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The first vaccine for malaria received major regulatory approval in 2015. That means that the next desperately needed vaccine stands every chance of running into those same problems. The people who desperately needed a malaria vaccine were in villages in sub-Saharan Africa. The Bill & Melinda Gates Foundation put up more than $200 million to test it. “If you go from very enthusiastic to very unenthusiastic and you’re the Gates Foundation, people pay attention.”— Dr. Robert Newman, former director, Global Malaria Program, W.H.O.
Persons: it’s, It’s, We’ll, , Joe Cohen, Melinda Gates, Dr, Robert Newman, Organizations: U.S . Army, GlaxoSmithKline, GSK, PATH, Melinda Gates Foundation, Gates Foundation, Global Malaria Locations: Africa, Sierra Leone, Cameroon, Saharan Africa
CNN —French authorities have recorded more than 50 physical assaults on candidates and campaigners on the campaign trail, the country’s Interior Minister Gérald Darmanin said Friday as concerns mount about political violence ahead of France’s high-stakes parliamentary elections. However, we have counted 51 candidates, deputies, or campaigners who have been physically assaulted. The attacks have ranged from the less severe to “extremely serious,” Darmanin said, adding that some candidates have been hospitalised for their injuries. Roughly thirty or so people have been taken in for questioning in relation to the attacks, Darmanin added. In Cherbourg, a center-right candidate from The Republicans party, Nicolas Conquer, made a formal complaint after he claimed he was assaulted by left-wing campaigners on Monday.
Persons: Gérald Darmanin, ” Darmanin, Darmanin, Emmanuel Macron, Prisca Thevenot, Marie Dauchy, Nicolas Conquer Organizations: CNN, BFMTV, National, Republicans, Front, NFP, Interior Ministry, National Assembly Locations: , France, Savoie, Cherbourg
Termessos, Turkey CNN —Alexander the Great tried to conquer Termessos but failed. He reputedly called the city an “eagle’s nest.”Later, the Romans had more success in controlling the city. Barry Neild/CNNClimbing higher up the hillside on a rocky path sprouting with fragrant wild sage, there’s more evidence of how sophisticated life in Termessos would’ve been. Further up, the upper city walls give commanding views of the forest below and offer a good vantage point over anyone trying to sneak up for an invasion. In Termessos, the location is particularly significant, as it sits opposite a mountain that was once sacred to the city’s inhabitants.
Persons: Turkey CNN — Alexander the Great, Mount Güllük, Barry Neild, would’ve, , Önder Uğuz, he’s, Termessos, We’re, , Alexander the Great, Termessos would’ve Organizations: CNN, Turkey CNN, agora Locations: Termessos, Turkey, Antalya, That’s, Machu Picchu, Mount
In the 1990s, Apple watched as Bill Gates took Windows global, giving Microsoft absolute dominance over the nascent PC market. Apple's OpenAI dealWhen Apple revealed a partnership with OpenAI at its Worldwide Developers Conference (WWDC) in June, questions swirled about the terms of the long-rumored tie-up. AdvertisementApple's new suite of AI features revealed at WWDC, dubbed Apple Intelligence, hardly relies on OpenAI's technology. ChatGPT is more of an add-on that Apple users can choose to give, or refuse, permission to respond to queries. The success of Apple's OpenAI tie-up could come down to how many people are willing to buy new iPhones.
Persons: , Apple, Bill Gates, Steve Ballmer, Steve Jobs, Gates, Phil Schiller, Sam Altman's, Apple's, Apple isn't, OpenAI, Satya Nadella, Nadella, Yann LeCun, it's Organizations: Service, Microsoft, Business, Bloomberg, Apple, Big Tech, OpenAI, Worldwide Developers, Google . Apple Intelligence, Google, Apple Intelligence Locations: OpenAI
CNN —Concerns are growing about political violence ahead of high-stakes parliamentary elections in France after a series of lawmakers were attacked on the campaign trail this week. French government spokesperson Prisca Thevenot and her team came under attack while canvassing on Wednesday night, the latest in a string of violent incidents involving French lawmakers contesting Sunday’s parliamentary elections. Four people have been taken in for questioning regarding the incident, Interior Minister Gérald Darmanin told French television station France 2 on Thursday morning. Acknowledging that violence has been linked to both the far-right and far-left camps, Bardella vowed, if appointed, to be a prime minister who “re-establishes order” in France. An additional 30,000 police officers and gendarmes will be deployed across France on Sunday night in the event of public disorder, Darmanin said Thursday.
