Tensions Rise in Silicon Valley Over Sales of Start-Up Stocks
The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
Source: nytimes.com
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Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.
Source: nytimes.com
What Will It Take for the Fed to Lower Interest Rates?
Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.
Source: nytimes.com
Bob Bakish, Paramount CEO, Steps Down as Company Weighs Merger
Bob Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.
Source: nytimes.com
Paramount's Chief Executive Bob Bakish Could Be Out Next Week
He was once a staunch ally of the company’s biggest owner, Shari Redstone, but the relationship soured in recent months.
Source: nytimes.com