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Showing posts from February, 2015

Warren Buffett's letter: Gender should never decide CEO

In his much-anticipated annual  letter to stockholders , Warren Buffett, chairman and CEO of Berkshire Hathaway, celebrated his golden anniversary of ownership of the company and teases about talk of a successor — making it clear that gender is not a factor. The Oracle of Omaha sized up the U.S. economy and takes a genial swipe at "preachers of pessimism." Buffett reported that the per-share value of the company he bought in 1965 has rocketed from $19 to $146,186. That, he noted in passing, amounts to a "rate of 19.4 percent compound annually." As for 2014, Buffett reported a $18.3 billion gain in net worth. The 84-year-old billionaire described how Berkshire shifted over the years from being primarily a vehicle for investment to owning and operating businesses — and that, he says, is how it ought to be. "The unconventional, but inescapable, conclusion to be drawn from the past fifty years is that it has been far safer to invest in a diversified co...

Suspect in Mo. killings simply walked into victims' houses

The man suspected of killing 7 people, including relatives, in a rural Missouri community simply opened the door of his victims' houses and shot them in their bedroom or, in one case, was let in by the occupants, according to the Texas County coroner. Authorities say Joseph Jesse Aldridge, 36, killed 7 people in a door-to-door shooting spree in Tyrone, Mo., Thursday night then later killed himself while sitting in his pickup about 15 miles away. The vehicle, still running, was found Friday morning in the middle of the road in adjoining Shannon county. Aldridge's murderous spree may have been triggered by the discovery of his elderly mother, Alice Aldridge, 64, dead of apparently natural causes in her home, coroner Thomas Whittaker told KSDK-TV's Mike Rush.

'Jihadi John' or the boy next door? Who Mohammed Emwazi used to be

London (CNN) Mohammed Emwazi: The world knows him better as "Jihadi John," the man whose masked face and British accented-taunts have featured in a series of brutal ISIS execution videos. But many of those who grew up with him have told the UK media that remember Emwazi altogether differently: as the typical "boy next door," a popular kid who loved football, pop music and The Simpsons. A day after the long-standing mystery behind Jihadi John's identity was solved, clues to his past have begun to emerge -- but far from showing him as a violent extremist, they paint a picture of an ordinary child and teenager growing up in the British capital. Emwazi was born in Kuwait in 1988, and moved to the UK with his parents, Jasem and Ghaneya, and sister at the age of six, according to  CAGE, an advocacy group for those affected by terrorism investigations . The family settled down in west London; Emwazi's father is reported to have  worked as a taxi driver, ...

GOP Bombs On Homeland Security

In a squishy and unsatisfying resolution that funds Homeland Security for a week, the GOP’s internal tensions bubble to the surface once again. It used to be that Congress was broken, and was forced to repeatedly kick the can down the road. Now it seems that Congress can’t even properly kick the can down the road. At a time of alarming national security threats, the House of Representatives brought the nation to the brink of a government shutdown of the Department of Homeland Security. On Friday evening, dozens of conservative Republicans revolted against a plan push the deadline back three weeks, joining with Democrats to vote down a simple funding bill to continue the agency’s funding. Conservative Republicans objected because they wanted Congress to rebuke President Obama over his immigration executive action, which they view as an illegal “amnesty.” Democrats protested because they wanted a “clean,” long-term spending bill that would provide certainty for the Department ...

After Boris Nemtsov’s Assassination, ‘There Are No Longer Any Limits

On Friday evening, Boris Nemtsov, a Russian opposition leader and former first deputy prime minister under Boris Yeltsin,  went  on a prominent Moscow radio station to exhort his fellow citizens to come out to protest President Vladimir Putin ’s policies. There would be a rally on Sunday, a spring march, to demonstrate against the deepening economic crisis and Russia’s involvement in Ukraine. The most prominent Russian opposition leader,  Aleksei Navalny , had been put in jail for 15 days, which just happened to be long enough to keep him from attending the rally. Nemtsov, who was older and, by now, less influential, had handed out leaflets in the metro and encouraged people to come anyway. After the radio show, on which Nemtsov warned that too much power in the hands of one man would “end in catastrophe,” he met Anna Duritskaya, his girlfriend of three years — and, as the police would later  pointedly note , a citizen of Ukraine. They  had dinner  and...