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Bill Ackman Once Asked A $700 Million Question To Warren Buffett On Leverage. The Oracle Of Omaha’s Response Shows Where He Places Trust When He Invests In A Company
In 1994, Bill Ackman asked Warren Buffett about the risks of Salomon Brothers’ high leverage, to which Buffett emphasized the critical role of leadership in managing leverage safely to avoid danger while maximizing returns. read more
Eli Lilly’s Zepbound Receives FDA Approval For Obesity-Linked Sleep Apnea Drug
The FDA approved Eli Lilly’s Zepbound as the first drug for obesity-linked moderate-to-severe sleep apnea, potentially transforming treatment options for 80 million Americans. read more
Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla’s Interests
Elon Musk has been accused by U.S. Representative Rosa DeLauro of pressuring Republicans to remove U.S.-China investment safeguards, allegedly to protect Tesla’s business interests in China, a claim Musk has publicly criticized. read more
Deal Dispatch: Honeywell, Textron And Soho House Are Making M&A Moves
In addition to the latest deal coverage, we include a snippet from our exclusive chat with Tony Roma’s CEO Mina Haque. read more
Johnson Averts Shutdown But Faces Growing Pressure From Right
House conservatives are pressuring Speaker Mike Johnson after a rocky week of negotiations and infighting over a government spending bill. read more
Google Announces Major Layoffs As Pichai Stresses Efficiency
Google has reduced its top management roles by 10% as part of a multi-year effort to streamline operations and boost efficiency. read more
Investment Guru Peter Lynch: ‘Often Great Investments Are The Ones Where Everyone Else Will Think You Are Crazy’
Peter Lynch, a renowned investor and former fund manager of the Magellan Fund at Fidelity Investments, achieved a legendary compound annual return of 29% during the 1980s. read more
Mary Trump’s Warning: Donald Trump’s Second Term ‘Already Is More Dangerous Than the First’
Mary Trump, niece of President-elect Trump and one of his most vocal critics, has issued a stark warning about what to expect from her uncle’s second administration. read more
Luigi Mangione Lands In Same Brooklyn Jail As Diddy And FTX’s Bankman-Fried
The alleged murderer of UnitedHealth Group CEO Brian Thompson has been transferred to the Metropolitan Detention Center in Brooklyn, New York. read more
Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall
The cryptocurrency market has shown resilience following a significant downturn, with Shiba Inu (CRYPTO: SHIB) leading the recovery. read more