Companies have generally met earnings expectations this earnings season, according to Gargi Chaudhuri, Head of iShares Investment Strategy Americas at BlackRock, noting lag effect concerns from higher for longer interest rates.
Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today. In the restaurant industry, stability is critical.So when David Ferguson noticed an unexpected $200 charge on his credit card bill from the tech company he uses to help manage his business, he figured it was an accounting mistake.Ferguson is the chef and owner at Gus, a small restaurant in Montreal's Petite-Patrie neighbourhood.He started using Lightspeed, a publicly traded Canadian point-of-sale supplier, about four years ago.
Warren Buffett's idea to borrow money in Japan at rock-bottom interest rates and invest it in high-yielding stocks was inspired, Charlie Munger says. -- BlackBerry Ltd. Chief Executive Officer John Chen will leave the software company this week, ending a decade-long tenure that failed to deliver a turnaround in its fortunes.
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