Walmart founder Sam Walton’s son sold $62 million of shares — and it’s not even 1% of what he owns

Walmart (Rob Walton at the Walmart shareholders conference in 2015. AP/Danny Johnston)  Rob Walton has sold shares from his family company. Walton, who is the son of founder Sam Walton and served as chairman of Walmart until 2015, has unloaded shares of the retailer totaling $62.3 million, according to SEC filings reviewed by CNBC. Walton sold a total of 775,958 […]

A ruling against Google in Canada could affect free speech around the world

Google’s Canadian engineering headquarters in Kitchener-Waterloo, Ontario seen on January 14, 2016. (Reuters) The Supreme Court of Canada issued an order to Google Wednesday: Stop showing search results for a company accused of fraud, not just in Canada, but throughout the world. Yes, that includes everybody reading this in America. But the court’s ruling that the Alphabet. Inc., (GOOG, GOOGL) […]

Warren Buffett Just Gave Away Almost $3.2 Billion — Here’s Why

Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) CEO Warren Buffett has just given away 18.63 million Class “B” shares of his stock, worth nearly $3.2 billion as of this writing. However, this is nothing new: Buffett has given away more than $27.5 billion since 2006. Here are the details about Buffett’s charitable efforts, who’s getting the money, and other billionaires who […]

French Fundraising Shows Startup Cash Is Pouring Into Paris

Two of France’s bigger venture-capitalists, Partech Ventures and Idinvest Partners, are closing funds this month, adding to recent examples of investors pouring money into European startup investments. Partech Ventures said Monday it increased its latest venture fund to 400 million euros ($456 million) from the likes of Cisco Systems Inc., Nokia OYJ, Renault SA and others — more than it had initially anticipated […]

A Trader So Secret They’re Only Known by a Number Just Made Over $200 Million in One Month

An unknown cryptocurrency trader turned $55 million of paper wealth into $283 million in just over a month. The only clue about this person or persons, beyond a virtual wallet with the identification code 0x00A651D43B6e209F5Ada45A35F92EFC0De3A5184, surfaced on a June 11 Instagram posting, in Indonesian, in which he or she (or they) (or somebody posing as […]