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Berkshire Hathaway Buys Verizon, Boosts Stake In Liberty Global, Wal-Mart

Source: Business Balla | May 16 2014, 7:45am CDT | by Forbes

Warren Buffett (Trades, Portfolio) is now joined by his two investing side-kicks, Ted Weschler and Todd Combs, who make...
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When Stock Buybacks Are Not a Waste of Money

Nov 4 2014 8:00am CST | Source: Harvard Business Review

Buying back stock, pretty much corporate America’s favorite thing to do with its money over the past decade, has come in for a lot of criticism this fall. In an epic September 2014 HBR article, “Profits Without Prosperity,” economist William Lazonick blamed buybacks for much of what ails the U.S. economy. His arguments have begun to catch on, in the media at least. Two years ago, though, HBR Press published a book that cast buybacks in a much different lig ...
Full article at: Harvard Business Review
 

 

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Saarc leaders to meet amid hopes of South Asian integration (Curtain Raiser)
Kathmandu, Nov 25 (IANS) The 18th Saarc Summit begins here Wednesday with focus on deeper integration among the eight South Asian neighbours, amid high hopes that the leaders of India and Pakistan will meet to break their diplomatic ice. | by IANS
 
Facebook launches new chatting application
Madrid, Nov 25 (IANS/EFE) Facebook launched Tuesday a new chatting application worldwide called "Rooms" which simulates traditional internet chatting rooms, enabling users to chat with strangers on specific topics. | by IANS
 
Mali confirms two new Ebola cases
Bamako, Nov 25 (IANS) Mali has confirmed two new Ebola cases after the death of five people due to the virus, the country's public health ministry has said. | by IANS
 
 

Companies Controlled By Founding Families Remain Surprisingly Important

Nov 2 2014 10:37am CST | Source: Business Insider

THE "Lucky Sperm Club", as Warren Buffett likes to call it, is still going strong in the commanding heights of business. On opposite sides of the Atlantic, Ana Botín and Abigail Johnson have recently succeeded their fathers in filling two of the most powerful jobs in finance, as chairman of Banco Santander and chief executive of Fidelity Investments, respectively. Founding dynasties run, or wield significant clout at, some of the world ...
Full article at: Business Insider
 

 

10 Cool Startups To Work For In New York City

Oct 30 2014 8:49am CDT | Source: Business Insider

Silicon Valley may be known as the core of America's startup scene, but Silicon Alley can certainly hold its own. New York City is home to more than its fair share of cool startups and small businesses. That's why Hired.com, which specializes in recruiting startup and tech talent, recently measured which New York-based companies are most intriguing to job seekers. By looking at companies on its site with the highest number of i ...
Full article at: Business Insider
 

 

Terrible Things Happen All Of The Time And The Stock Market Keeps Going Up

Oct 30 2014 6:29am CDT | Source: Business Insider

After an incredible 5-year bull market run, which saw the S&P 500 double from its March 2009 low of 666, many stock market watchers were sure this would be the year that things would finally turn. There certainly has been no shortage of bad news that would cause investors and traders to sell. "Just this year alone, the list of anxiety-provoking events has been a long one: Emerging markets mini crisis (Januar ...
Full article at: Business Insider
 

 

Is Warren Buffett Scratching His Head Over Berkshire Hathaway's Holding In 'Basket Case' Tesco?

