We love it when a famous CEO buys a large chunk of his companys stock. In 2013, Elon Musk, the CEO of Tesla, bought over a million shares of Tesla stock for $100 million even though he already had plenty of shares. In June and October 2018, he was at it aga…
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A first-of-its-kind effort to decriminalize ‘magic’ mushrooms in Denver has failed
The votes are in: Denver, Colorado, residents said “no” to an initiative that would have decriminalized psilocybin, or psychedelic mushrooms. On May 7, they voted on a first-of-its-kind ballot initiative called for the substance to be made “the lowest law enf…
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Riding alone in a car is an increasingly unaffordable luxury
UBERS INITIAL public offering, due after The Economist went to press, will be one of the largest in tech history. The hoopla cannot drown out uncertainty about the firms future. Ride-hailing platforms have grown hugely in recent years, changing the face of ur…
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Warren Buffett Might Be Wrong About Tesla’s Insurance Ambitions
When Tesla(NASDAQ:TSLA) released disappointing first-quarter results just over a week ago, most headlines unsurprisingly revolved around the electric automaker’s steep sequential drop in deliveries and, consequentially, its far wider than expected quarterly n…
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Greenlight Capital (GLRE) Q1 2019 Earnings Call Transcript
Image source: The Motley Fool. Greenlight Capital (NASDAQ:GLRE)Q1 2019 Earnings CallMay. 07, 2019, 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Thank you for joining the Greenlight Re confe…
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