations: American, Sarasota , Florida, Paris, Kitakyushu, Japan, Fort Myers , Florida, , cubing
Advertisement“But I don’t need to see when I do pommel horse,” Nedoroscik said, a bronze medal draped around his neck and a grin spread across his face. The result: a 14.866 score that secured bronze for Team USA, its first team medal in gymnastics since 2008. “It was Penn State squirrels in the Penn State parking garage,” Jepson said with a laugh. Nedoroscik had come to State College to check out Penn State and its facilities but never told Jepson he was coming. He did it at Penn State, where he eventually won two national titles, and he does it now, on the senior circuit.
Persons: Stephen Nedoroscik, Priestly, , Wears, , Nedoroscik, ” Nedoroscik, Randy Jepson, Nedoroscik hadn’t, ” Jepson, Jepson, he’s, Stephen, Daniela Porcelli, , Frederick Richard, Paul Juda, Brody Malone, , Jordan Chiles, James Long Organizations: Team USA, Penn State, Jepson, State College, USA, COVID, U.S, United Locations: Paris, Penn State, Tokyo, Eurasia, United States, USA
Ferrari program aims to stop counterfeit cars.
  + stars: | 2024-07-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +4 min
Ferrari is so determined to maintain the authenticity of its cars, then, that it’s crushing potential fakes into cubes. Potential tattle-tales can share tips on possible faux Ferrari goods on a web page Ferrari created just for the purpose. How to fake a carWhile creating fake merchandise can be a simple matter of placing an unlicensed Ferrari prancing horse logo on a product, producing a believable fake Ferrari car can be much more involved. “Generally, the Ferrari collector tends to have a considerable knowledge over the brand as a whole and its cars, especially the most valuable ones,” said the spokesperson. As an example of the fate that awaits any fake Ferrari automobiles the company can find, Ferrari published a photo of a red car squished into a crinkled metal cube.
Persons: Ferrari, – Ferraristi, , ” Ferrari, Brian Rabold, , ” Rabold, they’ll, Enzo, Michael Mann, “ Ferrari Organizations: CNN —, counterfeits, CNN, Ferrari Locations: Italy, Italian
Royal Academy of Arts, London / David ParryLondon has long been home to some of the world's leading art galleries — Tate Modern, Somerset House and the National Gallery are among the U.K.'s most visited attractions. CNBC asked a mix of artists to name their favorite public and commercial galleries to visit in London — large or small. Contemporary galleries — and an upscale hotelMultidisciplinary artist Lauren Baker, who is exhibiting at the Venice Biennale until November, named contemporary galleries — and a hotel — as her favorite places to see art in London. Her top London galleries include the Royal Academy of Arts, for its "wonderful" exhibitions, she told CNBC by email. Rob Stothard | Getty ImagesEdwards also likes major London galleries Tate Modern and Tate Britain.
Persons: David Parry London, Lauren Baker, Alice, It's, Rachael Louise Bailey, Matthew Harris, Baker, Woolff, Apolline Bokkerink, Joanne Tinker, Jeff Greenberg, Matthew Flower, Amanda Wilkinson —, Maureen Paley, Gillian Wearing, Wolfgang Tillmans, Ratnam, Katharine Edwards, Mark Rothko's, Rothko, Rob Stothard, Edwards, Mark Rothko, Komal Madar, Kandinsky, Munter, Komal, Madar, Judy Chicago's, Modigliani, Gilbert Proesch, George Passmore, Gilbert, Joe Maher, Tom Oldham, Dave Grohl, Usain Bolt, Gilbert Prousch, Oldham, Queen Elizabeth II, Andy Warhol, Phillips, Dan Kitwood Organizations: Royal Academy of Arts, Royal Academy of Arts ,, Somerset House, CNBC, Venice Biennale, Alice Black Gallery, Universal, Getty, Turner, Tate Galleries, Cricket Fine, London's Tate, Tate, Tate Britain, Seagram, Gilbert & George Centre, Oldham, George Centre, . Locations: London, Royal Academy of Arts , London, Venice, London's Soho, Fitzrovia, Mayfair, Andalusia, Spain, London's Chelsea, New York, Serpentine, Hyde, London's Bermondsey, Islington, Soho, England
The Rubik’s Cube Turns 50
  + stars: | 2024-07-01 | by ( Siobhan Roberts | ) www.nytimes.com   time to read: +1 min