Oct 28 2014 3:24pm CDT | Source: Forbes Real Time

With shares in British supermarket giant Tesco hitting an 11-year low last Friday and ending virtually unchanged at 169.10p (c.$2.80) each this Monday, valuing the company at around £13.70 billion (c.$22.6bn), Warren Buffett, CEO and chairman of Berkshire Hathaway Inc. and pre-eminent world invest ...
Full article at: Forbes Real Time
 

 

Tesco’s Downfall Is a Warning to Data-Driven Retailers

Oct 28 2014 8:00am CDT | Source: Harvard Business Review

Tesco’s chairman has resigned in disgrace. The company’s market value has more than halved to an 11-year low as it acknowledged overstating profits by hundreds of millions of dollars. And a humbled Warren Buffett, after opportunistically raising his stake in the company after a surprise profit warning, confessed to CNBC: “I made a mistake on Tesco. That was a huge mistake by me.” Indeed. Britain’s biggest supermarket chain has not only seen its fortunes erode but its repu ...
Full article at: Harvard Business Review
 

 

'Shark Tank' Investor Daymond John Shares 7 Business Books That Changed His Life

Oct 27 2014 9:50am CDT | Source: Business Insider

Daymond John's parents taught him that a day job was never going to make him rich. He was in charge of his own destiny and could accomplish what he wanted if he put the work in. When he was 16, he tells us, he read Napoleon Hill's classic business book "Think and Grow Rich," and it changed his life. It reinforced what his parents taught him and inspired him to set lofty goals. In 19 ...
Full article at: Business Insider
 

 

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Over a dozen killed in Nigeria twin bombings
Abuja, Nov 25 (IANS) Two blasts Tuesday rocked a busy market in Maiduguri, capital of Nigeria's northeastern state of Borno and epicentre of Boko Haram's violence in the West African country, killing more than a dozen...
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Ready for talks but ball in India's court: Sharif
Kathmandu, Nov 25 (IANS) Pakistan Prime Minister Nawaz Sharif Tuesday said Islamabad is ready to hold talks with India but "the ball is now in India's court", the Geo News reported. Speaking in the Nepal's capital...
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Hope Saarc helps reduce tensions with India: Pakistan minister
Islamabad, Nov 25 (IANS) Pakistan hopes that Prime Minister Nawaz Sharif's participation in the Saarc Summit in Nepal will help reduce Islamabad-New Delhi tensions given that US policies in the region have failed,...
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Modi hands over Dhruv chopper to Nepal
Kathmandu, Nov 25 (IANS) Prime Minister Narendra Modi Tuesday handed over the indigenous Advance Light Helicopter (ALH) Dhruv to his Nepalese counterpart Sushil Koirala here for use by the Nepal Army. Built by the...
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Vanessa Hudgens gets restraining order against stalker
Los Angeles, Nov 25 (IANS) Actress Vanessa Hudgens has got a restraining order against her alleged stalker Junior Kabongo. Hudgens went to court after Kabongo came here from Africa to meet her after sending her a...
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Modi flags off Kathmandu-Delhi bus service
Kathmandu, Nov 25 (IANS) Indian Prime Minister Narendra Modi Tuesday flagged off a Kathmandu-Delhi bus service here. A bus bound for Kathmandu took off from the Indian capital at the same time. Modi, here to attend...
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Pune FC maintain hot form in King's Cup
Thimpu, Nov 25 (IANS) Pune FC finished their King's Cup group engagements in style, winning 2-0 against Bangladesh's Abahani Limited at the Changlimithang Stadium here Tuesday, to collect a maximum 12 points from four...
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Frame constitution early, with consensus: Modi urges Nepal
Kathmandu, Nov 25 (IANS) Prime Minister Narendra Modi Tuesday urged Nepal to frame its much-awaited constitution early and on the basis of consensus. Addressing an event here to hand over to Nepal a 200-bed trauma...
Read more on Politics Balla
 
Saudi Arabia to issue five-year residency permits
Dubai, Nov 25 (IANS) The validity of residency permits of foreign workers in Saudi Arabia is likely to be extended to five years, a media report said Tuesday. The directorate general of passports is giving final...
Read more on Politics Balla
 
FC Goa aim to maintain momentum in ISL
Margao, Nov 25 (IANS) Hosts FC Goa will aim to maintain their upward swing and jump to the third spot when they take on Kerala Blasters FC in an 11th round match of the Indian Super League (ISL) at the Jawaharlal Nehru...
Read more on Sport Balla