Buffett defends ‘Giving Pledge’ against Thiel and ‘billionaire backlash’

Buffett defends ‘Giving Pledge’ against Thiel and ‘billionaire backlash’

Warren Buffett, Bill and Melinda Gates Lacy O’Toole | CNBC But in a major article this week, the Times says that over the past two years, “there has been a growing backlash from the billionaires who are its target donors,” including a “quiet campaign by one pro-Trump tech billionaire to destroy it.” Peter Thiel tells the Times he has privately…

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China wants to play the long game with the U.S. What that means for Chinese stocks

China wants to play the long game with the U.S. What that means for Chinese stocks

As U.S.-China tensions escalate and overall market volatility rises, investment strategists expect Chinese stocks will hold up as the country doubles down on tech development. “For now I think as long as people’s sentiment on [the] U.S. is slightly positive, sentiment on China will continue to be positive,” said Liqian Ren, leader of quantitative investment…

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What’s Next: How Will NPB Star Munetaka Murakami’s Power Translate to White Sox, MLB?

What’s Next: How Will NPB Star Munetaka Murakami’s Power Translate to White Sox, MLB?

Deadlines spark action, and with teams reluctant to give Japanese slugger Munetaka Murakami the long-term, nine-figure commitment many originally projected, the Chicago White Sox pounced on the boom-or-bust opportunity to add the 25-year-old corner infielder whose ceiling is as high as any slugger’s on the market. Twenty-four hours before his posting window closed, Murakami and…

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