Persons: Prisca Thevenot, Marie Dauchy, Nicolas Conquer, Emmanuel Macron, Gérald Darmanin, Thevenot, , Jordan Bardella, ” Bardella, CNN’s, Bardella, , Gabriel Attal, Darmanin Organizations: CNN, National, Republicans, Macron’s, France, BFMTV, Incumbent, Front, NFP, Interior Ministry, National Assembly Locations: France, Savoie, Cherbourg, Thevenot
Handpicked as leader by National Rally (RN) doyenne Marine Le Pen in an effort to purge the far-right party of its racist and antisemitic roots, Bardella has taken it closer to the gates of power than ever before. Whether the RN forms a government and Bardella becomes prime minister after the July 7 runoff is not clear. So, who is Bardella, and what might his party do in power? Le Pen and Bardella address a crowd of RN supporters in Paris, after Macron called a snap election, June 9, 2024. When the prime minister and president belong to different parties – in a rare arrangement known as “cohabitation” – things can grind to a halt.
Persons: CNN — Jordan, , Bardella, Emmanuel Macron’s, France’s, Denis, Le Pen, Le Pen’s, Louis Aliot, Le, Macron, Julien De Rosa, Freed, Jean, Marie Le Pen, Franco, Paris Anne Hidalgo, Luc Mélenchon, ” Bardella, Julien de Rosa, Gabriel Attal, ” Mujtaba Rahman, Mario Draghi, Giorgia Meloni, Benito Mussolini, Matteo Salvini, Vladimir Putin, Antonio Masiello, Hungary’s Viktor Orban –, Macron – Organizations: CNN, National Rally, National Assembly, Front, Sorbonne university, Getty, Macron’s Ensemble, Immigrants, Ministry of, Armed Forces, New Popular Front, EU, Eurasia Group, European Union Locations: Paris, France, Europe, Seine, Macron, AFP, Vichy, Spanish, Brussels, Italy, Ukraine, Kyiv, Russia
Read previewRussia and North Korea's newfound friendship has left key US ally South Korea in a predicament with few good options. Last month, Russian President Vladimir Putin visited Pyongyang, where he and North Korean leader Kim Jong Un further strengthened their partnership. SEOUL, SOUTH KOREA: A TV at Yongsan Railway Station shows North Korea's fired Hwasong-18 solid-fuel intercontinental ballistic missile (ICBM). Russian President Vladimir Putin and North Korea's leader Kim Jong Un drive a Russian Aurus limousine during their meeting in Pyongyang, North Korea. With Putin supporting North Korea, tensions are higher between Pyongyang and Seoul, and the two could find themselves on the brink.
Persons: , Vladimir Putin, Kim Jong, Korea's, KIM Jae, Sue Mi Terry, Putin, he's, Victor Cha, they've, Cha, Terry, what's, Caesar, LIONEL BONAVENTURE, Kim Organizations: Service, North, Business, SOUTH, Getty, Council, Foreign Relations, South Korean, Ukraine, KCNA, Reuters, Center for Strategic, International Studies, Putin Locations: Russia, North, South Korea, Seoul, Ukraine, North Korea, Russian, Pyongyang, SEOUL, SOUTH KOREA, Yongsan, Korea, North Korean, Moscow, Asia, Poland, Ukrainian, Tarbes, France, Kyiv, China, United States
The five secrets to Ferrari’s success as a luxury brand
  + stars: | 2024-07-04 | by ( Robert Frank | ) www.cnbc.com   time to read: +10 min
In this article RACE-IT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn the world of luxury, Hermès is arguably the gold standard. Analysts predict Hermès could surpass Louis Vuitton in revenue within the next three years as the world's largest luxury brand. There is one luxury company, however, that has raced past Hermès when it comes to growth and brand cache – Ferrari. To better understand what makes Ferrari a luxury brand, CNBC traveled to Ferrari headquarters in Maranello, Italy, to interview the company's CEO, Benedetto Vigna. "A luxury company is a company that is using technology, innovation, storytelling, heritage, everything, with the ultimate goal to feed that emotional side that we all have."
