Warren Buffett is a billionaire chairman of Berkshire Hathaway, and the second wealthiest person on the planet. He's considered by many to be one of the most successful investors in the world. Today, we're analyzing our take on Warren Buffett's rules for success.
In a world-first, Jaguar and Land Rover owners can now pay for their fuel via the touchscreen of their car at Shell service stations. Rather than paying at the pump or queuing to pay in the shop, installing the Shell app via InControl means drivers can simply drive up to any pump at participating Shell service stations, select how much fuel they require and pay with PayPal or Apple Pay on the vehicle’s touchscreen.
(qlmbusinessnews.com via telegraph.co.uk – – Fri, 17 Feb, 2017) London, Uk – –
Mark Zuckerberg has sparked further speculation about a future political career after publishing a 5,800-word global manifesto.
The Facebook co-founder and chief executive spent a month writing the missive in which he opened by asking the question: "Are we building the world we all want?"
He suggested that some people had been "left behind by globalisation" and that efforts must be made to "bring communities together".
Mr Zuckerberg, 32, said: "Facebook stands for bringing us closer together and building a global community. Yet now, across the world, there are people left behind by globalisation, and movements for withdrawing from global connection."
Facebook was started by Mr Zuckerberg in a Harvard dorm room in 2004, and he is now worth an estimated $50 billion.
The social media magnate said his latest message, published on his Facebook page, was not motivated by any one particular event, not even the US election. But he was concerned by a rising tide of opinion that "connecting the world" as Facebook sought to do was no longer a good thing.
Mr Zuckerberg said he still strongly believes in "connecting the world". However, it was "not enough if it's good for some people but it doesn't work for other people. We really have to bring everyone along".
He added: "In times like these the most important thing we at Facebook can do is develop the social infrastructure to give people the power to build a global community that works for all of us." Mr Zuckerberg lamented the fading of traditional social communities such as churches, labour unions and local community groups.
He wrote: "A healthy society needs these communities to support our personal, emotional and spiritual needs. "In a world where this physical social infrastructure has been declining we have a real opportunity to help strengthen these communities and the social fabric of our society." It was the latest indication that Mr Zuckerberg could eventually seek political office.
He recently persuaded the Facebook board to allow him to maintain control of the company if he ever takes a leave of absence to serve in government.
Mr Zuckerberg also recently announced his new year resolution for 2017 was to meet with people from every state in the US, to "talk to more people about how they're living, working and thinking about the future".
Tony Taylor, a local councillor who worked at the Port Talbot steelworks for more than 40 years, and Frank Field, the chairman of the Work and Pensions select committee, discuss the vote by steelworkers in favour of adopting a deal that will see a change to their pensions schemes in order to save their jobs.
Bloomberg has reported that Verizon is close to renegotiating its deal to acquire Yahoo's internet assets. According to sources familiar with the matter, the $4.8 billion price tag for the acquisition “could be coming down by as much as $250 million.” Neither Yahoo or Verizon has confirmed this number yet. Last month Yahoo said the deal to sell to Verizon was “delayed but still on” as the company dealt with hacking controversies and a new reported investigation “by the Securities and Exchange Commission over allegations it was slow to tell its investors about the hacks.”
