Bill Ackman failed to launch a publicly-traded investment fund earlier this month. He typically keeps a highly concentrated portfolio of a few high-conviction stocks. These three companies all have strong competitive advantages, but not every one looks like a buy right now. You can still follow Bill Ackman's trades. Here...

Billionaire Bill Ackman Has 60% of His Hedge Fund's $10 Billion Portfolio in Just 3 Stocks

Markets Insider

Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.

Investors need to be cautious on stocks because the economy is flashing a warning not seen in nearly a century, billionaire investor Mark Mobius says

Warren Buffett has overseen a greater than 5,180,000% return in Berkshire's Class A shares (BRK.A) since becoming CEO in the mid-1960s, and it's earned him quite the following on Wall Street. Buffett and his top investment advisors have been net-sellers of equities for seven consecutive quarters. Despite being very selective...

Warren Buffett's Latest $345 Million Buy Brings His Total Investment in This Stock to Almost $78 Billion in 6 Years

The Motley Fool

All three stocks are cheap, but one has head-turning growth to go with it.

Prominent Billionaires Just Bought the Dip With These 3 Stocks

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NewsNinja

"They get more than us, Why nobody told me about this?". If you're looking for a tasty option that won't break the bank, a Chick-fil-A's kids' meal might be just what you're after. It seems like a great deal. In fact, some people argue it's a better deal than a regular adult meal. This TikToker took the audience through the ins and outs of this meal.

Chick-fil-A customer says they’ll never order a full meal again after seeing kids’ meal

Florida State

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Lakeland, FL

Akeena

If you’ve been keeping an eye on the local grocery scene in Florida, you might have heard the buzz: some Winn-Dixie stores are making the switch to Aldi. This transition is happening as Aldi snaps up 400 Winn-Dixie locations, including several in Florida cities like Panama City and Lakeland.

A Major Grocery Store Has Closed and Laid Off 48 Employees in Florida

MercadoLibre continues to dominate the Latin American e-commerce space. The Trade Desk continues to put up rapid growth as the ad tech leader. Sweetgreen is finding eager customers and has a breakthrough tech innovation. The stocks have jumped on their earnings report. Here's why they could keep rallying. August has...

3 Soaring Stocks That Are Screaming Buys in August

North Carolina State

Charlotte, NC

Town Talks

Barbecue ribs are an all-American delicacy, with variations ranging from St. Louis-style pork ribs to tender beef ribs. The best ribs are those that are perfectly seasoned, slowly smoked, and smothered in a sweet, sticky glaze.

North Carolina Eatery Named 'Best BBQ Ribs' in the State

Pompano Beach, FL

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Jacksonville, FL

Jacksonville Today

A historic marker could be erected to honor the victims of the racist mass shooting at the Dollar General store in Jacksonville’s New Town neighborhood nearly a year ago. If approved by the Jacksonville City Council, a marker would be installed at Kings Road and Canal Street on Aug. 25, a day before the first anniversary of the shooting, when a white gunman took the lives of three Black people.

Memorial considered to honor Dollar General victims

Cary, NC

A recent report by GOBankingRates highlights one of North Carolina’s towns as a standout in terms of safety and affordability. Cary, a thriving community in the Triangle area near Raleigh, has been ranked as the second-best city in the United States for its low cost of living and minimal crime rates.

North Carolina spot among the top safest + most affordable places to live in the US

The San Francisco Standard reports that Waymo, the Alphabet subsidiary, is considering a subscription program that would let teens hail one of its cars solo and send pickup and drop-off alerts to their parents. In a survey, Waymo referred to the program as “Waymo Teen,” and floated prices ranging from $150 to $250 per month for up to 16 rides.

Waymo wants to chauffeur your kids

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Chicago, IL

Foodie in Chicago

(CHICAGO) In July, Democratic National Convention (DNC) officials predicted 50,000 visitors to Chicago and a $150 million boost to the economy. But are restaurants feeling the bump in business thanks to the convention?

DNC in Chicago: Some Restaurants Left Hungry for Expected Business Boom

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

California State

“Sam Altman, our former boss, has repeatedly called for AI regulation,” they write in a letter that was shared with Politico and which urges California Governor Gavin Newsom to sign the bill. “Now, when actual regulation is on the table, he opposes it.” The two add that, “With appropriate regulation, we hope OpenAI may yet live up to its mission statement of building AGI safely.”

‘Disappointed but not surprised’: Former employees speak on OpenAI’s opposition to SB 1047

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Reuters

NEW YORK (Reuters) - A handful of institutional investors bought large positions in former President Donald Trump’s media company in the second quarter ahead of the company's inclusion in two Russell indexes, regulatory filings released on Wednesday showed.

BlackRock, Vanguard big purchasers of Trump Media shares in Q2, filings show

Sebastien Page, T. Rowe Price head of global multi-asset and CIO, joins 'Squawk Box' to discuss state of the economy, what to expect from Fed Chair Powell at the Jackson Hole symposium, rate path outlook, latest market trends, and more.

Don't think we're getting a recession over the next 12 months, T. Rowe Price's Sebastien Page

NewsBreak

Colorful Capital will stop trying to raise for a fund

Colorful Capital’s co-founders, William Burckart and Megan Kashner, declined to comment. A former employee who used to work on the investment team and asked to remain...

Colorful Capital will stop trying to raise for a fund

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