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" ... A cautionary tale by this point, Son spent the next decade-plus bringing SoftBank all the way back. The first step: patience. Masa stubbornly clung to one particularly dear investment. “I was the most bullish guy about the future of Alibaba, more than the management themselves,” he says. “I think the same will repeat again.” From there, highly complex and levered transactions enabled him to acquire Vodafone’s Japan operations and Sprint Nextel, plus British chip maker Arm Holdings. SoftBank also successfully flipped a stake in mobile-game maker Supercell,which developed Clash of Clans. The company kept investing in startups, too, averaging $4 billion or so a year, when in 2017 Son decided to go big again. “The last 20 years, the internet has disrupted the advertisement industry and retail industry; those are the only two,” he says. “Going forward with the power of AI, it’s going to disrupt every other industry.” ... "
" ... No matter what Moira or Will said to Pat, she clung to the idea of aging in her two-story home. She claimed the stairs were good exercise and refused to even relocate her bedroom to the lower level. Moira and Will finally gave up the argument. Over the ensuing years, it has fallen to Moira, who lives nearby, to watch over her increasingly frail mother. Since she refuses any outside help, Moira drives her to the doctor, keeps track of her daily medications, helps her pay her bills, cooks many of the meals and tidies the house between professional cleanings. Recently, Moira had to reduce her work hours. Fortunately, her own kids are launched and on their own, but Moira is 62 and the additional responsibilities and worries about Pat falling have taken a huge toll on her. She worries constantly about how to keep her mother safe during Covid and is now realizing she may need to move in with her before long. ... "
" ... Now, think of a time when you clung onto something for dear life even though you knew deep down it was only harming you. It could be a relationship that went sour or a job that did nothing for you except pay the bills. Rather than making a clean break, you dragged your feet because of stubbornness or because you didn’t want others thinking you were a quitter. ... "
" ... Retail also had a big day Monday, helped by hopes that reopenings can give struggling stores a lift. Though lots of caution remains, it was a hopeful sign that bond prices and volatility both fell to start the week. The dollar, another asset people have clung to recently as the economy weakens, stepped back a little, too. Small-cap stocks continue to gain a little ground. ... "
" ... The Conservative-led centre-right coalition has clung onto power during its second four-year term, with minor parties dropping out to leave Erna Solberg with minority control of Norway’s lawmakers. ... "