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Listen to article(2 minutes)Looking to get promoted quickly or avoid being underpaid? Then find companies where managers rise through the ranks, where promotions come with bigger pay bumps, or where employees stick around and build careers.That information has been hard for employees to find. A new ranking of Fortune 500 companies seeks to help job-hunters avoid dead-end jobs. The 2023 American Opportunity Index rates companies by how well they help employees, especially those without college degrees, move into better,…

The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy.What's NewsSee MoreWhat's News The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy.What's NewsSee…

The Berkshire Hathaway CEO, with his business partner Charlie Munger, spent hours this weekend discussing life and career choices. The Berkshire Hathaway CEO, with his business partner Charlie Munger, spent hours this weekend discussing life and career choices. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

One of the most successful people in the history of capitalism recently did something out of character: He proposed a theory for his own success.  Warren Buffett’s annual letter to the shareholders of Berkshire Hathaway is a chance for him to reflect on the past year. This year, he also ruminated on the past 58 years, and he managed to summarize his career in two numbers. The first was Berkshire’s returns over that period: 3,787,464%. The second number was smaller and less precise but no less…

Not long ago, Warren Buffett seemed like he was mostly done with oil stocks. The renowned investor lost big on an oil-company investment in 2008, and bailed out of another in 2014. He assured his shareholders he had learned his lesson. Then, last year, Mr. Buffett built up a fresh $39 billion bet. Not long ago, Warren Buffett seemed like he was mostly done with oil stocks. The renowned investor lost big on an oil-company investment in 2008, and bailed out of another in 2014. He assured…

Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year. They found fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax in 2021, and just six—including Amazon and Warren Buffett’s conglomerate—would have paid half of the estimated $32 billion in revenue the levy would have generated. The tax, which takes effect in January, is the largest…

Occidental Petroleum Corp. OXY 1.75% entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief Executive Vicki Hollub was fending off activist investor Carl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr.…

The 1% tax on stock buybacks signed into law last month would have raised about $8.4 billion from the biggest publicly traded U.S. companies if it had been in effect last year, absorbing the equivalent of nearly a half-percentage-point of net income overall, a new analysis finds.The financial impact would have been similar to raising the combined effective tax rate for the companies to 17.95% from 17.56%, according to financial data firm S&P Dow Jones Indices, which analyzed the buybacks for companies in the S&P…

HONG KONG— Warren Buffett’s investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. 1211 -0.45% for about $46 million. Berkshire Hathaway Inc. sold 1.33 million shares in BYD’s Hong Kong-listed stocks last Wednesday at an average of 277.10 Hong Kong dollars a share, equivalent to around $29, according to a filing to the Hong Kong’s stock exchange. The sale, which came…

As the pandemic set in, investors including Warren Buffett ditched shares of Occidental Petroleum Corp. OXY 9.88% Now, the oil-and-gas producer is the best-performing stock in the S&P 500 this year, and a newfound favorite of the veteran investor.More than two years after selling off its common shares of Occidental, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.30% is the company’s…