World's Wealthiest Became $1 Trillion Richer in 2017

·

·

World's Wealthiest Became $1 Trillion Richer in 2017

The 38 Chinese billionaires on the Bloomberg index added $177 billion in 2017, a 65 percent gain that was the biggest of the 49 countries represented. Hui Ka Yan, founder of developer China Evergrande Group, added $25.9 billion, a 350 percent jump from last year, and the second-biggest U.S. dollar
See Original Article

Retailers ring up an $800B holiday record

RING IT IN, RING IT UP: Shoppers at Primark, above, in Downtown Crossing, hit the stores yesterday for post-Christmas retail therapy.
See Original Article

Good news for FedEx and UPS: People just opened $90 billion in unwanted gifts

Don't like your holiday present? That's a gift for FedEx and UPS. The companies stand to gain as fickle shoppers – and hard-to-please loved ones – send items back to retailers and other vendors in droves.
See Original Article

Uber has found a buyer, and a partner, for its auto-leasing business that was losing more money than expected

Uber is selling its money-losing auto-leasing business to Fair.com, a startup that's trying to upend the auto-leasing industry.
See Original Article

Echoes of 1990s Scandal Roll Across Capitol Hill

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Stephen Mihm at smihm1@bloomberg.net. To contact the editor responsible for this story: Jonathan Landman at jlandman4@bloomberg.net. Before it's here, it's
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.