Persons: Birkin, Louis Vuitton, Hermès, Enzo Ferrari, Ford, Ferrari, Bernstein, Luca Solca, Benedetto Vigna, Robert Frank, Vigna, Adam Jeffery, Solca, Ferraris, Martyn Lucy, Bernard Arnault, Crystal Lau, Francesca Volpi Organizations: Ferrari, New York Stock Exchange, General Motors, CNBC, Ferraris, Goodwood Festival, Getty, Spiders, Rolex, Hermès, Bloomberg Locations: Maranello, Italy, Geneva, Chichester , England, it's, California, Roma
Read previewLast year's dearth of capital for startups forced many founders to stretch their cash runways. Efficiency is a hallmark of any good business, but Tom Loverro, an investor at 44-year-old Bay Area venture capital firm IVP, thinks startup founders should step off the brake pedal. The venture capitalist who rightly predicted a "mass extinction event for startups" over a year ago now says the worst is behind us. "We're on the cusp of a Great Reawakening for startups," Loverro wrote in a LinkedIn post. Given that the cloud software market is stabilizing and venture funding is available again to the best-in-breed startups, Loverro is telling startups with sound unit economics to increase their cash burn to speed up progress.
Persons: , Tom Loverro, Loverro, shutdowns, Darwin, Ball, That's, Uber Organizations: Service, IVP, Business, Autonomy, TechCrunch, LinkedIn Locations: Stockholm
Extravagant pre-wedding celebrations have already sent Indian media into a frenzy and social media feeds are abuzz over what’s to come. Anant Ambani and Radhika Merchant at their pre-wedding celebrations in Jamnagar, Gujarat, India on March 1, 2024. The Ambani pre-wedding celebrations had elaborate floral arrangements. Actor Ranveer Singh and his wife and actor Deepika Padukone pose for a photo during the pre-wedding celebrations earlier this year. Coordinating with Merchant, Ambani also wore a custom black suit designed by Wun, encrusted with jewels.
Persons: Anant Ambani, Radhika Merchant, Mark Zuckerberg, Bill Gates, partygoers, Katy Perry, Andrea Bocelli, Mukesh, Nita Ambani –, Reuters Ambani, Mukesh Ambani, Ambani, Anant, Viren Merchant, Nita, Manish Malhotra, , Merchant, , Radhika, Mangal Utsav, Vishnu, Nita Ambani, Manish Malhotra Malhotra, Ranveer Singh, Deepika Padukone, Malhotra, Sabyasachi Mukherjee, Tarun Tahiliani, lehenga, Manish Malhotra Ambani’s, Rohit Bal, Lorraine Schwartz, Versace, Blake Lively, Robert Wun, ” Mareesha, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Narendra Modi, ” Parikh, Vanessa Almeida, Jamnagar Organizations: CNN, Backstreet Boys, Convention, Reliance Industries, Reuters, Bloomberg, Brown University, Reliance, pharma, Viren, Encore Healthcare, New York University, Vogue, sangeet, Sangeet, Merchant, All India Traders Locations: what’s, Jamnagar, Europe, Mumbai, Gujarat, India, Jamnagar ., Bharatnatyam, Agra, Uttar Pradesh, Hong Kong, Goa
They’ve put aside their differences with one goal in mind: to keep the far right firmly away from the 289 seats required for an absolute majority currently within their reach. By Tuesday, as the deadline to drop out closed, fewer than 100 remain, after centrist and left-wing candidates strategically dropped out in individual seats. This tactic could stop some RN candidates from winning, according to analyst Antoine Bristielle. Macron’s Ensemble allies also called on their supporters to prevent the far right taking office, but some warned against lending their votes to the hard-left France Unbowed, a party inside the NFP. “I’ve taken the difficult decision to withdraw … leaving it up to my voters to position themselves against the far right or far left,” Samuel Deguara, a candidate from Macron’s camp said after withdrawing.
Persons: Emmanuel Macron’s, They’ve, Antoine Bristielle, Nathan Laine, ” Bristielle, Leslie Mortreux, Gérald Darmanin, Bruno Le Maire, “ I’ve, ” Samuel Deguara, Pen, ” Le Pen, Perpignan Louis Aliot, Dimitar Dilkoff, Jordan Bardella Organizations: CNN, Republique, Bloomberg, Getty, National, NFP –, NFP, Macron’s, France Unbowed, . Finance, , Rassemblement National, Perpignan Locations: Antoine Bristielle ., Paris, France, AFP
Steve Ballmer, who succeeded Gates as Microsoft CEO, is worth about $157 billion. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Gates, Microsoft's legendary cofounder and perhaps the world's best-known philanthropist, is in seventh place and worth $156.7 billion. He was $17 billion richer than Ballmer a year ago. This story is available exclusively to Business Insider subscribers.