A big math conference was underway and Dr. Rokicki, a retired programmer based in Palo Alto, Calif., had helped organize a two-day special session about “serious recreational mathematics” celebrating the 50th anniversary of the Rubik’s Cube. Dr. Rokicki instead recommends the old-fashioned strategy: Set out on a lone path and discover a solving method, even if it takes weeks or months. (It took the computer scientist Donald Knuth less than 12 hours, starting at his dining table in the evening and working straight through to the morning.) Mr. Rubik said that, yes, he indeed did corners-first. Mr. Rubik, who is known to take a philosophical approach to cubology and to life in general, added: “My method was understanding.”‘Cubitus magikia’
Persons: Bright, Tomas Rokicki, Rokicki, Erno Rubik, Rubik, Erik Demaine, Robert Hearn, Mr, Donald Knuth Organizations: Moscone, YouTube Locations: downtown San Francisco, Palo Alto, Calif, videoconference, Spain, Hungarian, Portola Valley
The International Union for the Conservation of Nature reports 35% of all shark species are threatened with extinction. The primary reason is overfishing; shark meat and fins are highly sought. That research has helped expand the number of shark species now regulated by CITES. Cardeñosa said when he got started in the field, there were only five or six shark species regulated by the CITES agreement. How you can help sharksOne of the easiest ways to help sharks and all marine life is to try to consume seafood from sustainable sources.
Persons: Florida CNN — Diego Cardeñosa, , Cardeñosa, Demian Chapman, Isaac Lawrence, they’ve, Diego Cardeñosa, Diego Cardeñosa Cardeñosa, ” Cardeñosa, Organizations: Florida CNN, International Union for, Nature, Fisheries, , Florida International University, International Trade, Fauna, FIU, Getty, Criminal Investigation, Interpol, CITES, Aquarium Seafood, FIU Foundation Locations: Miami, Florida, Colombia, Europe, South America, Hong Kong, Latin America, AFP, Sri Lanka, Spain, Belize, Panama, Ecuador, Peru, Brazil, China, Eastern, Baja , California, Central, Monterey
The same could not be said for their sprawling entertainment businesses. The three men meet occasionally to discuss the state of the industry, and lively disagreements have a been a staple of their discussions. But by the time they met on the yacht, they had all agreed that the money-losing status quo in the streaming business was unsustainable. “There was peace in the valley for a period of time,” Mr. Malone mused in a rare recent interview, recalling the days before video-streaming upended the lucrative cable business. Disney laid off thousands of workers and pushed out its chief executive as streaming losses mounted, and had to fend off a proxy contest from the activist investor Nelson Peltz.
Persons: Brian Roberts, John Malone, Barry Diller, Diller’s, ” Mr, Malone, Nelson Peltz Organizations: Mr, Arriva, Paramount, CBS, Warner Bros, Disney Locations: Jupiter, Fla
At least 14 Malaysians, 165 Indonesians, 68 Jordanians, 35 Pakistanis, 35 Tunisians, 11 Iranians and 98 Indians have died, according to authorities in each country. According to a CNN tally, this brings the latest official death toll for this year’s pilgrimage to at least 460. The death tolls are expected to rise much further, as Saudi Arabia and Egypt have yet to release official figures. The Bernama report did not specify if the dead were members of the country’s official Hajj delegation. The government is targeting 30 million pilgrims by 2030.
Persons: Mostafa Madbouly, Abdel Fattah el, Mecca Rafiq Maqbool, Mohd Na’im Mokhtar, , Arafat, Prophet Mohammed, King Salman bin Abdulaziz, Prince Mohammed bin Salman, Edward Szekeres, Handi Alkhshali, Aishwarya S Iyer Organizations: CNN, Jordanian Foreign Ministry, Crescent, Saudi, Reuters, Saudi Ministry of Health, Associated Press, AP Malaysia’s, Religious, News Agency, Hajj, India’s Ministry, External Affairs, Saudi General Authority, Statistics Locations: Mecca, Jordanian, Saudi Arabia, Egypt, Mina, Saudi
Friedrich Zoneaire Portable Air Conditioner (ZCP12DB) The dual-hose Friedrich Zoneaire Portable Air Conditioner did the best job cooling and was the quietest portable air conditioner we tested. Our review of the Friedrich portable air conditionerThe Friedrich Zoneaire has intuitive onboard controls, and pairs to an app for remote access. However, even the best portable air conditioner doesn't compare to your typical window air conditioner when it comes to energy efficiency. The top pick in our best portable air conditioner guide is the LG Dual Inverter Smart WiFi Portable Air Conditioner (LP1419IVSM). If a window air conditioner sounds appealing, get buying advice from our best air conditioner guide.
