Buffett’s Berkshire Chases Musk’s Tesla on Market Value

Watch out, Elon, Warren is catching up. With the drop in shares of Tesla this year, the market value of Berkshire Hathaway is hot on the heels of the electric-vehicle leader. Berkshire, led by longtim...

WisdomTree’s Q3 Crypto Assets Under Management Falls 36% to $178M

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Asset management firm launches BTC Lightning Network startup accelerator

Asset management firm Stone Ridge, the parent company of Bitcoin company NYDIG, has launched the first startup accelerator that focuses on the Bitcoin Lightning Network and the Taro protocol, called I...

Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned

Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimm...

Gulf States Shake Up Region’s Airline Sector With New Carriers And Management Changes

File photo of Qatar Airways and Etihad Airways planes on display during the 2015 Dubai Airshow in … [+] Dubai, United Arab Emirates (Photo: Victor Fraile/Power Sport Images/Getty Images) Getty I...

Intel Stock Gains as Guidance Disappoints. Layoffs Are Coming.

Intel plans significant cost cuts , including a “meaningful number” of layoffs, its CFO said as the chip maker detailed its financial results and forecast revenue that was much lower than Wall Street ...

‘We are facing a retirement crisis in our country,’ says head of TIAA, as ‘40% of Americans run the risk of running out of money’

“ ‘We are facing a retirement crisis in our country’” — Thasunda Brown Duckett, president and CEO of TIAA That’s CEO of TIAA Thasunda Brown Duckett, who oversees some $1.2 trillion of retirement asset...

Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms

Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, respectively ...

Opinion: Facebook and Google grew into tech titans by ignoring Wall Street. Now it could lead to their downfall

Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about their spending and big-money acquisitions. Now, in t...

$15,880,000,000 Asset Management Firm Launches Startup Accelerator for Bitcoin-Focused Applications

A multibillion-dollar asset management firm is reportedly launching a new startup accelerator program committed to growing Bitcoin-focused (BTC) applications. According to a new press release, Stone R...

Visa beats on earnings, increases dividend by 20%

Visa Inc. topped earnings expectations for its latest quarter, with the company’s chief executive calling out strong spending trends despite “short-term uncertainty.” The company reported fiscal fourt...

Asset Management Giant Fidelity Doubles Down on Crypto With Hiring Spree of 100 Employees: Report

Financial services giant Fidelity is reportedly doubling down on digital assets by looking to expand its crypto unit. According to a new report by Bloomberg, Fidelity Investments is expanding the hiri...

Five Management Mistakes Most Airlines Regularly Make

Airline management often makes the difference between airlines that succeed and those that fail. getty Airlines around the world have been a cyclically profitable business. Some airlines thrive while ...

Norway’s DNB Asset Management top three largest holdings added in Q3

While inflation and higher rates keep hitting the valuation of tech companies in the US, asset managers are looking to buy their favorite companies at a discount since the Nasdaq is down over 30% year...

Reasons DOT may be on the investor radar despite FUD around its management

Polkadot, the blockchain known for a vast number of developments, witnessed an uptick in its volume over the past few days. The blockchain managed to show this kind of growth despite the general FUD s...

Elon Musk teases massive Tesla stock buyback as CFO trims forecast for annual deliveries and stock falls

Tesla Inc. Chief Executive Elon Musk suggested the electric-vehicle maker could repurchase up to $10 billion worth of its stock Wednesday, as shares declined following a third-quarter revenue miss and...

Metacask launches first fully integrated inventory management solution for spirits

The marketplace for spirits-backed NFTs Metacask has launched Trackr, the first fully integrated inventory management, asset tracking, and marketing solution for spirits producers and brands. Trackr u...

Goldman CEO Frustrated by Stock Price, Says Most Staff in Office Every Day

Goldman Sachs Group CEO David Solomon expressed some frustration with the valuation of the company’s stock, noting that it generally has traded a premium to book value since its IPO in 1999. “Would I ...

Sharp Clock Management Has 5-1 Vikings Riding High In NFC North

Kirk Cousins is doing just enough to help the Vikings win consistently. (Photo by Kevin C. Cox/Getty … [+] Images) Getty Images The Minnesota Vikings probably could not have drawn up a better ma...

Senior KFC Executives Opt for Retirement as Interest Rates Hit Pension Payouts

Rising interest rates are adding to companies’ borrowing costs and triggering higher credit-card bills for consumers. At KFC, they are driving a turnover in senior management. The Louisville, Ky.-base...

Tesla Stock Is Too Cheap. It Should Start Buying Back Its Own Shares.

Future Fund Active ETF co-founder Gary Black sent a letter to Tesla board of directors with a recommendation on how to spend some of the company’s growing cash hoard. He wants them to buy back Tesla (...

Walgreens Reports $415 Million Loss On Higher Tab For Cost Management

Walgreens Boots Alliance reported a $415 million loss thanks in part to higher expenses related to a … [+] major global “cost management program,” the company said October 13, 2022. In this phot...

Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs

“The only institutions that are fully on-chain that could generate organic demand for these derivatives products are DAOs, which have a need to deploy tokens strategically to maximize their longevity,...

The Pandemic Has Changed The Supply Chain Management Profession Forever

Toilet paper shortages were one of the COVID related issues that taught people what the term “supply … [+] chain management” meant. (Photo by: Jeffrey Greenberg/Education Images/Univ...

Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped

John Foley, the co-founder and former chief executive of Peloton Interactive faced repeated margin calls on money he borrowed against his Peloton holdings before he left the fitness company’s board la...

Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes

Saudi Arabia’s megadevelopment Neom is paying senior executives roughly $1.1 million each annually, according to an internal Neom document, showing how the kingdom is using large pay packages to lure ...

‘We’re likely to see one of the greatest transfers of intergenerational wealth,’ says head of TIAA

For 25 years, we at MarketWatch have made retirement one of our core coverage areas. We have tried to help our readers navigate the fraught and often confusing issues surrounding saving, investing and...

Can You Afford Investment Management Fees?

Image shows a financial professional’s hand using a calculator to figure average investment management fees. The general rule for financial advisor fees is about 1%. More specifically, according...

Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi – Bitcoin News

Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-base...

How the Inspire Brands CEO Learned to Care About Company Culture

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Huobi will be acquired by Hong Kong-based About Capital Management

Huobi will sell a majority stake to Hong Kong-based investment company About Capital Management, Huobi announced in a blog post. As the change in ownership occurs, there will be no impact on the excha...

Hong Kong Based Asset Management Firm Buys Out Majority Stake in Crypto Exchange Huobi Global

Terms of trade are yet to be disclosed. About Capital wants to expand Huobi’s global presence. Change in ownership; teams remain unchanged Chinese cryptocurrency exchange Huobi Global revealed in a bl...