×

Millionaires & Billionaires Billionaires

  • 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...

  • 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...

  • DETROIT/ SAN FRANCISCO, Dec 14- Three electric-vehicle startups funded by Chinese billionaire Jia Yueting will show off new prototype vehicles at the giant CES 2017 trade show in Las Vegas next month, with one of the companies privately mapping out an ambitious 10- year, 12- vehicle rollout, according to two former executives. On Wednesday, another of the...

  • WASHINGTON, Dec 14- The U.S. oil and gas industry on Wednesday welcomed President-elect Donald Trump's choice of former Texas Governor Rick Perry to head the U.S. Department of Energy, and wasted no time making its first specific request of him: to support increased exports of America's natural gas overseas. Jack Gerard, president of the Washington- based...

  • PARIS, Dec 14- French billionaire Vincent Bollore raised the stakes in his battle with former Italian prime minister Silvio Berlusconi on Wednesday, buying a fifth of Berlusconi's Mediaset broadcaster in a hostile raid that drew the ire of Rome. Italian Industry Minister Carlo Calenda said in a statement that Mediaset operated in a strategic sector, chiming...

  • PARIS, Dec 14- French billionaire Vincent Bollore raised the stakes in his battle with former Italian prime minister Silvio Berlusconi on Wednesday, buying a fifth of Berlusconi's Mediaset broadcaster in a hostile raid that drew the ire of Rome. Italian Industry Minister Carlo Calenda said in a statement that Mediaset operated in a strategic sector, chiming...

  • PARIS, Dec 14- French billionaire Vincent Bollore raised the stakes in his battle with former Italian prime minister Silvio Berlusconi on Wednesday, buying a fifth of Berlusconi's Mediaset broadcaster in a hostile raid that drew the ire of Rome. Italian Industry Minister Carlo Calenda said in a statement that Mediaset operated in a strategic sector, chiming...

  • WASHINGTON, Dec 14- President-elect Donald Trump on Wednesday named former Texas Governor Rick Perry to head the U.S. Department of Energy, handing the job to a climate change skeptic with close ties to the oil industry who once proposed abolishing the department. In a statement from Trump's transition team, the president-elect cited Perry's tenure leading...

  • *China has been investigating auto industry since 2011. President-elect Donald Trump questioned the longstanding U.S. policy of acknowledging that Taiwan is part of "one China." Relying on stable U.S.- China relations for more than 40 years, the companies have ramped up sales in China and developed complex supply chains that feed Chinese-made parts to their...

  • WASHINGTON, Dec 14- President-elect Donald Trump on Wednesday named former Texas Governor Rick Perry to head the U.S. Department of Energy, handing the job to a climate change skeptic with close ties to the oil industry who once proposed abolishing the department. In a statement from Trump's transition team, the president-elect cited Perry's tenure leading...

  • SHANGHAI, Dec 14- In what appeared to be an effort to shore up investor confidence in the beleaguered Chinese yuan, a phalanx of central bank advisers signaled their readiness to defend the currency and said a stabilizing economy will temper future depreciation pressure. Fan Gang, a member of the central bank monetary policy committee told the China Securities...