Bill Gates gives $20 billion to stem 'significant suffering'
Bill Gates, concerned about the “significant suffering” caused by global setbacks including the COVID-19 pandemic, announced Wednesday that he will donate $20 billion to his foundation so it can increase its annual spending. The donation, combined with longtime board member Berkshire Hathaway CEO Warren Buffett's $3.1 billion gift last month, brings The Bill and Melinda Gates Foundation's endowment to approximately $70 billion, making it one of the largest, if not the largest in the world, depending on daily stock valuations. In an essay on the foundation's website, Bill Gates said he hopes “others in positions of great wealth and privilege will step up in this moment too.”news.yahoo.com
Bill Gates said it's 'kind of weird' that 'crazy people' are protesting vaccines outside his TED talk when he has helped save millions of lives
Bill Gates addressed TED2022 in Vancouver, Canada, where anti-vaccine protesters have gathered to falsely accuse him of orchestrating the pandemic.news.yahoo.com
MoneyWatch: EU bars 7 Russian banks from SWIFT
In the latest rounds of sanctions hitting Russia following the invasion of Ukraine, the European Union has removed 7 banks from the SWIFT system, which supports global financial transactions. Politico national security reporter and author of the "National Security Daily" newsletter Alex Ward joins "CBS News Mornings" to discuss.news.yahoo.com
Melinda French Gates Says Jeffrey Epstein Helped Break Up Marriage to Bill
Ludovic Marin/AFP via GettyMelinda French Gates acknowledged in an interview on Thursday that her divorce from Bill Gates came about in part because of his relationship with the convicted sex offender Jeffrey Epstein.“It was many things. But I did not like that he’d had meetings with Jeffrey Epstein,” she told CBS Mornings’ Gayle King. “I made that clear to him.”French Gates said she met the sex offender “exactly one time, because I wanted to see who this man was. And I regretted it from the secnews.yahoo.com
Pakistan honors Bill Gates for efforts on poverty, disease
Pakistan awarded Microsoft co-founder and billionaire philanthropist Bill Gates its second-highest civilian honor on Thursday, in recognition of his work to alleviate poverty and diseases like polio and tuberculosis. On a daylong visit to the capital, Islamabad, Gates was given the prestigious Hilal-e-Pakistan award by President Arif Alvi in a televised ceremony, after he met with Prime Minister Imran Khan at his office. “Pakistan’s commitment to ending polio is inspiring,” Gates said in a statement released by the Bill & Melinda Gates Foundation.news.yahoo.com
The world's top 5 tech tycoons — including Elon Musk, Jeff Bezos, and Bill Gates — have already lost about $85 billion this year after a brutal market selloff
Elon Musk — the world's richest man — has lost $27 billion year-to-date, and is now worth $243 billion after hitting a high in November of more than $300 billion.news.yahoo.com
German leader champions new tack on climate at Davos event
New German Chancellor Olaf Scholz has called for a “paradigm shift” in the way the world approaches climate policy, saying his country would leverage its presidency of the Group of Seven industrial nations to push for standards to fight global warming.
County cuts deal to end fight over Arizona Senate subpoena
Board members overseeing Arizona’s most populous county have reached a deal with the Republican-controlled state Senate that will end a standoff over its demand that they hand over computer routers for use in an unprecedented partisan election review.
Gates, Rockefeller warn leaders about pandemic’s impact
Leaders of the Gates and Rockefeller Foundations — grant makers that have committed billions of dollars to fight the coronavirus — are warning that without larger government and philanthropic investments in the manufacture and delivery of vaccines to people in poor nations, the pandemic could set back global progress on education, public health, and gender equality for years.
Records show pressure by Trump, allies on Arizona officials
Newly released records show the top Republicans in Arizona’s largest county dodged calls from Donald Trump and his allies in the aftermath of the 2020 election, as the then-president sought to prevent the certification of Joe Biden’s victory in key battleground states.
Leak of billionaires' tax data draws GOP outcry over privacy
Republicans in Congress are alarmed by the leak of confidential IRS data to ProPublica that has enabled the investigative news organization to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times.
Bill Gates' leadership roles stay intact despite allegations
Despite damaging allegations suggesting Bill Gates pursued women who worked for him, don’t expect changes to his roles at the two iconic institutions he co-founded, Microsoft and his namesake philanthropic foundation, raising accountability concerns from critics.