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Miriam Adelson, the largest shareholder of Las Vegas Sands, is selling $2 billion worth of company stock, or roughly 10% of her stake, according to an announcement from the company.   The proceeds will be used to buy a professional sports team, the casino company said in a filing Tuesday, though …

Charlie Munger Lacy O’Toole | CNBC Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by …

As the U.S. gears up for its next presidential election in 2024, the country needs a “strong middle” political ground and bipartisan cooperation, according to Ray Dalio, founder of investment company Bridgewater. “If you bring the sides together in a bipartisan way, and you create a strong middle, that’s what …

Ray Dalio speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | Getty Images Entertainment | Getty Images ABU DHABI, United Arab Emirates — Amid a turbulent global environment, hedge fund titan Ray Dalio sees one particular part of …

A cameraman takes video footage of a stock index board showing South Korea’s benchmark stock index (L) after a ceremony celebrating the New Year’s opening of the South Korea stock market at the Korea Exchange in Seoul on January 2, 2023. (Photo by Jung Yeon-je / AFP) (Photo by JUNG …

German company Lilium produces flying electric passenger drones. Lilium Lilium, a German air taxi firm, has received regulatory approval to design and operate its electric vertical takeoff and landing vehicles, the company said Monday. Lilium was awarded “Design Organization Approval” by the European Union Aviation Safety Agency, a special condition …

Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Rivian on Monday started leasing select models of its all-electric R1T pickup truck, a move to expand sales and customer base beyond …

German company Lilium produces flying electric passenger drones. Lilium Lilium, a German air taxi firm, has received regulatory approval to design and operate its electric vertical takeoff and landing vehicles, the company said Monday. Lilium was awarded “Design Organization Approval” by the European Union Aviation Safety Agency, a special condition …

Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Alexander Manzyuk | Anadolu Agency | Getty Images Gold prices on Monday rose to a more than six-month high as the U.S. dollar weakened and investors firmed up bets that …

Andrew Bailey, governor of the Bank of England (BOE), during the Monetary Policy Report news conference at the bank’s headquarters in the City of London, UK, on Thursday, Nov. 2, 2023.  Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England’s current remit risks it becoming entangled with …