Almost 20% of American households generate passive income from interests, dividends, or rents, with median earnings at $4,200 annually. Building passive income streams is an emerging trend as more people increasingly gain access to investment instruments that have long been limited to the wealthy. Rich Dad Poor Dad author Robert Kiyosaki believes everyone should focus … Read more
Carpenter Christopher DeVocht from the Sooke community of British Columbia, Canada, is among the few day traders who have grown thousands of dollars to hundreds of millions in a short span and then lost it all. DeVocht started as most traders do, following trading forums and backtesting strategies, but little did he know his C$88,000 … Read more
Entertainment Simu Liu talks about joining the new season of Dragon’s Den and how he approaches investment as business opportunties for celebrities increase. From failed accountant to celebrity investor – Liu talks about temptation and opportunities as his star rises CBC News · Posted: Sep 26, 2024 4:00 AM EDT | Last Updated: 3 hours … Read more
Billionaire investors and renowned hedge fund managers, such as Pershing Square Capital Management’s Bill Ackman, Citadel’s Ken Griffin, and Susquehanna International Group co-founder Jeff Yass, bought millions of Nike shares in Q2 despite the company struggling to retain the top market spot due to headwinds on multiple fronts. Shares are down over 20% year-to-date and … Read more
New Delhi: SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline. Foreign entities, including Societe Generale – ODI, Goldman Sachs (Singapore) Pte – ODI, Nomura Singapore Ltd ODI and Discovery Global Opportunity (Mauritius) Ltd are among the investors who have been allotted … Read more
Quebec’s Alimentation Couche-Tard started with one store in 1980. Now, the retailer stands a serious chance of taking over the largest operator of convenience stores in the world: 7-Eleven. Currently, 7-Eleven’s more than 84,000 locations across the globe are owned by Japanese retailer giant, Seven & i Holdings, which rejected an offer worth $38.5 billion … Read more
A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy. Justice Peter Cavanagh of the Superior Court of Justice in Toronto on Tuesday granted an order that recognizes and gives force to the plan approved by a U.S. bankruptcy judge last week. The future of the … Read more
Nutrispray has announced its launch, backed by actor, wellness icon and entrepreneur Shilpa Shetty, who joins as both an investor and the face of the brand. Shilpa’s endorsement reflects her belief in Nutrispray’s innovative approach to health, designed to simplify the process of maintaining a balanced lifestyle in today’s fast-paced world. Shilpa Shetty turns investor … Read more
Berkshire Hathaway chairman Warren Buffett increased his stake in US-based audio entertainment company Sirius XM Holdings (NASDAQ: SIRI) by 262.24% during the quarter ended June 30. According to the latest company 13F filing, Berkshire Hathaway purchased 96.2 million SIRI shares in Q2 at an average price of $3.36 apiece to own a total of 132.88 … Read more
The nearly two-decade-long oil pipeline saga surrounding the failed Keystone XL pipeline is nearing an end, as Calgary-based TC Energy has lost its bid to recoup $15 billion from the U.S. government. The decision also raises doubts about whether the Alberta government will recover any of its losses as an investor in the project. TC Energy first … Read more
 "Why is it so difficult to lose weight? ‘Fat cells’ may be the reason – Firstpost")
