Wealth

Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his
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Even Jeff Bezos fails sometimes. Since launching Amazon as an online bookstore from his garage in 1994, Bezos has amassed a personal net worth exceeding $191 billion, according to Forbes — and turned Amazon into a $1.6 trillion multinational conglomerate. Part of that success, he says, means learning how to turn your failures into positive momentum.
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At Berkshire Hathaway’s annual shareholders meeting in 2011, billionaire investor Warren Buffett was asked what he thought about the contentious negotiations happening in Congress over whether or not to raise the debt ceiling. His response: failing to raise the debt ceiling would be a massive mistake. “It would probably be the most asinine act that
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Private jet fliers are facing increasing delays, cancellations and lack of available flights as the industry struggles to serve a record number of new fliers, while facing supply-chain troubles. July was the busiest month ever for private jet flights, with more than 300,000 flights, according to Argus International. While business usually cools in the fall,
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Very few people self-identify as upper middle class or wealthy — even if, by the numbers, their income or net worth puts them in that category. Only 1% of Americans consider themselves upper class, according to a 2015 Pew survey, and just 6% of those earning $100,000 or more say they fit this category. According
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