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‘Warren Buffett has some excellent advice for foundations that they probably won’t take’

Warren Buffett’s advice to stick with low-cost index funds rather than high-fee money managers makes sense for philanthropies as well. “America’s foundations are taking money that could be devoted to their programs — to alleviate global poverty, to improve education, to support medical research or promote the arts — and transferring it to wealthy asset managers,” writes journalist Marc Gunther,

Sage of Omaha Extols America’s ‘Tide of Immigrants’

Human ingenuity. Market system. Rule of law. To the list of drivers of America’s economic dynamism, Warren Buffett added a fourth in his annual letter to shareholders of Berkshire Hathaway: “a tide of talented and ambitious immigrants.” Those factors, Buffett writes, combined “to deliver abundance beyond any dreams of our forefathers.” Buffett’s folksy style can

Seeing and Raising Mark Zuckerberg’s Big Bet on ‘Global Community’

Let’s give him the benefit of the doubt and acknowledge that Facebook chief Mark Zuckerberg took a big swing with last week’s 5,700-word post, “Building Global Community.” Hell, in the current environment, simply coming out in favor of global approaches to urgent challenges counts as a courageous move. “When we began, this idea was not

Bloomberg recruits Republicans to stake out a different immigration policy

Media mogul and former Mayor Michael Bloomberg has recruited Republicans as well as Democrats to help highlight the contributions of immigrants in all 435 congressional districts. The more than 100 roundtables and other events during this week’s congressional recess comes as the Trump administration rolls out plans to speed up deportation of undocumented immigrants. Immigrants

Which investors are bridging the gap in research funding?

Climate Finance The fate of climate and other public research may be in the hands of private investors and philanthropists as the EPA and other agencies face cutbacks under the Trump administration, reports FastCompany. Who’s stepping up? In January, Al Gore stepped in to revive a CDC climate and health conference in Atlanta. Bill Gates, Vinod

Elon Musk takes the business case for a carbon tax to Trump

Climate Finance The CEO of electric car company Tesla is the latest to catch the president’s ear with the suggestion to put a price on carbon, floating the climate-friendly idea at meeting of business insiders at the White House. As CEO of ExxonMobil, Rex Tillerson, now Trump’s nominee for Secretary of State, also backed the idea,

Amazon signs up to train vets for careers in tech

Donald Trump starred in “The Apprentice,” but former President Obama signed into law the first-ever annual funding for apprenticeship programs — $90 million — with bipartisan support. ApprenticeshipUSA has signed up more than 200 companies and organizations to provide on the job training to American workers. The latest company to sign up: Amazon. The online retail giant will work through