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14 stunning facts about Warren Buffett and his wealth
14 stunning facts about Warren Buffett and his wealthJoin the conversation about this story »NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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We're about to get a look at what is really going on in China
You may have heard that China is on a tear right now.Lending in the country has exploded. The government has stepped up spending. Property-purchase regulations have been relaxed.That all seems to be...
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Jean-Marc Janaillac tipped as Air France-KLM CEO: French media
PARIS (Reuters) - The board of Air France-KLM is likely to name Jean-Marc Janaillac as the Franco-Dutch airline group's next chief executive after the resignation of Alexandre de Juniac, French media...
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Here's how much Steven Spielberg and Jeffrey Katzenberg made off their $4...
Curious who had the best week? It was Steven Spielberg and Jeffrey Katzenberg.The cofounders of DreamWorks made out huge on Thursday when Comcast bought DreamWorks Animation for $3.8...
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Rolls-Royce designed a new set of luggage that costs more than an entry-level...
Rolls-Royce is known for not doing anything half-baked. So when they created a new set of luggage pieces, that philosophy transferred intact.The six pieces of the Wraith Luggage Collection — two "Grand...
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Berkshire's Clayton sees upturn in business despite critics
By Jonathan StempelOMAHA, Neb. (Reuters) - Clayton Homes, the mobile home unit of Warren Buffett's Berkshire Hathaway Inc, said it is seeing an upturn in activity even as it defends against accusations...
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Puerto Rico government bank reaches debt deal with some credit unions
By Nick BrownSAN JUAN (Reuters) - Puerto Rico’s Government Development Bank said it has reached a deal with credit unions to avoid defaulting on about $33 million of debt due on Monday.The GDB, Puerto...
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With weak earnings in tow, focus turns to jobs data
By Laila KearneyNEW YORK (Reuters) - Coming off a barrage of flimsy company earnings reports that included Apple's first revenue drop in 13 years, investors will turn to April jobs data for signs of...
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Paypal seeks to increase mobile engagement (PYPL)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.PayPal posted success across all business segments in its Q1 2016...
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China's housing bubble is starting to look a lot like the US before the crash
China's property market is staging a major turnaround as property prices in tier-1 cities have heated up quickly over the past few months.For the first quarter, residential prices in Shenzhen are up...
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Fintech firms could find surprising exit thanks to this unlikely major player...
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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Delta is on a plane-shopping spree with 2 giant deals just this week
Delta Air Lines has placed an order for 37 Airbus A321ceo airliners.This comes a day after the Atlanta-based company announced the purchase of 75 Bombardier CS100 airliners.At list prices the 37 jets...
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United Airlines cuts COO Hart's pay by $1 million over Port Authority probe
(Reuters) - United Continental Holdings Inc said in a proxy statement Friday that it cut the pay of one of its top officers in connection with an internal probe that resulted in its chief executive's...
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Baby Boomers are facing a whole new retirement 'crisis'
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Baby Boomers are facing a new retirement "crisis" (Wealthmanagement.com)One of...
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The only 6 things a modern gentleman should keep in his wallet
You already know the dangers of carrying too large a wallet (and of keeping it in your back pocket).In that same vein, we thought we'd go over what you should actually keep in your wallet on a...
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MasterCard's strong start to 2016
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.Though MasterCard’s profits went down in Q1 2016, the card network...
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Warren Buffett and Charlie Munger just destroyed Valeant at Berkshire's...
Warren Buffett is not a fan of Valeant Pharmaceuticals.And he never was.At Berkshire Hathaway's annual meeting on Saturday, Buffett expressed disappointment over the direction of the company and called...
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China's economy is on steroids, and things could get messy when they run out
China's economy has been given a dose of steroids. Lending in the country has exploded: Chinese banks have extended more loans in the last three months than the entire US corporate-financing market...
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The 2 huge mistakes that sent Wall Street's nightmare stock into bankruptcy
You may have heard that SunEdison, the world's largest renewable energy firm, has filed for bankruptcy.There are a few fairly obvious ways it could have avoided this fate.It could have grown more...
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There is only one right way to apply cologne
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