One of America’s richest men is now its no. 2 real estate broker. Warren Buffett's Berkshire Hathaway bought HomeServices of America, Inc. in 2000; the company has since grown through acquisitions, including Long & Foster Cos. last year, to dominate its business sector.
Co-founder of Miramax Films and The Weinstein Company, film mogul Harvey Weinstein helped produce such acclaimed features as 'Pulp Fiction,' 'Good Will Hunting' and 'Shakespeare in Love.' He was fired from his studio in 2017 amid allegations of sexual harassment.
Bill Gates pledged $12 million toward universal flu vaccine research following a devastating flu season. Half will come from his foundation and the other half from Larry Page, in up to $2 million increments for “bold and innovative” projects that could be ready for clinical trials by 2021.
During a commencement address at the Virginia Military Institute, Rex Tillerson warned of a "growing crisis in ethics and integrity" among American leaders. Some pundits linked the former Secretary of State’s comments to former boss President Trump.
Dallas Mavericks owner Mark Cuban has been fined $600,000 for saying "losing is our best option" on a podcast this week. The Mavericks are currently one-half game away from the worst record in the NBA -- also putting them within one game from the top pick in the next draft lottery.
The world's richest person, Jeff Bezos has accumulated as much wealth as 2.3 million average Americans. The Amazon co-founder and CEO surpassed both Bill Gates and Warren Buffett on Forbes’ billionaires list in 2017, with his net worth up to $127 million today.
In the 10th edition of their annual letter, Melinda and Bill Gates took on President Trump’s “America First worldview,” with Melinda writing: “I wish our president would treat people, and especially women, with more respect when he speaks and tweets.”
CEO Tim Cook apologized for Apple slowing down iPhones with degraded batteries. Meanwhile, Apple has pledged a $350 billion U.S. investment over 5 years. The “Paradise Papers” leak last November revealed the company paid a tax rate as low as 0.005% for its extensive holdings in Ireland.
George Soros is calling for “more stringent regulations” on Facebook and Google. The billionaire financier accused the companies of being a “near-monopoly” and of being tempted to “compromise” themselves to enter the authoritarian Chinese market, where they’re banned.