Business Diary: The Sage of Omaha turns rock star
Friday 19 March 2010
Is there nothing to which Warren Buffett cannot turn his hand? Via Berkshire Hathaway, he holds a stake in US insurer Geico, whose staff traditionally make a video for the annual general meeting. This year that video stars Buffett rocking out and singing a power ballad Geico staff wrote – in bandana and wig, right, he looks remarkably like Axl Rose from Guns N' Roses. Check it out on YouTube.
Tory MEP shows a lack of gratitude
After the European Commission's snide remarks about Labour's economic policies this week, you might have thought Tory MEP Syed Kamall would feel well disposed to our friends in Brussels. Not a bit of it – he's too busy being enraged about the bailout of Greece. "If France and Germany really want to share a currency with Greece they should enforce the Eurozone's fiscal rules on irresponsible politicians in Athens rather than making up new rules for responsible traders in London," Kamall complains.
Are the Ryanair folk feeling off-colour?
We are seriously concerned about the health of the folk in charge of Ryanair's marketing department. While the British Airways dispute has been rumbling on for weeks, the usually opportunistic budget airline has only now got round to an attempt to cash in. Still, at least the Ryanair release is characteristically cheeky, suggesting BA passengers switch to it at Easter, even though cabin crew staff have promised not to strike over the holiday weekend.
Fighting families spell trouble for publisher
Can't wait for Family Wars, a new book from Kogan Page on the feuds behind the scenes at family-run businesses such as "Guchi, Ford, Gallo, Guiness and Pathak" [sic]. There may be a row at the publisher itself when managers realise two of the family names are spelled wrong on their pre-publication publicity.
Save your breath
Today's award for research that proves the absolutely obvious goes to the Institution of Civil Engineers. Its latest survey suggests that "potholes send road satisfaction downhill". Who would have thought it?
Number of the day: 40%
The pay cut taken by Rob Woodward, the boss of Scottish broadcaster STV. His salary fell to £418,000 last year.
- 1 Amy Winehouse statue unveiled in Camden
- 2 Lego breaks out of the toy box and heads for the gallery
- 3 George Galloway on Scottish independence: The political class is doing what Hitler couldn’t – destroying Britain
- 4 Headaches, fry ups, and hair of the dog - why do we get hangovers, and is there such thing as a 'cure'?
- 5 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
George Galloway on Scottish independence: The political class is doing what Hitler couldn’t – destroying Britain
Daniele Watts: Django Unchained actress detained in Los Angeles after being mistaken for a prostitute
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
Scottish independence: Britain faces 'constitutional crisis' at next election
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
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