Warren Buffett has long been critical of gold as an investment, saying it “has no use” and that “magic metal” does not match “American mettle.” He once wrote that “Anyone who sees Mars will scratch his head” about how we treat the shiny game on this planet. However, the Berkshire …
Read More »Shari Redstone now fully controls the fate of ViacomCBS
Shari Redstone, president of ViacomCBS and president of National Amusements, reacts as she celebrates the merger of her company on the Nasdaq Market site in New York, December 5, 2019. Brendan McDermid | Reuters Sumner Redstone, who died Tuesday at 97, built a sprawling media empire from the film chain …
Read More »Amazon thinks some employees are moving out of Seattle
Amazon.com Inc. offers employees in Seattle a choice of smaller offices outside the city, suggesting that the Covid-19 outbreak and a new local employer tax have driven the e-commerce giant to consider alternatives to its birthplace. In a message to employees Thursday, Amazon asked which communities in Seattle – including …
Read More »Apple to launch first discount video for TV +
Amazon can be held liable for defective goods, court rules
Peter Endig | AFP | Getty Images A California court ruling could hardly make it harder for Amazon to take responsibility for unsafe products sold on its platform. On Thursday, the California Fourth District Court of Appeals ruled that Amazon could be held liable for damage caused by a defective …
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