Persons: Bill Gates, Steve Ballmer, Gates, , Steve Ballmer's Organizations: Microsoft, Service, Bloomberg, Business
French President Emmanuel Macron’s centrist alliance was crushed on Sunday after the far-right National Rally (RN) party surged in the first round of the country’s parliamentary elections. It would then become the first far-right party to enter the French government since World War II – although nothing is certain ahead of Sunday’s second round. “Tonight is not a night like any other,” Prime Minister Gabriel Attal said solemnly in an address to the French. The left-wing New Popular Front has announced that it will withdraw all candidates who came in third to help prevent far-right candidates from getting elected. A loss would force Macron to nominate a prime minister from whichever party wins – putting a political opponent in charge of running the government.
Persons: Emmanuel Macron’s, Gabriel Attal, It’s, , Italy’s Giorgia, Hungary’s Viktor Orban, Vladmir Putin, Le Pen, Vladimir Putin, Macron, Jordan Bardella, Bardella Organizations: Paris CNN, New, Ensemble, , European Union, Russian, NATO, National Assembly Locations: Sunday’s, Europe, Ukraine, Russian, France
Much of the S&P 500’s gains were concentrated in the Magnificent Seven big tech names, while other stocks lagged behind. Coming into this year, Wall Street projected that the Fed would ease rates as many as six times in 2024. What could be in store for the stock market during the second half of 2024? “I feel very, very good about the values of my three children, and I have 100% trust in how they will carry things out,” Buffett told the Journal. Previously, Buffett had said his will stated that more than 99% of his estate was earmarked for philanthropic usage to the Bill & Melinda Gates Foundation and the four charities connected to his family: the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation.
Persons: there’s, Bell, Kevin Gordon, Charles Schwab, you’ve, It’s, we’re, it’s, I’d, That’s, Warren Buffett, Buffett, Berkshire Hathaway, Melinda Gates, ” Buffett, Susan Thompson Buffett, Howard G, Read, Matt Egan, unstuck, , Michael Gapen Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Nvidia, Federal Reserve, Wall, Fed, Berkshire, Wall Street, Melinda Gates Foundation, Gates, Susan Thompson Buffett Foundation, Sherwood Foundation, Buffett Foundation, NoVo Foundation, Gates Foundation, Bank of America, CNN Locations: New York, America
For many, France feels like a very different place on Monday. The results from the first round of legislative elections, held on Sunday, revealed a country deeply fractured, with a surging far right winning a record number of votes and the near collapse of President Emmanuel Macron’s centrist party. “The far right at power’s door,” the cover of Le Parisien, a daily newspaper, pronounced the morning after the first half of the snap election called by Mr. Macron. “Twelve million of our fellow citizens have voted for a far right party that is clearly racist and anti-Republican,” the left-leaning Libération newspaper declared in an editorial, referring to Marine Le Pen’s National Rally party. If the National Rally takes an absolute majority in the runoff on Sunday, Mr. Macron will be forced to appoint a prime minister from its ranks, who will in turn form a cabinet.
Persons: Emmanuel Macron’s, Le Parisien, Macron, Organizations: Republican, Rally Locations: France
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. While the Amazon founder made waves last year with the debut of his megayacht Koru, Zuckerberg is the name on the yacht world's lips this season. Rumors began surfacing in March that the Meta CEO had purchased Launchpad — a Dutch-built, 118-meter motor yacht originally built for a Russian oligarch. AdvertisementNow that summer is here, Zuckerberg has debuted Launchpad — and her support superyacht Wingman — on the biggest stage in the yachting world: the Mediterranean. It's likely the yacht will continue to crisscross the Mediterranean this summer.
Persons: , Jeff Bezos, Mark Zuckerberg, Koru, Zuckerberg, Launchpad, Zuckerberg's, Priscilla Chan, Feadship, Larry Ellison's Musashi, Bezos, Lauren Sanchez, Bill Gates, Leonardo DiCaprio, Sanchez, Kim Kardashian, rebrands, he's, regrettably Organizations: Service, Meta, Business, SuperYacht Times Locations: Russian, Panama, Mallorca, Local, Corsica, It's, Aegean
Sixteen years ago, Warren Buffett's Berkshire Hathaway unveiled a $230 million investment in Chinese electric vehicle startup BYD , sparking questions about the conglomerate's unusual foray into early-stage technology. Lately, Berkshire has been selling down the position, ringing the register after earning billions of dollars during its hyper-growth phase. Berkshire trimmed its BYD stake to 5.99% as of June 19 from 7% just a few days earlier , according to a Hong Kong Stock Exchange filing . It has since become the top car brand in China, as well as a major producer of EV batteries. "From a standing start at zero and with very little capital, he rapidly was able to create the best-selling single model in China," Munger said.
