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Millionaires & Billionaires Billionaires

  • *Warsaw, Prague lead stock rebound on France, up 1.3 pct. BUDAPEST, April 24- Central European assets, mainly stocks and currencies rose on Monday after centrist Emmanuel Macron won the first round of France's elections, taking a big step towards becoming president. Warsaw and Prague led a rebound of stocks, with their indices rising 1.3 percent by 1231 GMT,...

  • *Warsaw leads stock rebound on French vote, up 1.3 pct. BUDAPEST, April 24- Central European stocks and currencies rose on Monday after centrist Emmanuel Macron won the first round of France's presidential elections, taking a big step towards becoming president. Warsaw led a rebound of stocks, with its blue-chip index rising 1.3 percent by 0740 GMT.

  • SAN FRANCISCO— Travis Kalanick, the chief executive of Uber, visited Apple’ s headquarters in early 2015 to meet with Timothy D. Cook, who runs the iPhone maker. It was a session that Mr. Cook then demanded, or Uber’ s app would be kicked out of Apple’ s App Store.

  • NEW YORK— Though perhaps best known as Facebook's No. 2 executive, Sheryl Sandberg is also a mentor, a mother, a billionaire and an author. When her husband Dave Goldberg died suddenly in 2015 while they were vacationing in Mexico, she added "widow" to the list. Her new book— "Option B: Facing Adversity, Building Resilience and Finding Joy," written with psychologist Adam...

  • NEW YORK— New York billionaire Michael Bloomberg urged world leaders not to follow President Donald Trump's lead on climate change and declared his intention to help save an international agreement to reduce carbon emissions. He said there was no political motive tied to last week's release of his new book, "Climate of Hope: How Cities, Businesses, and Citizens...

  • The Uber app on a smartphone by waiting cabs in Barcelona.

    An encounter with Apple showed how Uber CEO Travis Kalanick has pushed risk-taking that's landed his company in hot water, The NYT reports.

  • WASHINGTON— President Donald Trump began promising to "drain the swamp" while campaigning, with his rally crowds often chanting along with him. In October he outlined a few proposals he said would get the drainage started: Clamping down on lobbying, fundraising and even the number of terms lawmakers can serve. Take Marcus Peacock, who served as a senior budget...

  • A drugmaker asked Arkansas officials not to purchase its products for executions months before the state accepted a third-party "donation" of potassium chloride as one of three drugs to use in lethal injections, according to letters obtained by The Associated Press. Fresenius Kabi USA wrote to Department of Correction Director Wendy Kelley and other...

  • WASHINGTON, April 20- President Donald Trump on Thursday launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs and sending shares of some U.S. steel makers up over 8 percent. The unusual step of launching an investigation comes as Trump is pressuring China to do more to rein in an...

  • OSLO, April 20- A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen's Frontline to prevent BW Group from acquiring a major stake in rival oil tanker firm DHT Holdings, DHT said on Thursday. The New York County Supreme Court's decision means that privately-owned BW Group, led by shipping tycoon Andreas Sohmen Pao, can proceed...

  • MOSCOW, April 20- Severstal, one of Russia's biggest steelmakers, said on Thursday its core earnings more than doubled in the first quarter as it benefited from a rebound in metals prices, although the result lagged market expectations. Earnings before interest, taxation, depreciation and amortization totalled $578 million, up from $273 million in the first...

  • MOSCOW, April 20- Severstal, one of Russia's biggest steelmakers, said on Thursday its core earnings more than doubled in the first quarter as it benefited from rebounding metals prices, although its results lagged market expectations. Earnings before interest, taxation, depreciation and amortisation totalled $578 million, up from $273 million in the first...

  • NEW YORK, April 19- Wells Fargo& Co's largest investor, Warren Buffett, has likely already voted his shares to support the bank's recommendations at its contentious annual shareholder meeting next week, a representative told Reuters on Wednesday, which include reinstating most of the board's directors. Wells Fargo, the fourth-largest U.S. bank, has for months...

  • NEW YORK, April 19- Billionaire investor Warren Buffett supports Wells Fargo& Co's management and board of directors, and has likely already voted shares owned by him and and his conglomerate, Berkshire Hathaway Inc, in line with the bank's official suggestions, a representative told Reuters. Wells Fargo's board is facing a threat at a shareholder meeting next...

  • The Hungarian Civil Liberties Union, one of the affected NGOs, said that the law was "devastating." Fidesz claims that some of the NGOs in question, like rights advocate the Hungarian Helsinki Committee and corruption watchdog Transparency International, are "foreign agents" and part of a network financed by billionaire George Soros to influence Hungarian...

  • *Buffett's popularity in China may aid marketing pact. April 17- A real estate brokerage controlled by Warren Buffett's Berkshire Hathaway Inc on Monday announced a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese citizens hoping to buy homes in the United States. Including buyers from Hong...

  • SANTIAGO, April 17- Chile's stock market had its best quarter of growth since the 1990 s in the first three months of 2017, with traders and analysts citing expectations of a return to a conservative, business-friendly government as the key factor. But Chile also benefited from significant tail winds related to expectations of political change, analysts and...

  • April 17- Berkshire Hathaway HomeServices on Monday said it entered a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese buyers looking to purchase homes in the United States. Berkshire Hathaway HomeServices may also be hoping to benefit from Buffett's popularity in China.

  • April 17- In 10 days, the U.S. Federal Communications Commission will lift a ban on telecoms companies engaging in merger talks, and Wall Street is betting on T-Mobile US Inc, Sprint Corp and Dish Network Corp to be the first ones out of the gate. You have to ask yourself whether T-Mobile is going to be as eager to do a deal as Sprint, "said Craig Moffett, an analyst at...

  • WASHINGTON/ BOSTON, April 16- In a White House marked by infighting, top economic aide Gary Cohn, a Democrat and former Goldman Sachs banker, is muscling aside some of President Donald Trump's hard-right advisers to push more moderate, business-friendly economic policies. More than half a dozen sources on Wall Street and in the White House said Cohn has gained the...