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Berkshire's Charlie Munger has a very blunt response to those driving rich people away as Amazon scraps HQ2

‘It's been serious. Driving the rich people out is pretty dumb if you're a state or a city. "                    Charlie Munger                            That is the famously plain-ghosts Charlie Munger, speaking to CNBC's Becky Quick in an interview on the network that aired on Friday. "They're old. They keep your hospitals busy. They donate your schools, the police department, your …

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Shopping with a credit card can soon become more expensive

Credit card companies migrate a variety of fees US merchants will pay to process transactions, which is likely to cause the already noisy relationship between many businesses and card networks. Visa Inc. V, + 0.83% and Mastercard Inc., MA, + 0.41% the two largest US card network, preparing increases on certain existing charges that will kick in April, according to …

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Eddie Lampert goes down as head of Sears & # 39; table

(Reuters) – Eddie Lampert will step down as head of the Sears Holdings Corps board, with effect immediately, a corporate archive being shown on Thursday. The termination of the contract concerns the completion of the "going concern" transaction and is "not the result of disagreement with the company in all matters relating to the company's business, policy or practice," according …

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Cashless store ban could crush the Amazon store in Philly

Same day Amazon rejected his plans for a headquarters in Queens, warned Philadelphia that it could reconsider its plans to open a brick and mortar there because of the city's proposal to ban so-called cashless stores. [19659002] The proposal – which would ban most stores from refusing to accept money – ordered by a 12-4 vote on Thursday, reported Philadelphia …

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PAYLESS CLOSURES: Report: Payless set to close all stores, bankruptcy file – WPXI Pittsburgh

Payless ShosSource: Payless set to shutter all stores, bankruptcy file WPXI Pittsburgh Payless ShoeSource set to close 2300 stores: Report Fox Business Report: Payless set to close all 2300 US stores WHEC ] Report: Payless ShoeSource closes all stores after filing for bankruptcy WKBN.com Shoe store expected file for bankruptcy WNEP Scranton / Wilkes-Barre See full coverage on Google News …

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Stock Futures Edge up as Tech, Marijuana Stocks Rally

Stock futures angled higher Friday to ease China's trade wars and US government-defying tensions bending markets, while the early results were mixed. X Dow Jones futures strengthened to trade 0.2% above fair value. Nasdaq futures shook off early losses and rose 0.1%. S & P 500 futures are also traded 0.1% higher. Positive earnings sent IBD 50 stocks SS & …

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PepsiCo earning Q4 2018

PepsiCo on Friday reported quarterly earnings and revenue with analysts' expectations, but said the expects earnings for 2019 amid currency headwinds, rising effective tax rate and increased investments in advertising.

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