Persons: Warren Buffett's Berkshire Hathaway, Charlie Munger, , Munger, Wang Chuanfu, he's, Buffett, Thomas Edison, Bill Gates, BYD, Tesla, Li Lu Organizations: Hong Kong Stock Exchange, Oracle, EV, Elon, Seattle, Capital, Berkshire Locations: China, Berkshire, Munger, Omaha, Shenzhen, Hong Kong
Luckily his close friends, Microsoft cofounder Bill Gates and his then-wife Melinda, went to great lengths to ensure he wouldn't starve. "To his delight he was served course after course of his french fries —even for dessert," Schroeder reported. When they stopped at restaurants for lunch and dinner, Buffett was again served burgers and fries while the others chowed down on Chinese food. During a scenic private cruise, Buffett, Gates, and Gates' dad played bridge. "Buffett towed the Gateses straight to McDonald's to buy hamburgers in the middle of the night," Schroeder wrote.
Persons: , Warren Buffett, Bill Gates, Melinda, Alice Schroeder, Buffett, Schroeder, Cherry Coke, Rick Wilking, Gates Organizations: Service, Business, Berkshire Hathaway, Reuters Locations: China, Sichuan, Champagne, gulps, Berkshire, Hong Kong
Charlie Munger wasn't just an acclaimed investor, one of the masterminds behind Berkshire Hathaway's decades of financial success. He also gave great life advice, according to billionaire philanthropist Melinda French Gates. French Gates, 59, shared her favorite lesson of Munger's during a recent commencement speech at Stanford University. "As a society, we aren't always set up to feel responsibility for the person who's next to us or the person who's on the other side of a divide or a debate," French Gates added. Similarly, French Gates urged her audience to make "strong, reciprocal bonds with other people, even if they disagree on issues big or small."
Persons: Charlie Munger wasn't, Melinda French Gates, French Gates, Charlie, Gates, Munger, Berkshire Hathaway — Warren Buffett's, Lisa Skeete Tatum, Landit, Skeete Tatum Organizations: Stanford University, Berkshire, CNBC Locations: Berkshire, French
After she’d won her fourth Grand Slam title and her third French Open, while still just 22 years old. GO DEEPER The trick to winning on Wimbledon grass? Gilbert had never watched one of his players win Wimbledon from the coaches’ box. Barty won Wimbledon in 2021 for the first and only time, then won the Australian Open the following January. “Every year it’s easier for me to adapt to grass,” Swiatek said.
Persons: Iga Swiatek, she’d, Swiatek, Iga, Zac Goodwin, , ” Swiatek, , , Joe Toth, Grass, Serena Williams, Julian Finney, haven’t, Greg Norman, Casper Ruud, Ivan Lendl, Andy Murray, Roger Federer, Carlos Alcaraz, Roland Garros, Brad Gilbert, Coco Gauff, Zendaya, Gilbert, Andre Agassi, Andy Roddick, ” Gilbert, Gauff, Sofia Kenin, Daniel Leal, Rod Laver, ” Laver, it’s, Cliff Drysdale, ” Drysdale, Drysdale, Mark McCormack, Ash Barty, Barty, Matthias Hangst, Nick Kyrgios, Novak Djokovic, Marketa Vondrousova, ” Djokovic, He’s, Paris, Djokovic, ” Sinner, Sinner, Jason Bourne, volleying, Gavin MacMillan, Aryna Sabalenka, they’ve, ” MacMillan, Shi Tang, Eamonn Dalton Organizations: Tennis, Wimbledon’s, England Club, French, of Fame, Wimbledon, Getty, Augusta, dodger, Roland, Slams, ESPN, All England, U.S, Broadway, La Scala, Bolshoi Theater, Court, Central Press, Hulton, National, West, IMG, Olympic Games, U.S ., Players, , Deutsch, The Athletic Locations: SW19, London, Paris, Italy, Halle, Augusta, Wimbledon, California, New Jersey, Basel, Australia, New York City, Bentleys, Australian, Serbia
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities. After Friday's donations, Buffett owns 207,963 Berkshire A shares and 2,586 B shares, worth about $130 billion. He told the Journal that the Bill & Melinda Gates Foundation will no longer receive donations after his death. Buffett resigned as a trustee at the Gates Foundation in June 2021 in the midst of Bill and Melinda Gates' divorce.
