backfired

The warning signs were there.Long before guests found themselves abruptly kicked out of their “Sonder by Marriott” stays this month, Sonder, the Airbnb rival, was battling sloppy accounting, a litany of lawsuits, and a stock price so low it was nearly delisted from the Nasdaq.Bankruptcy filings and SEC records show…

Warren Buffett is generally a pretty grateful guy, but there’s one thing in particular that he’s not thankful for: CEO pay ratio rules.The legendary investor took some time in his third annual Thanksgiving letter to Berkshire Hathaway shareholders on Monday to criticize rules that require public companies to compare their…