“I was going to be a sales person representing that I managed the portfolio. I couldn’t live with that.” Bethany McLean and Ethan Wolff-Mann Yahoo Finance “Established 1852. Re-established 2018 with a recommitment to you.” That’s the tagline from Wells Fargo’s new advertising campaign, which is designed to move the bank past its huge fake-accounts scandal caused by the immense pressure put on its bankers to sell. Indeed, Wells makes a point of saying that product sales goals are gone — for its branch bankers. But in the upper echelon of a different division of Wells Fargo — its Wealth and Investment Management division — the intense pressure for sales is alive and well, according to hundreds of pages of internal documents reviewed by Yahoo Finance, and interviews with four former employees in that division. In fact, even as Wells was de-emphasizing sales goals within its community bank, the pressure on its wealth … [Read more...] about Exclusive: Wells Fargo Automated High-Net-Worth Wealth Management As Advisors Faced Sales Pressure
Berkshire hathaway net worth
Most of America’s wealthiest executives continue to be men, as Amazon’s Jeff Bezos and Berkshire Hathaway’s Warren Buffett still have a dominating presence in their industries. But women entrepreneurs continue to make strides. Some of those wealthy businesswomen include notable names in the entertainment industry such as Oprah Winfrey, Madonna and Beyonce. Yet most of America's wealthiest businesswomen aren’t just confined to famed recording artists or media megastars. In some cases, they are leading prominent tech and media companies like YouTube and Facebook. There has been an across-the-board improvement for women in business. The number of successful businesses run by women has increased by 114 percent over the last 20 years, according to data from a 2017 report by the National Association of Woman Business Owners (NAWBO). The same report noted that women own an estimated 11.6 million U.S.-based businesses. Many … [Read more...] about America’s Richest Self-Made Women: What’s The Net Worth For Beyonce, Madonna And Oprah Winfrey?
Chris Pratt has taken Hollywood by storm. Successfully making the leap from dopey TV sidekick to full-fledged action movie hero, he doesn’t appear to be slowing down any time soon. Pratt is set to star in a slew of upcoming projects, including “Avengers: Infinity War” and a yet-unnamed “Jurassic World” sequel, both due out in 2018. This June 21, the actor will turn 38. Here is a look at his net worth, career and marriage to Anna Faris. Chris Pratt Net Worth: $30 MillionChris Pratt’s net worth of $30 million has its roots in Hawaii, when he was discovered while waiting tables. A part in Rae Dawn Chong’s 2000 comedy-horror short “Cursed Part 3” helped launch Pratt’s career, eventually leading to parts in the shows “Everwood” and “The O.C.”His earnings have increased dramatically over the last few years, as he took on lead roles in blockbusters like “Jurassic … [Read more...] about Chris Pratt’s net worth ahead of his 38th birthday
Published May 09, 2018 Markets Motley Fool Facebook Twitter Comments Print Often referred to as "Woodstock for Capitalists," Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) annual meeting is an event many Warren Buffett followers look forward to all year. In this episode of Industry Focus: Financials, host Michael Douglass and financial sector specialist Matt Frankel give a recap of the highlights of this year's meeting. Continue Reading Below A full transcript follows the video. 10 stocks we like better than WalmartWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, the Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Walmart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! … [Read more...] about Berkshire Hathaway’s Annual Meeting: What You Need to Know
Published May 05, 2018 Markets Motley Fool Facebook Twitter Comments Print Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) reported that operating earnings increased 49% year over year to $5.3 billion in the first quarter of 2018. The Omaha-based holding company reported that its insurers, railroad, and manufacturing subsidiaries all earned higher profits, though losses in its investment portfolio weighed on its net income. Here's a breakdown of the company's first quarter earnings report, segment by segment. Continue Reading Below The manufacturing, service, and retailing segment earned $1.8 billion (up 38%) Berkshire's manufacturing, service, and retailing businesses include everything from Precision Castparts to Dairy Queen and See's Candies. These mostly American-based businesses that Berkshire has acquired over the years are now its single-largest profit driver. The industrial businesses remain the key earnings driver in this segment. Revenue at … [Read more...] about Berkshire Hathaway’s Operating Earnings Soar in the First Quarter