Tag Archives: Words

“ ‘Absolute chaotic disaster’ ” Those are the words former President Barack Obama used to describe President Donald Trump’s response to the coronavirus pandemic, according to a leaked recording obtained by Yahoo News. “It would have been bad even with the best of governments,” Obama, while making a push for …

The era of coronavirus has already been hard on the American psyche, but the CEO of the world’s largest asset manager cautions that everyone should brace for even rougher days ahead, as the U.S. attempts to emerge from the worst public-health crisis in more than a century. BlackRock’s Chief Executive …

“ ‘We do not know exactly what happens when you voluntarily shut down a substantial portion of your society.’  ” That’s Warren Buffett, Chairman and CEO of Berkshire Hathaway, on Saturday offering his first public statements since the coronavirus pandemic ravaged the stock market and economy, putting a record number of people—some …

Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. “I was wrong about that business,” Buffett said, speaking on Saturday in Omaha, Neb., at Berkshire’s annual shareholder meeting, which …

Bill Gates says there’s one key to safely reopening the U.S. economy: Testing. The Microsoft Corp. MSFT, +1.82% co-founder, whose namesake foundation has long funded the global fight against infectious diseases, told CNN’s Fareed Zakaria on Sunday that the U.S. needs to be smart about reopening as the coronavirus pandemic …

“ ‘It’s going to be brutal. There’s no way to sugarcoat it at all.’ ” That is outspoken billionaire and Dallas Mavericks owner Mark Cuban, who has been increasingly visible as the National Basketball Association has been temporarily suspended due to the deadly COVID-19 pandemic. On Wednesday morning, Cuban, speaking …

“ ‘The world has faced pandemics before, but this time we have a new superpower: the ability to gather and share data for good. If we use it responsibly, I’m optimistic that data can help the world respond to this health crisis and get us started on the road to …

“ ‘We have done what very few countries have been able to do. We have stopped a wave of devastation.’ ” That’s New Zealand Prime Minister Jacinda Ardern claiming a win against the coronavirus in an address to the nation on Monday from capital city Wellington. Kiwis, she said, will …

“ ‘I don’t think we’re at the absolute bottom yet because the implications of this shutdown are incredible.’ ” — Mark Mobius Emerging-markets investing pioneer Mark Mobius made those remarks Tuesday in an interview with CNBC, putting him in the investing camp that expects an inevitable cascade of brutal economic …