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Millionaires & Billionaires Billionaires

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...

  • WASHINGTON, Dec 16- With more than 20 nominees now selected, Donald Trump's cabinet appears much like the president-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation. Trump, who says Washington is "broken" and controlled by special interests, has largely eschewed...

  • BOSTON, Dec 16- Fidelity Investments unintentionally boosted BlackRock Inc's prospects as a robo adviser with a small investment in a start-up company that BlackRock bought last year for an estimated $150 million. Morgan Stanley analysts describe how robo advising is an emerging force to provide affordable advice in a $22 trillion wealth pool that...

  • *Stake-building totalled about 800 mln euros- sources. PARIS/ LONDON, Dec 16- Vivendi mandated BNP Paribas and Natixis in an 800 million-euro raid on Mediaset to seize a 20 percent stake in the Italian broadcaster earlier this week, according to two sources close to the matter. The two transactions turned Vivendi into Mediaset's second-biggest shareholder...

  • BOSTON/ SAN FRANCISCO, Dec 16- Apple Inc's board relaxed some rules for director nominations by outside investors but stopped short of broader changes sought by an activist shareholder. At Apple, this debate played out several years ago when billionaire activist investor Carl Icahn successfully urged an increase in share buybacks. Independent shareholder...

  • LONDON, Dec 16- Rupert Murdoch's bid for Britain's Sky is expected to drive traditional European media players to do their own deals to attain the scale they need to compete with online platforms like Netflix for increasingly costly programmes. While Twenty-First Century Fox's offer for Sky is not a done deal, bankers and industry sources expect it will win...

  • LONDON, Dec 16- Rupert Murdoch's bid for Britain's Sky is expected to drive traditional European media players to do their own deals to attain the scale they need to compete with online platforms like Netflix for increasingly costly programmes. While Twenty-First Century Fox's offer for Sky is not a done deal, bankers and industry sources expect it will win...

  • LONDON, Dec 16- Rupert Murdoch's bid for Britain's Sky is expected to drive traditional European media players to do their own deals to attain the scale they need to compete with online platforms like Netflix for increasingly costly programs. While Twenty-First Century Fox's offer for Sky is not a done deal, bankers and industry sources expect it will win...

  • LONDON, Dec 16- Rupert Murdoch's bid for Britain's Sky is expected to drive traditional European media players to do their own deals to attain the scale they need to compete with online platforms like Netflix for increasingly costly programs. While Twenty-First Century Fox's offer for Sky is not a done deal, bankers and industry sources expect it will win...

  • A cautionary tale on education investment flops: Author

    When you try to mix your philanthropy with your investing you tend to do both badly, says Jonathan Knee, "Class Clowns" author talking about his book and the billionaires that got burned investing in for-profit education ventures.

  • NEW YORK, Dec 15- BlackRock Inc plans to lead the next funding round for the startup iCapital Network, which gives individual investors access to private equity funds, hedge funds, and other alternative investments, the two companies said on Thursday. Competitors include Artivest, with backers such as private equity firm KKR& Co and billionaire investor Peter...

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...

  • *Orascom Telecom rebounds in Egypt. DUBAI, Dec 15- Most major Middle Eastern stock markets fell on Thursday after the U.S. central bank raised interest rates but buying by local retail investors lifted Saudi Arabia. The central banks of Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates and Qatar followed the Fed with their own 0.25 percentage point rate hikes...

  • MEXICO CITY, Dec 15- Some Mexican banks are lowering credit card spending limits and raising consumer lending standards in the face of an economic slowdown, rising interest rates and the U.S. election victory of Donald Trump. After a period of robust overall credit growth, Mexican banks are cutting credit card exposure to counter a potential rise in consumer...

  • DETROIT/ SAN FRANCISCO, Dec 14- Three electric-car startups funded by Chinese billionaire Jia Yueting will display vehicles at the giant CES 2017 trade show in Las Vegas next month, and two former executives told Reuters that one of the companies plans to roll out a dozen models through 2026.. They described it as a large, luxury flagship sedan designed to sell for...

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...

  • The following is a list of Republican Trump's selections for top jobs in his administration; all the posts but those of national security adviser, the White House chief of staff, White House director of the National Economic Council and White House strategist require Senate confirmation:. Representative Pompeo, 52, is a third-term congressman from Kansas who...