Jollibee's overseas sales are soaring, but its international businesses still lost money last year. @julianaliu explains why its planned Hong Kong IPO can wait 🎥
Chobani is investing $1.2 billion to establish its first Pennsylvania manufacturing facility in Lehigh Valley, creating 900 jobs and boosting the dairy industry. https://t.co/Ha2Q8dussr
Warren Buffett paid more than $55 million for control of a furniture company without an audit.
The contract was one page.
Six years later, its 95-year-old founder walked out and opened a rival business across the street.
Her name was Rose Blumkin.
She arrived in America from Russia with no formal education and learned English from her daughter. In 1937, she used $500 to open Nebraska Furniture Mart.
Her rule was simple. Sell cheap and tell the truth.
When suppliers tried to cut her off for underpricing established retailers, she found new sources elsewhere. By 1983, one Omaha location was generating more than $100 million in annual sales, exceeding the combined volume of its local competitors.
Buffett had watched that record for years. On August 30 of that year, his 53rd birthday, he made the cash offer. Mrs. B was 89.
Berkshire did not count the inventory, verify the receivables, or check the property titles.
Mrs. B gave Buffett her word. He wrote the check.
The 13-minute footage attached to this post captures the acquisition as it happened. Buffett says buying a company without an audit was almost unheard of.
Mrs. B remained chairman. Her son Louie and grandsons Ron and Irv continued managing Nebraska Furniture Mart with her.
In May 1989, at 95, a management dispute with her relatives led her to leave.
Three months later, she opened Mrs. B's Warehouse directly opposite Nebraska Furniture Mart.
At the end of 1992, now 99, Mrs. B rejoined Nebraska Furniture Mart. This time, she signed a non-compete agreement.
Buffett later called his failure to obtain that protection a mistake.
Mrs. B had not broken her word. No agreement prevented her from leaving or competing.
Trust closed the first deal.
The missing clause brought Buffett back nine years later.
The @PAChamber has officially been named the 2026 State Chamber of the Year by the National Association of State Chambers!
We’re beyond proud to see PA recognized on the national stage. And we’re grateful to the more than 13,000 businesses that power our mission every day.
White Cap opened a 480,940-square-foot Enterprise Distribution Center in Bethlehem to serve 67 branches across 13 states and boost Lehigh Valley jobs. https://t.co/SdTCwmH4oJ
1. Diabetes - Eating late at night & inactivity.
2. Hypertension - Eating too much salt & sugar.
3. Migraine - Skipping meals.
4. Heart Disease - Physical inactivity & Fast Food.
5. Gastritis - Eating too fast & Junk Food.
6. Acid Reflux - Lying down after meals.
7. Anemia - Drinking tea with meals.
8. Gut Issues - Not drinking enough water.
9. Asthma - Being in dusty environments.
10. Liver Issues - Eating processed foods & drink.
11. Vitamin D Deficiency - Staying indoors
12. Insomnia - Using screens late at night & zero sunlight
The “Made in Lehigh Valley” Time Capsule is now on display at the National Museum of Industrial History, showcasing products and experiences that help define the Lehigh Valley. Learn more - https://t.co/5fa5Z2aPVw
#MadeInLehighValley