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  • July 28- Business software maker Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business. The deal will bring together two companies linked to high-profile technology billionaire Larry Ellison. NetSuite shares rose about 18 percent to...

  • Ray Dalio, Bridgewater Associates

    Billionaire Ray Dalio's hedge fund responds to a New York Times story that reported a culture of "fear and intimidation."

  • He helped build Mars into the world's largest confectionary company.

  • From their suites at the Ritz-Carlton hotel, the finance hub at this week's Democratic convention, and at the event's auxiliary swanky parties, supporters of Hillary Clinton are sounding the alarm about Trump's break with decades of presidential campaign tradition. Moishe Mana, a top fundraiser for Clinton, has offered to give $1 million to the charity of...

  • *Adani Group building India's first transshipment port. *India expects to save millions of dollars in detour costs. New Delhi will grant billionaire Gautam Adani 16 billion rupees so-called "viability gap" funding to help the new port at Vizhinjam, on India's southern tip, win business from established hubs elsewhere in Asia.

  • CHICAGO— British billionaire Richard Branson says if kids are going to smoke marijuana, their parents should join them. The Chicago Tribune reports the Virgin Group founder told an audience of entrepreneurs in Chicago on Tuesday that if their kids are "going to have a joint, do it with them." He adds, "Don't let them sneak off and do it on their own.

  • BOSTON, July 27- Billionaire investor Steven A. Cohen is committing $250 million to a Boston- based investment firm that lets scientists, developers and students submit computerized investment models and then picks the most promising ones to manage the money. Quantopian, a hedge fund that makes investments with the help of algorithms submitted by thousands of...

  • NEW DELHI, July 27- India's largest telecom network operator, Bharti Airtel Ltd, reported a 30.8 percent fall in first-quarter net profit on Wednesday, blaming an adverse foreign exchange impact in Nigeria, although it beat analysts' estimates. Consolidated net profit fell to 14.62 billion rupees in the quarter ended June 30, from 21.13 billion rupees last year,...

  • WINNIPEG/ CALGARY, July 26- An oil spill into a major Canadian river from a Husky Energy Inc pipeline started late on July 20, but flows were not shut down until the following morning, the company said on Tuesday. Husky's incident report, released by the Saskatchewan government, said the leak started on July 20 at 8 p.m. CST in the western province.

  • At an event in Los Angeles, Jia promised "disruptive pricing" reminiscent of how it bundles video subscriptions with smartphone and smart TV purchases in China. Vizio is based in Irvine, California, and has been the No. 2 TV brand in North America behind Samsung for the past seven years, according to research firm IHS Markit. Vizio founder and CEO William Wang will...

  • *Demise of BHS "the unacceptable face of capitalism". LONDON, July 25- Retail tycoon Philip Green's greed and disregard for corporate governance led to the demise of BHS and cost 11,000 jobs, a report by British lawmakers said, calling the collapse of the stores group "the unacceptable face of capitalism". Billionaire Green, 64, owned BHS for 15 years before he sold the...

  • NEW YORK, July 25- Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a protracted sale process for the fading Web pioneer. The purchase will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, as it gains...

  • NEW YORK, July 25- Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a lengthy sale process for the fading Web pioneer. "Yahoo gives us scale that is what is most critical here, Marni Walden, who is head of product innovation and new...

  • July 25- Verizon Communications Inc said Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer. The Alibaba and Yahoo Japan investments are worth about $40 billion, while Yahoo had a market value of about $37.4...

  • *Demise of BHS "the unacceptable face of capitalism". LONDON, July 25- Retail tycoon Philip Green's greed and disregard for corporate governance led to the demise of BHS and cost 11,000 jobs, a report by British lawmakers said, calling the collapse of the stores group "the unacceptable face of capitalism". Billionaire Green, 64, owned BHS for 15 years before he sold the...

  • LONDON, July 25- Retail tycoon Philip Green's greed and disregard for corporate governance led to the demise of BHS and the loss of 11,000 jobs, a joint parliamentary committee said, calling the collapse of the British stores group "the unacceptable face of capitalism." Billionaire Green owned BHS for 15 years before he sold the loss-making chain of 180 stores to...

  • July 23- Tesla Motors Inc and SolarCity Corp have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said. The two companies, which count billionaire Elon Musk as a major shareholder, are in the final stages of carrying out due diligence on each other, and could agree on the...

  • Jeff Bezos

    Bloomberg's billionaire index shows Buffett lost more than $754 million Thursday, thanks to a slide in shares of his company.

  • A deal would boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well other assets such as search, mail, messenger and real estate. Bloomberg News, which reported earlier that Verizon was nearing an agreement to buy the Yahoo assets, cited an anonymous source...

  • NEW YORK— A rough day on Wall Street for Warren Buffett means Amazon's Jeff Bezos is now the third richest person in the world. Bloomberg's billionaire index shows Buffett lost more than $754 million Thursday, thanks to a slide in shares of his company, Berkshire Hathaway. Bezos lost $136 million, but at the end of the day Bloomberg said his $65.1 billion net worth...