Persons: Warren Buffett, Berkshire Hathaway, Melinda Gates, Susan Thompson Buffett, Howard, Susan, Peter Buffett, Buffett, haven't, we've, Charlie Munger, Greg Abel Organizations: Berkshire, Berkshire Class, Melinda Gates Foundation, Susan Thompson Buffett Foundation, Oracle, Wall Street Journal, Gates Foundation Locations: Omaha , Nebraska, Omaha, Berkshire, Douglas
Warren Buffett's vast fortune will go into a charitable trust when he dies, the billionaire told The Wall Street Journal. Susie Buffett chairs the education and social justice-oriented Sherwood Foundation, and the Susan Thompson Buffett Foundation, focused on reproductive rights. Howie Buffett heads the Howard G. Buffett Foundation, which is involved in food security and the mitigation of conflict and human trafficking. Since 2006, the 93-year-old billionaire has already been contributing to the four foundations run by his children, as well as to the Bill & Melinda Gates Foundation Trust. Until 2021, he served as a trustee of the Gates Foundation.
Persons: Warren, , Warren Buffett, Berkshire Hathaway, Susie, Howie, Peter Buffett, Susie Buffett, Susan Thompson Buffett, Howie Buffett, Howard G, I'm, Buffett, Melinda Gates Organizations: Wall Street, Gates, Service, Sherwood Foundation, Susan Thompson Buffett Foundation, Buffett Foundation, NoVo Foundation, Melinda Gates Foundation Trust, Gates Foundation, Berkshire Locations: Berkshire
“The Gates Foundation has no money coming after my death,” Buffett told the Journal. Previously, Buffett had said his will stated that more than 99% of his estate was earmarked for philanthropic usage to the Bill & Melinda Gates Foundation and the four charities connected to his family: the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. Berkshire Hathaway on Friday said that Buffett is converting roughly 9,000 Class A shares into more than 13 million Class B shares. About 9.3 million shares will go to the Bill & Melinda Gates Foundation Trust, with the rest split among the four Buffett family charities. Following the newly announced donations, Buffett owns 207,963 Berkshire Hathaway Class A shares and 2,586 Class B shares, the company said.
Persons: New York CNN — Warren Buffett, Buffett, Berkshire Hathaway, Melinda Gates, ” Buffett, Susan Thompson Buffett, Howard G, “ Warren Buffett, ” Mark Suzman, , , Melinda Organizations: New, New York CNN, Berkshire, Wall Street, Melinda Gates Foundation, Gates, Susan Thompson Buffett Foundation, Sherwood Foundation, Buffett Foundation, NoVo Foundation, Gates Foundation, Melinda Gates Foundation Trust, CNN, Berkshire Hathaway Locations: New York
Warren Buffett revealed he owns about $600 million of assets apart from Berkshire Hathaway stock. The investor said his Berkshire A shares, worth $127 billion, represent 99.5% of his net worth. He likely keeps most of his remaining wealth in his private portfolio of stocks and bonds. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWarren Buffett just revealed he has about $600 million of personal wealth outside of his Berkshire Hathaway stock.
Persons: Warren Buffett, , he's, Melinda Gates Organizations: Berkshire Hathaway, Berkshire, Service, Melinda Gates Foundation, Business Locations: Berkshire
The Biden administration denied permission on Friday for an Alaska agency to build a 211-mile industrial road that would have cut through Gates of the Arctic National Park and Preserve to reach copper and zinc deposits beneath untouched wilderness. Separately, the administration said it planned to retain protections for 28 million acres of land scattered across Alaska that the Trump administration had tried to open up to mining and oil and gas drilling. The lands include unique habitat for three major caribou herds, migratory birds and Pacific salmon. Climate activists have pressured the administration to act more aggressively to protect public lands from new oil and gas projects. “Today, my administration is stopping a 211-mile road from carving up a pristine area that Alaska Native communities rely on, in addition to steps we are taking to maintain protections on 28 million acres in Alaska from mining and drilling,” Mr. Biden said in a statement.
Persons: Trump, Biden, Mr, Organizations: Biden, Interior Department Locations: Alaska, Gates
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