Millionaires & Billionaires Billionaires

More

  • Feb 11- American International Group Inc capitulated in its boardroom fight with activist investor Carl Icahn, nominating both his representative and billionaire John Paulson to its board, as it unveiled a bigger-than-expected quarterly loss. AIG said it had agreed to nominate Paulson, a billionaire investor and president of Paulson& Co, and a managing...

  • SAN JUAN, Feb 11- Billionaire investor John Paulson, who has invested in hotels and other properties in Puerto Rico, said on Thursday he would consider moving to the U.S. territory as he finds the lifestyle very attractive. Paulson, speaking at an investor conference in San Juan, has bet that Puerto Rico, battling a fiscal crisis, will be able to attract fresh visitors...

  • NEW YORK, Feb 11- Republican U.S. presidential candidate Donald Trump said on Thursday he has settled a $500 million lawsuit against Spanish-language television network Univision over its decision not to broadcast the Miss USA and Miss Universe pageants. The lawsuit, which sought $500 million, stemmed from comments Trump made in announcing his presidential...

  • NEW YORK, Feb 11- Republican U.S. presidential candidate Donald Trump said on Thursday he has settled a $500 million lawsuit against Spanish-language television network Univision Communications Inc over its decision not to broadcast the Miss Universe and Miss USA pageants. Terms of the settlement were not disclosed. Trump, a billionaire real estate mogul...

  • SAN JUAN, Puerto Rico— Puerto Rico's government is trying to convince hundreds of wealthy investors to move to the U.S. territory, hoping they could help lift it out of a deepening economic crisis. Speakers include former New York City Mayor Rudy Giuliani and New York hedge fund billionaire John Paulson, who recently bought some of Puerto Rico's most upscale...

  • *Rubbish rots, water contaminated as budgets cut. LUANDA, Feb 11- When a plunge in oil prices prompted Angola's government to slash public spending last year, street trader Antonio Simao Baptista had no idea it would leave his rundown suburb overwhelmed by filth and disease. The budget of Africa's second largest oil exporter has been cut again this year and is 40...

  • Powerful California coastal panel ousts top executive Thursday, 11 Feb 2016 | 12:22 AM ET

    LOS ANGELES— The powerful agency that manages development on California's coastline fired its executive Wednesday after a lengthy and, at times, emotionally charged meeting that veered from accusations about the influence of developers and lobbyists to discussions on the mundane inner workings of government. The California Coastal Commission voted 7-5...

  • BANGKOK, Feb 11- Billions of dollars in government spending aimed at revitalising Thailand's ailing rural economy have failed to reach farmers hit by weak commodity prices and drought, fuelling disaffection with the military government ahead of elections expected next year. Over the past five months the government has announced measures worth around 258...

  • LOS ANGELES— The powerful agency that manages development on California's coastline considered whether to fire its chief executive Wednesday as it faced a packed room of sign-holding supporters who want him kept on the job. Hundreds of people filled a meeting room to capacity, with scores more outside, in what amounted to a striking show of support for Charles...

  • SYDNEY— Australia's former prime minister and two other politicians were gifted designer watches by a Chinese businessman— but initially kept them only because they thought the 40,000 Australian dollar timepieces were fake, a newspaper reported Wednesday. Former Prime Minister Tony Abbott was leader of the then-opposition Liberal Party in 2013 when he...

  • DAR ES SALAAM, Feb 10- One day last October, agents from a crack Tanzanian crime unit raced past Dar es Salaam's Palm Beach Hotel in pursuit of the suspected leader of a global elephant poaching ring. The agents' target that day was Yang Feng Glan, a 66- year-old Chinese national dubbed the "Ivory Queen," who is accused of running a smuggling empire stretching from the...

  • MEXICO CITY, Feb 9- Mexico's peso fell to a record low on Tuesday and Colombia's peso sank as a sharp drop in oil prices and growing fears of a global slowdown pushed investors to safe-haven currencies like the Japanese yen. Mexico's peso shed more than 0.7 percent, paring losses slightly after tumbling to a record low of 18.9350 per dollar, while Colombia's peso...

  • MUMBAI, Feb 9- Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday. Last week, Bloomberg reported that the company was in talks with Saudi Arabia's biggest oil company Saudi Aramco and National Iranian Oil Company to sell a...

  • WASHINGTON, Feb 6- Seven years after the United States banned waterboarding as an interrogation tactic, two Republican presidential candidates said on Saturday they would revive its use and one of them, billionaire businessman Donald Trump, would go even further. Waterboarding- the practice of pouring water over someone's face to mimic drowning as an...

  • WASHINGTON, Feb 6- The United States vowed on Saturday to take all necessary actions to defend itself and its allies following a North Korean rocket launch, and said it would seek "significant measures" in the U.N. Security Council to hold North Korea to account. North Korea said the rocket carried a satellite, but its efforts have raised strong suspicion in...

  • Feb 6- Republican White House contenders on Saturday called for a tough strategy toward North Korea, including expanded missile defense, after the reclusive communist nation appeared to have launched a long-range rocket into space. "They do not understand anything but toughness and strength," New Jersey Governor Chris Christie said of North Korea during the...

  • In a contentious debate three days ahead of Tuesday's New Hampshire primary, billionaire real estate mogul Donald Trump also battled with rival Jeb Bush over the use of eminent domain to seize private property and called for a compassionate approach to those who might lose their health insurance if Republicans repealed Obamacare. Polls show Trump leading...

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri made a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...