Bill Gates Extends Olive Branch to Elizabeth Warren Over Wealth Tax

Presidential candidate Elizabeth Warren has gotten a chilly reception on Wall Street, but one tech entrepreneur is willing to extend an olive branch. Microsoft Co-Founder Bill Gates said he would be willing to meet with the Senator to discuss solutions to wealth inequality and poverty. The idea of a meeting was first floated after Bill […] The post Bill Gates Extends Olive Branch to Elizabeth Warren Over Wealth Tax appeared first on CCN.com

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Jeff Bezos Dethroned as World’s Richest Person After Amazon Plummets

Amazon stock is getting bludgeoned following a downbeat earnings report. In Thursday after-hours trading, the stock dropped as much as 10%, making for one of its worst earnings losses in years: And with Amazon’s latest stumble, that means another thing: Microsoft’s amazing year continues. Last month, it unexpectedly became the world’s most valuable company, dethroning […] The post Jeff Bezos Dethroned as World’s Richest Person After Amazon Plummets appeared first on CCN.com

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Why Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla

This should be a happy time for Tesla. After recently confounding critics by breaking its quarterly record for vehicle deliveries in Q2 2019, its share price rocketed over seven percent, closing the day just over four percent higher. After a miserable quarter plagued with boardroom infighting, resignations, missed delivery targets, lukewarm sales, safety scandals, lawsuits […] The post Why Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla appeared first on CCN Markets

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Bill Gates: ‘Extreme’ Alexandria Ocasio-Cortez’s Tax Reforms Would ‘Create Tax Dodging’

What does America’s second wealthiest man think of Ocasio-Cortez’s tax reforms? Bill Gates believes that talk of a top-rate tax of 70 percent is “extreme” and completely “missing the picture.” In an interview with the Verge, Gates spoke out on his views of the taxation reforms. He conceded that taxes could be higher, or “more progressive”. However, focusing on ordinary income tax was misguided. This was a not-so-subtle reference to one of Congress’ newest members Alexandria Ocasio-Cortez who proposed a 70 percent tax rate for the highest earners. Reminder that…

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‘Rich Dad, Poor Dad’ Author Is Bullish on Bitcoin, Says USD Is a Scam

Robert Kiyosaki, the author of the famous financial self-help book Rich Dad, Poor Dad, has described the US dollar as a scam, declaring that bitcoin and other cryptocurrencies are “currencies of the people” that will outlive fiat currency. ‘The Dollar is Toast’ Speaking with Kim Hughes on the Sane Crypto Podcast in which he excoriated the dollar, The post ‘Rich Dad, Poor Dad’ Author Is Bullish on Bitcoin, Says USD Is a Scam appeared first on CCN

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