Tag Archives: Spent

[unable to retrieve full-text content]Retail executives spent last year getting inventories in ‘great shape’: Morning Brief  Yahoo Finance Source link

The Texas Longhorns spared no expense in their pursuit of No. 1 overall recruit Arch Manning this summer. During Manning’s official recruitment visit to Austin in June, the university spent close to $280,000, according to The Athletic, which obtained receipts and expense invoices with open records requests. Texas rolled out the red carpet for Manning and eight other recruits that included airfare, 5-star hotels, food, desserts, entertainment and an open bar for parents. Manning, the nephew of… Source link

LAS VEGAS: In four decades of writing about the Las Vegas underworld and government corruption, investigative reporter Jeff German took on plenty of powerful and dangerous people. The hard-bitten newsman was once punched by an organized crime associate and received veiled threats from mobsters. Nothing seemed to faze him as he doggedly went about his work. So German characteristically didn’t express concern when Clark County Public Administrator Robert Telles, a virtually unknown… Source link

What will happen with Warren Buffett’s billions when he dies? Some of it might go to every kid on the planet. So reports the Wall Street Journal in a recent investigation of the future of Buffett’s fortune, which is worth $96.8 billion at the time of this article’s publication. In 2006, the Berkshire Hathaway CEO pledged to give away 85% of his stock in the company to charity, designating the majority of it to the Bill & Melinda Gates Foundation. Four years later, he vowed to… Source link

Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling Warren Buffett is back in his element. After sitting on a growing cash pile for years, Buffett is finally opening up his wallet. The Oracle of Omaha deployed $51 billion in the first three months of this year. That’s roughly one-third of the cash pile his company, Berkshire Hathaway, had at the end of 2021. Here are all the stocks he added to the portfolio in the… Source link

Getty; Marianne Ayala/Insider Barry McCarthy became Peloton’s CEO this month, replacing John Foley amid months of company turmoil. In a New York Times interview on Saturday, McCarthy explained what went wrong at Peloton. “They spent money on things that they shouldn’t have,” he said. “They got caught up in the vision thing at the expense of getting real.” Barry McCarthy has a lot on his plate as Peloton’s new CEO. Peloton, a pandemic-era darling with a cult following, once boasted a valuation of… Source link

Google is adding a new “Time insights” panel to Calendar on the web, showing users how much of their working week is spent in meetings. According to Google’s blog post, the feature is rolling out gradually over the next month on select plans. It was first announced back in March as part of a raft of new features coming to Google Workspace. Time Insights arrives a couple of years after both Google and Apple added similar breakdowns into Android and iOS respectively to show the amount… Source link

Technology giants, including Alphabet Inc.’s Google and Amazon.com Inc., spent millions on lobbying in the first quarter of 2021 as they face heightened scrutiny from Democrats and Republicans over alleged anticompetitive practices. Google spent $2.7 million on federal lobbying in the three months ending March 31, according to disclosures filed with Congress. That’s a 49% increase from the same period a year earlier, and comes as the company has been steadily increasing its Washington… Source link

Stimulus checks in, stimulus checks out. Consumers are wasting no time spending their stimulus checks, new data out of J.P. Morgan Chase shows. Over the past seven days ending March 19 as more Americans have received their checks, spending on Chase cards skyrocketed 23.9% (see chart below). That’s up sharply from growth rates under 10% from January right on up to the latest round of stimulus payments. Some of the largest gains have come at supermarkets (8.2% increase in the last seven days)… Source link

Multiple reports have come out detailing Google Stadia’s troubles that include everything from internal struggles on the development team to “tens of millions” of dollars spent on AAA games like Red Dead Redemption 2 to development roadblocks created by Google itself. Bloomberg reported that, despite all the hype built up by Google for Stadia’s reveal, gamers around the world were disappointed. This led to a lackluster launch and Stadia is said to have “missed its targets for sales of… Source link