Tag Archives: poured

Warren Buffett just poured another $7.6 billion into his all-time favorite business — here are 3 other companies doing something very similar

Warren Buffett just poured another $7.6 billion into his all-time favorite business — here are 3 other companies doing something very similar When Warren Buffett’s holding company Berkshire Hathaway spends billions of dollars on an investment, it usually makes headlines. But there wasn’t too much hype surrounding Berkshire’s $7.6 billion purchase in Q3 — and for a good reason: The company was buying back its own shares. Buybacks are a common way for companies to return capital to… Source link

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More than 11,000 Wuhan students poured into a stadium for their graduation ceremony sans masks or social distancing, even as the rest of Asia grapples with COVID lockdowns

More than 11,000 students and 3,000 proud parents turned up unmasked at a stadium in Wuhan, China, for a graduation ceremony. Stringer/Reuters China Thousands of students and their parents attended a graduation ceremony at a stadium in Wuhan, China. The grads in the coronavirus pandemic’s first epicenter weren’t wearing masks or social distancing. This is because China has reported fewer than 20 cases a day across its 23 provinces. Visit Insider’s homepage for more stories. For several thousand… Source link

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Eli Broad, billionaire who poured wealth into reshaping L.A., dies at 87

Eli Broad stands inside the Broad, his contemporary art museum on Grand Avenue in Los Angeles, in 2015. (Genaro Molina / Los Angeles Times) Eli Broad made his billions building homes, and then he used that wealth — and the considerable collection of world-class modern art he assembled with his wife — to shape the city around him. Dogged, determined and often unyielding, he helped push and prod majestic institutions such as Walt Disney Concert Hall and the Museum of Contemporary Art into… Source link

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