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Kevin O’Leary says he asks ‘what would Charlie Munger do?’ when considering deals
Posted onKevin O’Leary praised the late Charlie Munger’s discipline, saying he often asked “What would Charlie do?” when approaching potential deals. But, in a wide-ranging interview with Business Insider, O’Leary said Munger was wrong to trash crypto, which he called “rat poison” and worse. The “Shark Tank” investor said he was a “huge” fan and close…
South Korean workers detained in US raid arrive home
Posted onMore than 300 South Koreans who were detained in a massive immigration raid at a Hyundai plant in the US state of Georgia have arrived back home. Their return comes as the country’s president and Hyundai’s chief executive have warned about the impact of the raid. A chartered Korean Air jet carrying the workers and…
Why has the Bank of England cut interest rates?
Posted onSo why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to remain there? This vexed question is why the proceedings of the Bank’s nine member Monetary Policy Committee were so close and even involved an unprecedented second vote. The bottom line is that in…
Gatwick Airport left without running water at both terminals
Posted onPassengers at Gatwick Airport have faced long queues for toilets and closed restaurants and bars after a major water supply outage. Both terminals at the UK’s second busiest airport lost running water on Sunday morning after a power failure at a treatment works that serves the area. People told the BBC of confusion and frustration…
Decision to run Manchester to London ghost train uninformed, regulator admits
Posted onKaty AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