Warren Buffett expanded Berkshire Hathaway's positions on airlines and became one of the top ten holders of Apple in the fourth quarter according to the company's 13F filing. Bloomberg's Julie Hyman reports
Tim Tabor/flickr (qlmbusinessnews.com via telegraph.co.uk – – Wed, 15 Feb, 2017) London, Uk – – More workers than ever before are employed in the UK as upbeat companies show few signs of worry over the state of the economy. Employment climbed by 37,000 to 31.84m in the three months to December, while unemployment stayed steady at 1.6m – a level which has fallen by almost 100,000 over the past year as a whole. The unemployment rate stayed at 4.8pc, its joint-lowest rate in 11 years while the employment rate hit a new record high of 74.6pc. Female employment hit a new milestone, with more than 70pc of women in work for the first time, according to the Office for National Statistics. Economists had feared that unemployment could start to rise if companies anticipated an economic slowdown, but there is little evidence of that so far. The number of people claiming out of work benefits in January fell by 42,400 to 745,000, the lowest level since February 2016. “Continued moderate growth in employment has led to a new high in the total employment rate, while the rate for women has reached 70pc for the first time on record,” said ONS senior statistician David Freeman. “Overall, the labour market appears to be edging towards full capacity.” Wage growth was more muted, however. Average weekly pay increased by 2.6pc on the year, down a touch from the 2.7pc growth in the year to November. That comes at a time of rising inflation – prices rose by 1.6pc in the 12 months to December, meaning workers’ spending power increased at the slowest pace since 2014. Economist James Smith at ING said “the surprise fall in wage growth is… alarming”, adding that he does not expect pay to pick up pace in the coming months. “We expect inflation to break above 3pc this year, which will mean that incomes will begin to fall in real terms,” he said. “Add in the slower outlook for jobs growth, and it looks like it could be an increasingly tough year for consumers.” Meanwhile, the number of non-UK workers in the country dipped by 9,000 compared with the previous three-month period, falling to 5.54m. That is still up by more than 400,000 on the year, however, and the ONS said it could just be a seasonal dip rather than a sign of fewer foreign workers moving to the UK after the Brexit referendum.
Shigenori Shiga, Toshiba chairman, has announced that he will resign due to the group's poor performance in its nuclear division. Ed Crooks, US energy editor, explains why the industry titan may now have to sell off part of its lucrative memory chip business.
Investors gave Apple a lift on Monday, sending the technology giant’s shares to $133.29, just above their previous record-closing high, as excitement grows for the 10th anniversary iPhone expected later this year.
City Index analyst Ken Odeluga discusses with Proactive Rolls Royce's record £4.6bln loss. The engine maker told investors the fall in the pound and a £671mln settlement over corruption and bribery claims took their toll on the group's bottom line.
(qlmbusinessnews.com via news.sky.com- – Mon, 13 Feb, 2017) London, Uk – –
The former Next fashion boss Christos Angelides is in the frame to head M&S's clothing business, Sky News learns.
Marks & Spencer (M&S) has approached the architect of Next's transformation into one of Britain's top fashion retailers about a key role at the helm of its perennially struggling clothing division.
Sky News has learnt that Christos Angelides is among a small number of candidates who are in the frame to join the top team at M&S under Steve Rowe, its chief executive.
Appointing Mr Angelides, who resigned from Next in 2014 to take on the ultimately unsuccessful challenge of turning around Abercrombie & Fitch in the US, would be a coup for Mr Rowe.
Insiders said this weekend, however, that several other individuals were also being considered for the post, including Jo Jenkins, the highly regarded head of M&S's womenswear and beauty business.
Other external candidates have also been approached, and the chances of Mr Angelides striking a deal to take the role were unclear this weekend.
Since leaving Abercrombie & Fitch at the end of 2015, Mr Angelides has joined the board of struggling French Connection – a role he would be obliged to relinquish if he accepted the M&S job.
One factor potentially weighing against him joining M&S would be the seniority of the role being offered by Mr Rowe.
The former Next executive was a main board director there for more than a decade, and sources questioned whether Mr Rowe's expected decision not to have his clothing chief on M&S's board would allow him to attract a candidate of Mr Angelides' stature.
M&S has turned to former Next executives before to fill senior posts, most notably when it hired Mark and Neal Lindsey to spearhead improvements in the efficiency of its supply chain.
The brothers are expected to leave in the coming months after driving substantial cost savings for the business.
For the last decade, M&S and Next have been on largely opposing trajectories, with the former's clothing sales in apparently terminal decline.
January's Christmas trading updates told a different story, however, with Mr Rowe reversing a long streak of festive trading declines and outperforming City expectations.
