If Bill Gates met a time traveler from the year 2100, his first question wouldn't be about his family, or Microsoft's stock price.Instead, he'd ask: Are humans thriving? "In the end, it's all measured through human welfare," Gates said on the most recent episode of his podcast, "Unconfuse Me."In the...
Category: Wealth
L’Oreal shares down 7% on lower-than-expected sales, slowdown in Asia
Balint Porneczi/Bloomberg | Getty ImagesLONDON — L'Oreal shares fell more than 7% Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia.The world's largest beauty brand on Thursday reported fourth-quarter sales below estimates, rising 2.8% to 10.6 billion euros ($11.4...
Social media chatter helps draw 3 million tourists in 3 days to a frigid city in northern China
For many Chinese, Harbin conjures images of ice and steel, a city both cold and tough.But this winter, the heavily industrialized city morphed into a warmly welcoming host, drawing in a record-breaking number of visitors, mainly from China's south.During the three-day New Year period from Dec. 30 to Jan. 1,...
Mark Cuban didn’t want to invest in this $2.5 million ‘Shark Tank’ company—here’s what changed his mind
Mark Cuban didn't want to invest in Genius Litter — until a bidding war between his "Shark Tank" co-stars annoyed him into changing his mind.The Austin, Texas-based company sells color-changing cat litter can alert pet owners of potential illnesses. Founded in 2020, Genius Litter is already profitable, CEO and founder...
Nearly 1 in 5 eligible taxpayers don’t claim this ‘valuable credit,’ IRS says
Laylabird | E+ | Getty ImagesTens of millions of Americans file tax returns every year — and many are missing a "valuable credit," according to the IRS.In 2022, roughly 23 million filers received $57 billion from the earned income tax credit, or EITC, a tax break for low- to moderate-income...