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George Clooney Net Worth: Actor Sells Tequila Company For $1B

In a major deal, leading beverage company Diageo was confirmed Wednesday as the new owners of actor George Clooney’s premium tequila brand Casamigos in a $1 billion deal. The “Hail, Ceaser!” star shares this deal with fellow owners Mike Meldman and Rande Gerber, model Cindy Crawford’s husband. The deal significantly benefits Clooney’s estimated net worth of $500 million. The announcement came four years after the company’s 2013 inception. Prior to sealing the deal, the trio didn’t realize they had a billion dollar company on their hands. “If you asked us four…

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Who Will Be Uber’s Next CEO? The Search Is On Following Travis Kalanick’s Departure

Uber CEO Travis Kalanick stepped down Wednesday amid a cloud of scandal and the ride-hailing app and industry disruptor is looking for its next leader. Bart Friedman, a corporate governance expert and senior counsel at law firm Cahill Gordon & Reindel, told the Wall Street Journal Wednesday that two potential options for the role are Uber board member Arianna Huffington and dark horse candidate and board Chairman Garret Camp, who co-founded the company. READ: Uber CEO Travis Kalanick Resigns Under Pressure From Investors “(Camp) may not demonstrate sufficient change for investors, who will…

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Business 

Twitter Reacts To George Clooney Selling Tequila Brand For $1 Billion

Twitter was quick to react Wednesday to the news that George Clooney was selling Casamigos, a brand of tequila the actor co-owns, for $1 billion to Diageo Plc. Some users expressed surprise at the development, as most weren’t aware of Clooney’s forays into the tequila industry.  I’ll be 100 percent honest. I didn’t know George Clooney had a tequila business worth $1 billion. https://t.co/LZWGxGGaSZ — Sopan Deb (@SopanDeb) June 21, 2017 Did Clooney even know? — Celine Phan (@CelinePhan16) June 21, 2017 That’s the type billionaire I want to be, like George…

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5 Things People Hate Most About Their Jobs

This article originally appeared on the Motley Fool. Do you hate your job? If so, you’re actually in the minority of employees, according to a survey conducted by the Society for Human Resource Management (SHRM). Slightly over half of employees say that they’re satisfied with their jobs, with another 38% stating that they’re very satisfied with their jobs. • Motley Fool Issues Rare Triple-Buy Alert However, that leaves over 10% of Americans who don’t like their jobs and 49% who aren’t highly satisfied. And other studies show higher numbers of Americans…

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Miami Police Give Uber Driver $250 Ticket For Not Speaking Proper English

Miami-Dade Police are seen in cell phone footage ticketing an Uber driver $250 for not being able to speak English well enough. Uber driver Carmen Echevarria says she feels “discriminated against” after Telemundo 51, an NBC affiliate station, obtained video of her receiving the ticket from an officer outside of Miami International Airport on Monday. The English fluency fine was issued as part of a May 2016 Miami-Dade County memorandum rule that requires transportation network drivers be “able to communicate in the English language.” The video shows the interaction between…

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Business 

Lead Found In 20% Of Baby Food Samples

This article originally appeared on Kaiser Health News. Pediatricians and public health researchers know they have to be on the lookout for lead exposure from paint chips and contaminated drinking water. A new report suggests food — particularly baby food — could be a problem, too. The Environmental Defense Fund, in an analysis of 11 years of federal data, found detectable levels of lead in 20 percent of 2,164 baby food samples. The toxic metal was most commonly found in fruit juices such as grape and apple, root vegetables such…

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Amazon’s Jeff Bezos On Way To Becoming World’s Richest Person

Bill Gates, the richest person in the world, may soon lose the top spot in the list of billionaires. Jeff Bezos, the founder of Amazon.com is merely $5 billion away from becoming the richest person.  After Amazon announced it was buying Whole Foods, the surge in Amazon stock added $1.8 billion to his net worth, taking his total net worth to about $84.6 billion, CNN reported.  Read: Jeff Bezos’ Company May Soon Compete With Facebook, WhatsApp The difference is further expected to decrease as after stepping down from Microsoft as…

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Business 

How Jobs Of The Future Will Change For The Better

This question originally appeared on Quora. Answer by Sondre Rasch. The job is obsolete. I believe the future of work is very different from what we see today, and I quit my job as policy advisor in for the Norwegian parliament to help make sure it happens. In the future every person in world will be able to choose to work on what she does best, whenever she chooses, from wherever she wants and be paid the world’s value of her produce instantly, with security. While she can collaborate with other’s to…

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Will Whole Foods Delivery Be Cheaper After Amazon’s $13B Deal?

Whole Foods Market’s stock prices rose 28 percent Friday following news that the online distributing giant Amazon was buying the grocery story for an estimated $13.7 billion. The acquisition is unlikely to lower consumer prices but will offer more opportunities for the expanding e-commerce business for fresh food.  “The brand is a good compliment to Amazon and would allow them to more aggressively target fresh food delivery to the at-home market,” Darren Tristano, chief insights officer at Technomic, told CNBC Friday. Amazon has dominated the industry of deliveries of online purchases. A report from Citi Research…

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The Price Of Oil Is Plunging. Here’s Why

This article originally appeared on the Motley Fool. What happened Oil supplies in the U.S. remain stuck at elevated levels despite strong compliance by OPEC and its partners in a coordinated effort to reduce output and drain supplies. That was evident from the most recent inventory data by the U.S. Energy Information Administration, which showed that stockpiles only fell by 1.7 million barrels this week. That was once again well below the consensus estimate, with analysts anticipating a 2.7-million-barrel draw. • Motley Fool Issues Rare Triple-Buy Alert That softer decline…

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