Persons: Friedrich, Friedrich Zoneaire, James Brains, cranking, I'd, Friedrich Zoneaire —, Friedrich AC doesn't, Friedrich Chill Premier Organizations: Business, Madison, ARC, Friedrich, isn't Energy, Amazon Alexa, LG, Friedrich Chill, Friedrich Chill Premier Air
MECCA, Saudi Arabia (AP) — Hundreds of people died during this year's Hajj pilgrimage in Saudi Arabia as the faithful faced intense high temperatures at Islamic holy sites in the desert kingdom, officials said Wednesday as people tried to claim their loved ones' bodies. Saudi Arabia has not commented on the death toll amid the heat during the pilgrimage, required of every able Muslim once in their life, nor offered any causes for those who died. Already, several countries have said some of their pilgrims died because of the heat that swept across the holy sites at Mecca, including Jordan and Tunisia. More than 1.83 million Muslims performed the Hajj in 2024, including more than 1.6 million pilgrims from 22 countries, and around 222,000 Saudi citizens and residents, according to the Saudi Hajj authorities. Saudi Arabia has never acknowledged the full toll of the stampede.
Persons: Al Saud, King Salman Organizations: Associated Press, Public Health, Saudi National Center for Meteorology, Massachusetts Institute of Technology Locations: Mecca, MECCA, Saudi Arabia, Al, Muaisem, Jordan, Tunisia, Mina, Saudi, Algeria, Egypt, India, Medina . Saudi Arabia, Islam, hajj
CNN —“Make Europe Great Again” is Hungary’s official motto for its upcoming turn at the rotating presidency of the Council of the European Union. The country announced the motto and a new logo in a video posted on X on Tuesday. The motto is a near-exact copy of the slogan adopted by former US President Donald Trump, who has previously heaped praise on Hungarian Prime Minister Viktor Orbán. The cube features the Hungarian flag on one face and the EU flag on another. In May, Orbán held the third annual American-style CPAC (Conservative Political Action Conference) in Hungary.
Persons: Donald Trump, Viktor Orbán, Trump, , It’s, Orbán, Trump’s, MAGA, Viktor Orban, Marton Monus, Reuters Trump, Organizations: CNN, of, European Union, Mar, White House, EU, Reuters Locations: Hungarian, Lago, Florida, Hungary, Budapest, Europe
Amanda Goh/Business InsiderInitially, they planned to use Bali as a base to travel around Asia. Amanda Goh/Business Insider"It was very busy, very loud, and a lot of traffic," Lucie said. Amanda Goh/Business InsiderBuilding the home took about four months, and they estimate they spent about $70,000 on the build. Amanda Goh/Business InsiderFor instance, the couple's house is supported by six steel pillars and made from local brick. Amanda Goh/Business Insider"How much material was extracted from the ground, transported, and transformed?
Persons: , Lucie Yu, Lucie, Tanguy, Amanda Goh, Tony Gwilliam, Gwilliam, R, Buckminster Organizations: Service, Business Locations: Bali, Lombok, Paris, Asia, Kerobokan, Canggu, Kediri
Read preview"I'll have a gin and tonic," I'd told the bartender after taking the last seat at the bar. I sat down and texted my husband, Jon, that I'd made it to the jazz club. Advertisement"Oh, no thanks, I'm waiting for my husband," I disclosed — raising my left hand with wedding and engagement rings. Later, when my tongue hit the ice in my glass, I heard him say,"I don't think you're married, or your husband isn't coming." Rick looked up at him.
Persons: , I'd, Jon, I'm, isn't, he'd, Rick, Sara Vaughn, Nina Simone, texted Organizations: Service, Business Locations: California
Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission's decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 9% to $3,680.98, according to Coin Metrics. Investors are reconsidering the probability that the SEC greenlights spot ether ETF applications amid reports that the SEC has requested document updates from potential ETF issuers and exchanges. Final decisions on applications by VanEck and Ark Invest are due this Thursday and Friday, respectively. BlackRock, Fidelity, Invesco, Grayscale and Bitwise Asset Management also have applications awaiting decisions this year.
