Not A Good Enviorment For LT Investing
Where there is one roach...
Ford Selloff Deepens After Warning of $1 Billion in Extra Costs
Ford Motor Co. fell the most in over a decade after saying inflation is pushing supplier costs $1 billion higher than expected in the current quarter, joining the chorus of major corporations warning about challenges rippling through the economy.
Mark Zuckerberg’s $71 Billion Wealth Wipeout Puts Focus on Meta’s Woes
Even in a rough year for tech billionaires everywhere, the Meta CEO’s losses stand out.
His fortune has been cut in half and then some, dropping by $71 billion so far this year, the most among the ultra-rich tracked by the Bloomberg Billionaires Index. At $55.9 billion, his net worth ranks 20th among global billionaires, his lowest spot since 2014 and behind three Waltons and two members of the Koch family.
Tycoon's Wild $3 Billion Gamble on ‘China's LVMH’ Crashes A Chinese LVMH wannabe spent billions buying up global luxury fashion brands, but its deal spree is now unraveling.
Edited by Rogerdodger, 20 September 2022 - 03:39 PM.