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...“Tax is a tremendous brand and I’m a big believer that you never dilute a brand that has meaningful value,” Griggs told the FT....
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...In the summer of 1991, as he tells it, Warren Buffett was in trouble....
...I think in that way it did a job. So Topher and Stephen, thank you so much. We will be back in just a minute for More or Less....
...In his latest shareholder letter Warren Buffett said his company Berkshire Hathaway, at its size and maturity, should “operate with materially less risk of permanent loss of capital”....
...stephen.bush@ft.com...
...Sunak’s phased ban on smoking is a policy change that will endure and outlast him as a result....
...It turns out that Warren Buffett can spot an arbitrage opportunity....
...In general I think it’s a bit of an ink blot test, in that you either think you’re watching a powerful film about war or a ropey but pretty film about politics....
...“Ultimately we are a workplace and our policies and expectations are clear: this is a business, and not a place to act in a way that disrupts coworkers or makes them feel unsafe, to attempt to use the company...
...Lending was up slightly from a year ago. BofA’s provision for bad loans rose 40 per cent to $1.3bn, up more significantly than rivals. Read more here....
...What’s the theory of change here: that they were going to be worried about being sent to a dictatorship where the man in charge has a less formidable moustache?...
...Ultimately Reform is a polarising party and none of these candidates are saying things that are a problem for the voter pool it is fishing in....
...Warren Buffett’s Berkshire Hathaway sold 10mn Apple shares in the last three months of 2023, cutting into a position that the so-called Oracle of Omaha has called one of the “four giants” that account for...
...The bank’s performance received a boost by a rebound in dealmaking that has also buoyed Wall Street rivals....
...The biggest profit driver was Citi’s corporate and investment bank, where fees jumped about 50 per cent from a year ago....
...I am enjoying it a great deal....
...For more from Stephen Bush’s Inside Politics newsletter, click here....
...Donald Trump’s social media company scrambled to find a new auditor after its first pick resigned after just a few months on the job, according to people familiar with the matter....
...Billionaires Ken Griffin, Stanley Druckenmiller, Paul Singer and Warren Stephens threw a combined $13mn behind Nikki Haley, while Jeff Yass spent about $5mn on Vivek Ramaswamy and Stephen Schwarzman gave...
...Profits at US bank Wells Fargo fell in the first quarter, in a sign that the benefits of high interest rates are waning for the big lenders....
...stephen.bush@ft.com Letter in response to this article: A business must tap the talent of diverse groups to be successful / From François Bonnici, Director, Schwab Foundation, Head of Foundations, World...
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn analysts had forecast....
...Warren Buffett has warned Berkshire Hathaway shareholders that his sprawling $905bn conglomerate has virtually “no possibility of eye-popping performance” in the years ahead, laying bare the challenges that...
...Stephen Foley It certainly provoked a reaction among China hawks on Capitol Hill....
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