1h ago
       

Investor Warren Buffett says good deals tough to find

OMAHA, Neb. -- Investor Warren Buffett says the acquisition frenzy on Wall Street is making it hard for him to find deals at the right price, but his Berkshire Hathaway conglomerate recorded a $29 billion gain because of the tax reforms Congress passed. In his annual letter to shareholders Saturday, Buffett mixed investment advice with details of how Berkshire's many businesses performed. That kept Berkshire from making the kinds of big deals Buffett prefers.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


2d ago
       

Beyond 'Obamacare': New liberal plan on health care overhaul

WASHINGTON -- A major liberal policy group is raising the ante on the health care debate with a new plan that builds on Medicare to guarantee coverage for all. Called "Medicare Extra for All," the proposal to be released Thursday by the Center for American Progress gives politically energized Democrats more options to achieve a long-sought goal. A nonpartisan expert who independently reviewed the Medicare Extra plan said it could provide Democrats with a middle way to achieve their longstanding goal of coverage for all.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


3d ago
       

Ford ousts top exec over 'inappropriate behavior'

North America President Raj Nair is leaving the company effective immediately, Ford said in a statement. Joseph Holt, ethics professor at the University of Notre Dame's Mendoza College of Business, praised Ford, saying companies have to take action when their codes of conduct are violated, "When inappropriate behavior is tolerated or exceptions are made for star employees, then leadership is not clear, credible or consistent in its upholding of professed values, and that invites well-founded employee cynicism," he said. Nair was named Ford's executive vice president and head of North America on June 1, 2017.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


4d ago
       

Corporate tax bounty: plenty for workers, more for investors

The biggest tax rewrite in three decades was sold by its Republican backers as a way to help American workers, and there have been plenty of announcements about bonuses and plans to buy equipment and make other capital investments to improve productivity and raise wages. A recent survey by Morgan Stanley showed Wall Street stock analysts expect companies to allocate 43 percent of tax savings to dividends and buybacks. Thanks to the new tax law, drugmaker Pfizer last month announced it would spend $5 billion on expanding factories and other capital spending in the U. S. for the next five years, in addition to spending on bonuses and contributions to its U. S. pension fund.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


5d ago
       

Facebook to verify ads with postcards after Russian meddling

Baffled in 2016 by Russian agents who bought ads to sway the U. S. presidential campaign, Facebook's global politics and government outreach director, Katie Harbath, told a meeting of the National Association of Secretaries of State in Washington on Saturday that the company would send postcards to potential buyers of political ads to confirm they reside in the U. S. The method will first apply to ads that name candidates ahead of the midterm elections in November, said Facebook spokesman Andy Stone. Facebook did not say how the new postcard method of verification would prevent foreign agents from setting up local mailing addresses and hiring people in the U. S. to check them.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


7d ago
       

Even as markets shook, many investors held steady

NEW YORK -- This month's sell-off for stocks marked the first big test of investors' mettle in years. Even as stock markets tumbled around the world, putting a halt to an unusually calm and strong ride upward, many investors resisted the urge to sell in a panic and lock in the losses. Generation X investors showed an even more pronounced preference for stocks during the downturn, with stocks making up $86 of every $100 in new and re-allocated dollars.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


1w ago
       

Once near death, Tropicana now No. 2 casino in Atlantic City

Nearly dead a decade ago, Tropicana has spent $200M on improvements and is now Atlantic City's No. 2 casino ATLANTIC CITY, N. J. -- Ten years ago, Atlantic City's Tropicana casino was on the verge of death, having been stripped of its casino license after its then-owners laid off vast swaths of the workforce, leading to filthy rooms, insect infestations, hourlong waits for slot machine payouts and food and drink orders that often never arrived. Now, after years of reinvesting in and renovating the casino floor, hotel rooms and eateries, the Tropicana has become the No. 2 casino in the city in terms of gambling revenue - a position it will need to fight to retain as two additional casinos open on the Boardwalk this summer. Since 2012, Tropicana Entertainment has plowed $200 million into the property, re-doing most hotel rooms and the casino floor, adding restaurants, and buying the adjacent 330-room Chelsea hotel.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


1w ago
       

Food box idea draws criticism from Democrats, advocates

WASHINGTON -- The Trump administration is pushing what it calls a "bold new approach to nutrition assistance": replacing the traditional cash-on-a-card that food stamp recipients currently get with a pre-assembled box of canned foods and other shelf-stable goods dubbed "America's Harvest Box. "A spokeswoman for House agriculture committee Chairman Mike Conaway, R-Texas, said the committee has held 21 hearings and invited 80 experts to speak about SNAP in its preparations of the forthcoming farm bill, and the idea of a food box was not once discussed. Michigan Sen. Debbie Stabenow, top Democrat on the Senate agriculture committee, said the food box idea "isn't a serious proposal and is clearly meant to be a distraction from this Administration's proposed budget that fails our families and farmers. "
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


1w ago
       

US stocks keep gaining as tech, industrial companies rise

WATCHING PRICES: U. S. wholesale prices rose 0. 4 percent in January, the biggest increase since November, as a big jump in energy prices offset a small decline in the cost of food. The Labor Department says wholesale prices are up 2. 7 percent over the last year. But energy prices have slumped this month, and even though investors have grown concerned about signs of inflation and rising interest rates, they didn't react to Thursday's report, or to a report showing consumer prices rose 0. 5 percent in January.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.


1w ago
       

Uber CEO aims to pare losses and get 'the love back'

Uber CEO is focused on cutting the company's massive losses and 'getting the love back' after a year of damaging revelations about the ride-hailing service SAN FRANCISCO -- Uber CEO Dara Khosrowshahi is focused on cutting the company's massive losses and "getting the love back" after a year of damaging revelations about the ride-hailing service's sometimes heartless treatment of its employees, drivers, regulators and rivals. Alphabet and other investors stand to reap big gains on their stakes if Uber files for an initial public offering of stock next year, as Khosrowshahi plans. In his appearance, Khosrowshahi said Uber could quickly reverse its losses by retreating from less-developed markets outside the U. S. and reducing the money it pours into expensive projects like its work on self-driving cars.
×

That's all there is!

At BETA we write compact articles so that they display in full when viewing our news feeds. We don't think you should have to click into every article to get great content. If you do need to dive deeper, you can always click into the article title and explore the related links.