By contrast, Next painted a gloomy prognosis for the high street in 2017, warning that profits would be impacted by a cocktail of factors including waning consumer confidence and higher costs prompted by the Apprenticeship Levy and National Living Wage.
M&S's recovery is far from assured, however, as Mr Rowe begins the process of closing dozens of clothing stores, and converting space in others to exploit its more successful food business.
M&S declined to comment on its search for a new clothing boss on Saturday.
If you had millions of dollars what would you build and create the most amazing house ever? Here are 10 Insane Celebrity Homes. Subscribe to Talltanic http://goo.gl/wgfvrr 4. Howard Stern Two hundred thousand for hurricane shutters? Ten million on renovations alone? No problem for the most successful radio personality of all time. Stern reportedly spent 52 million dollars to purchase this insane mansion in Palm Beach, Florida in early 2013 and had those refurbishments done early in 2016. The specialty shutters weren’t cheap and so as you might guess, they are very heavy duty and able to withstand winds and debris impact of up to 276 miles per hour. They are also remote controlled and cover every one of the houses many windows. The home itself is even more remarkable. The mansion boasts twelve and a half bathrooms, in case the first twelve are taken, five bedrooms and sprawls over nineteen thousand feet across the Florida beach front. 3. Dwyane Wade+Gabby Union Dwyane Wade is a star guard for the Chicago Bulls. Gabrielle Union is a very well known actress. The couple is, by all accounts very happy together and with salaries that can afford them cribs like this who could blame them? The ecstatic couple got married on August 30, 2014, and leased this ridiculous castle for the occasion. The house was priced at 10.9 million dollars before it was delisted shortly before the wedding. The property was built by architect Charles Sieger, for himself and includes a giant, landlocked moat and formal gardens that surround the property. 2. Bill Gates Though the richest man in the world is known as a charitable man who spends his money frugally, he opened his wallet a little bit to build his dream home. The home cost a record-setting sixty-three million dollars to build and took seven years to complete. The property lies in the hills of Medina, Washington and is surrounded by nature. The estate has a variety of garages, including an underground cave that can hold ten cars, six kitchens tended by a twenty-four-hour on-call chef, a fifteen hundred square foot theater, a twenty-one hundred square foot private library and a massive aquarium. This home is incredible, but of course, it's not the only property the billionaire owns on the west coast. He also bought a ranch in California for eighteen million dollars that has a private race track. 1. Mukesh Ambani Ambani is no celebrity; he’s the Chairman of Reliance Industries, a gigantic conglomerate holding company in India. But he is a billionaire and had this crazy pad built in South Mumbai that is valued at around one billion dollars, making it the most expensive private residential property on the planet. The 27 story property, called Antilia, and its unique design have been a part of the Mumbai skyline since being completed in 2010. The extravagant home’s location in a destitute area of Mumbai is extremely controversial. The property has six floors of underground parking, three helipads and a total interior space of over four hundred thousand square feet. The crib also features nine high-speed elevators, a two story health center and six floors for Ambani and his family. An entire floor is dedicated to servicing Ambani’s stable of cars.
Regan Hillyer, Founder of Regan Hillyer International, sits down with Mark Lack to explain how to make millions by getting your message out there to the world. 1. Develop your message and your brand 2. Launch your message and your brand 3. Accelerate it Regan Hillyer breaks them down and explains how to get the job done!!
9. Air France Air France’s La Première cabin looks more like a lounge in a house or office rather than on an airplane. The space in their first class section is open, with lots of room to walk around when you’re allowed to. If you feel like you need more privacy, you can close off your area with a curtain and rest your feet on the ottoman that comes with your seat. Plus, the seats are supposedly memory foam, which is a plus for any comfort fanatics out there.
8. Cathay Pacific Some first class cabins on Cathay Pacific flights only have six seats, and it makes sense. When you have as much room for a bed, storage, tv, and an amenity kit that comes with high end toiletries and sleepwear.