Persons: Cryptocurrencies, Ether, bitcoin, Robinhood, Bartosz Lipiński Organizations: U.S . Securities, Exchange, Metrics, Marathon, Energy, SEC, Cube Exchange, Fidelity, Management Locations: BlackRock
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailParamount is a melting ice cube, and the future is not good, says NYT's Jim StewartJames Stewart, New York Times columnist, joins 'Money Movers' to discuss the ordeal around Paramount, whether opportunities were left on the table for Paramount, and much more.
Persons: Jim Stewart James Stewart Organizations: Paramount, Jim Stewart James Stewart , New York Times Locations: Jim Stewart James Stewart ,
Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.
Persons: , Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, , Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, , Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland
People are surprised to learn that Mari Murdock, 36, is a professional game master, a role in which she organizes and narrates tabletop roleplaying games like Dungeons & Dragons. Dungeons & Dragons is an open-ended tabletop game in which the narrative is shaped by the players' choices, whether that's through combat, puzzles or negotiation. But as Murdock played tabletop games through the 2010s, she grew more confident in the skills it takes to run a good game. The timing was fortuitous, as tabletop gaming became more popular during the pandemic. For Murdock, gaming allows you to immerse yourself in "a pretend situation where you are imagining that you are someone else.
Persons: Mari Murdock, Graham Merwin, Murdock, — it's, Scott, Murdock's, Mari, she'd, Dax Levine, , Levine, Max, we've, it's Organizations: CNBC, Westminster University, Brigham Young University, Hawaii, BYU, Dragons, Guinness World Records, &, PayPal, Hulu, Spotify, Amazon Prime, Max Insurance, Relief Society Locations: Utah, Salt Lake City, Michigan, Hawaii, Japan, Scott, Provo , Utah
Right now, I feel closer to Donald J. Trump than I ever have before. That's because Trump looks like he's having trouble staying awake at his first-ever criminal trial. I don't know how long I was out for — probably just a few seconds — but definitely long enough for them to notice, and for me to notice that they noticed. I don't know when Donald Trump goes to sleep, but I do know that during his Twitter era, he tended to do a lot of late-night scrolling — also relatable — and posting. So don't worry about the nap-shaming, Mr. Trump — many of us do the same thing.
Persons: , Donald J, Trump, Romeo, Juliet, George Costanza's, I'm, Donald Trump, I've Organizations: Service, Business, Seinfeld, Pixar, Gallup Locations: U.S
It comes at a time when women's sports generally — from basketball to soccer and even volleyball — are attracting new viewers. Last week's college women's basketball championship game between the Hawkeyes and the South Carolina Gamecocks, meanwhile, snagged more viewers than any basketball — women or men, college or pro — since 2019, ESPN said. It's not just women's college ball that's luring eyeballs. Attendance at US women's pro soccer games increased by 23% in 2023, according to National World Soccer League commissioner Jessica Berman. And that's just the start, according to hedge fund mogul Marc Larsry, who recently declared women's sports the next "big opportunity" for sports investing.
Persons: Big3, Caitlin Clark, Caitlin, Ted Lasso, Jason Sudeikis, Travis Scott, It's, Jessica Berman, Marc Larsry Organizations: University of Iowa, Business, Iowa Hawkeyes, Hawkeyes, South Carolina Gamecocks, ESPN, National World Soccer League, Deloitte, Wall Locations: Nebraska, Silicon
"Gold ... has two significant shortcomings, being neither of much use nor procreative," Buffett said in his 2011 annual letter. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end." Gold hit a new, all-time high above $2,400 an ounce on Friday, enjoying its third straight week of gains. Silver buying spree Buffett's vocal criticism of gold doesn't mean that he's never dabbled in precious metals. In the late 1990s, the Ben Graham acolyte went on a big silver buying spree, with Berkshire owning 129.7 million ounces of silver.
Persons: — Warren Buffett, Buffett, Gold Buffett, Croesus, Berkshire Hathaway, Ben Graham acolyte Organizations: Oracle, Investors, Berkshire Locations: East, Europe, Asia, Omaha, United States
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