Thursday, 16 Jan 2025

Business

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Buffett says wealthy Americans are 'definitely undertaxed'

(Reuters) – Billionaire investor Warren Buffett said on Monday that the wealthy, including himself, are not paying enough taxes. “The wealthy are definitely undertaxed relative to the general population,” Buffett, the chairman of Berkshire Hathaway Inc, told CNBC television on Monday. “As we get more specialized, the rich will get richer,” he continued. “The question […]

Bank of Ireland to increase dividends as customer loans top €77bn

Bank of Ireland is to increase its dividend to 16c per share, or €173m, in respect of 2018. This is up from 11.5c per share, or €124m, in 2017. It comes as customer loans grew to €77bn last year, reflecting net lending of €1.3bn, with new lending of €15.9bn, according to 2018 results for the […]

Caesars in talks with Icahn about new CEO as part of settlement: sources

(Reuters) – U.S. casino operator Caesars Entertainment Corp is in talks to offer Carl Icahn a role in selecting its new CEO as part of an agreement that would also give the billionaire investor board seats, people familiar with the matter said on Sunday. The negotiations come after Icahn disclosed a 9.8 percent stake in […]

Boost for Creed as Macron backs big CAP budget – FarmIreland.ie

French President Emmanuel Macron has called for a large budget to defend EU goals on food quality and environmental protection. France is the EU’s biggest agricultural producer and the main beneficiary of its Common Agricultural Policy (CAP), which is due to be renegotiated this year just as Britain, a net budget contributor, is set to […]

Shortage of key workers 'could hit innovation'

A skills deficit and shortage of key workers is threatening to stifle innovation and is hitting quality standards at Ireland’s companies, according to a new report published this morning by PwC. Its survey of human resources directors found that 75pc of them are having difficulty filling roles. It also shows that the key shortages are […]

Microsoft hails revamped goggles as more immersive and easy to wear

BARCELONA (Reuters) – Microsoft unveiled the latest version of its HoloLens augmented reality headset on Sunday, promising wearers would feel more immersed in the augmented reality experience and more comfortable. Slipping on the carbon fiber goggles is as “simple as putting on your favorite hat”, Microsoft developer Alex Kipman told a launch event at the […]

Why Are Young People Pretending to Love Work?

Never once at the start of my workweek — not in my morning coffee shop line; not in my crowded subway commute; not as I begin my bottomless inbox slog — have I paused, looked to the heavens and whispered: #ThankGodIt’sMonday. Apparently, that makes me a traitor to my generation. I learned this during a […]

In a shift, Buffett says focus on Berkshire's stock price

(Reuters) – Warren Buffett has long told investors in his Berkshire Hathaway Inc they should not pay so much attention to what its stock price is doing. No longer. Buffett said in his annual letter to Berkshire shareholders on Saturday that the conglomerate’s stock price will over time “provide the best measure of business performance.” […]

Fed says U.S. economy ended 2018 with solid but weakening growth

WASHINGTON, Feb 22 (Reuters) – The U.S. economy maintained “solid” growth through the second half of 2018, likely expanding “just under” 3 percent for the year, though consumer and business spending had begun to weaken, the Federal Reserve said on Friday in its semi-annual monetary policy report to Congress. In a document that balanced its […]