7. Air India On air India’s website, it says you can find the “true meaning of luxury” and do so while sinking “your feet into the plush carpet.” Their seats are 180 degree reclining, which means you get a bed. This guy looks like he’s having the best, most relaxing time. Every first class flyer is ensured a window seat as there are no in-between seats available to make room for the pod-like seating arrangement. And don’t worry, they do in fact serve Indian food and it’s supposed to be very, very good.
6. Virgin Atlantic Upper Class Virgin Atlantic doesn’t even wait for you to get to the airport to start your Upper Class experience. A limo can come pick you up to take you to the airport. After that, you end up at the Virgin Atlantic Clubhouse where airline customers have the option of chilling with a drink, some food, wifi, or, if you like, a haircut as the clubhouse usually has a salon or spa.When you’re on the plane, a nice flat bed waits for you in herringbone seating patterns to give you as much space as possible. On top of all these nice amenities you get for paying first class prices, seating arrangement is free. And when you get back home? There’s a limo for that, too.
5. Asiana First Class Suite There are usually 12 seats, or suites, in the Asiana First Class cabin. While it’s not the biggest amount of space, it’s pretty ample, plus you can completely close your suite off. The television they also provide is 32” and is possibly the largest screen any airline carries. The luxury seat folds out into a bed, which measures at 210 cm long. There’s a personal mini bar and an extra seat should a companion visit you.
4. Qatar First Class While the seating arrangements are roomy on these first class flights, at first glance, Qatar’s First Class cabin doesn’t look that different from most other luxury airlines on this list. However, the reviews are high for this one and it probably has to do with all the little things that can make a difference. First off, their first class in Al Safwa are something else in itself. There’s a mini hotel, a prayer room, a spa, duty free shops, and workstations all in a setting that looks like it’s from some high-tech future. The seats in the cabin do appear a little wider and is designed with more open space instead of secluded ones. Plus, there’s a bar onboard complete with a bartender and some treats.
3. Emirates Not only does Emirate’s first class offer you all the benefits of most other first class airlines like generous leg room, tv, fancy food, and drinks–you can even get what they call “moisturizing sleepwear” where the fabric is said to release nutrients from sea kelp to prevent dry skin from dehydration and–for those really long flights–the pajamas help stimulate circulation, too.
2. Singapore Airlines Singapore Airlines is rated as one of the top if not the top luxury airline to ride in. At over $20,000 dollars, you can experience their world-class service on your way to your vacation. The cabins are more train-like than most first class planes designed them. You essentially have your own room with a bed and tv. The chairs are separate from the bed, something unique in first class cabins. Singapore Airlines become the first airline to have double beds. And if any of that doesn’t scream “fancy” then the room covered in rose petals with a bottle of champagne on a fancy tray doesn’t should assure you this is an experience reserved for the glamorous.
1. Etihad Apartments Flying at the top of first class on Etihad gives you two options: an apartment or a suite. Yup, an apartment and a suite. It’s the roomiest you can get on a major airline when you’re being told you can stay somewhere usually reserved for buildings that come with a nightly charge or rent. Forget a curtain or a cubicle. Here, you can close your own doors. The apartment comes with a vanity unit and an onboard shower.
Ever wondered how big is Alibaba? The Jack Ma led company, which is the biggest e-commerce company in China has left no stone unturned to emerge as one of the most valuable company in the world, surpassing its rivals Amazon and eBay. Today, Startup Stories features the wide range of businesses under Alibaba Holding Group.
Jon Bolton, chief of Liberty Steel's Plates and Development division, spoke to Ian King about a deal which saw Tata Steel sell its speciality steel business employing 1,700 people to the company for £100m.
There was mixed news from tour-operator Thomas Cook on Thursday. Its bookings for the summer were up on last year, but it remained cautious about the rest of 2017. “We have made a solid start to the year, but it is still early days, and we remain cautious, given the uncertain political and economic outlook around the globe,” Chief Executive Peter Fankhauser said.