A strong balance sheet, like Apple’s, allows for continued growth-oriented investments despite a turn in macroeconomic conditions.
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Apple’s new streaming soccer deal shows how strong businesses can grow even in tough times
Business
Art and classic car auctions top $600 million despite Iran war
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Global collectors shrugged off the stock market declines and the war in Iran last week to spend more than $600 million […]
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Rivian’s crucial R2 EV launch to begin with $58,000 model in spring
Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, on March 7, 2024. Mike Blake | Reuters Rivian Automotive will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday. The first of the R2 […]
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Business
Amid Middle East conflict and new tax incentives, more family offices look to Hong Kong
Hong Kong’s Victoria Harbour. Yaorusheng | Moment | Getty Images As the Iran war rocks Dubai’s safe-haven image, Hong Kong’s expanding tax incentives for family offices may attract wealthy individuals reconsidering their Middle East exposure, lawyers and consultants told Inside Wealth. “We’re seeing a lot more interest in Hong Kong. This interest, especially in the […]
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