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Millionaires & Billionaires Billionaires

  • TBILISI, Georgia— Thousands of Georgians have rallied in the capital in support of the country's opposition-minded television station that they suspect is about to be transferred to a more government-friendly owner. Rustavi-2 is Georgia's most popular TV station and the Sunday demonstration on Tbilisi's main avenue attracted people from a wide...

  • BOSTON— Native Americans hope President Donald Trump doesn't forget America's first inhabitants as he promises to put "America first." Five large tribes in Oklahoma— the Cherokee, Chickasaw, Choctaw, Muscogee Creek and Seminoles— have requested a meeting with the New York billionaire during his first 100 days in office so they can talk about ways to advance their...

  • Feb 17- Buyout firm 3 G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3 G-backed Kraft Heinz Co's $143 billion bid for Unilever Plc.. Its investment approach has attracted backers ranging from billionaire investor Warren Buffett, who has helped...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • SACRAMENTO, Calif.— A mortgage services company signed a $225 million settlement with California regulators on Friday to settle allegations it overcharged active-duty military members, was late in providing key information for some civilian borrowers seeking to modify their loans and violated other laws. Florida- based Ocwen Loan Servicing agreed to pay...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • WASHINGTON, Feb 17- President Donald Trump's pledge to bring massive investments in U.S. infrastructure projects showed new signs of life on Friday after lying dormant for weeks, as leading Republican lawmakers said proposals from the administration could be in the offing. He has previously voiced concern over adding to budget deficits with a new injection...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters...

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • Dormant for nearly six years, NASA's Launch Complex 39 A should see its first commercial flight this weekend. The accident prompted SpaceX to whip 39 A into shape sooner than anticipated under its lease with NASA. NASA built 39 A, as it's commonly known, in the mid-1960s for the monstrous Saturn V moon rockets.

  • *Unilever says $50/ shr bid too low. LONDON, Feb 17- Unilever rejected a surprise $143 billion takeover bid from U.S. food company Kraft Heinz Co on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit. A combination of the two multinationals would be the third-biggest takeover in history and the biggest ever acquisition...

  • NEW DELHI, Feb 17- A proposed joint venture between state-owned Steel Authority of India Ltd and ArcelorMittal SA to build an $897 million automotive steel plant in India has hit an impasse, with the two disagreeing on key terms, officials said. India's biggest state-owned steel company and the world's No. 1 producer of the metal signed a deal in May 2015 to set up a...

  • WASHINGTON— President Donald Trump and a leading Republican are highlighting a key fact about labor secretary nominee Alexander Acosta: He has been confirmed three times by the Senate. Acosta's nomination is off to a good start because he's already been confirmed by the Senate three times, "said Sen. Lamar Alexander, R- Tenn., the chairman of the Senate panel that...

  • TOKYO— Global shares slipped Friday following a drop on Wall Street as the stronger dollar sent Japanese issues lower and the arrest of an executive at Samsung weighed on Korean stocks. KEEPING SCORE: France's CAC 40 slipped nearly 0.2 percent to 4,892.25 in early trading, while Germany's DAX fell nearly 0.1 percent to 11,749.78. Britain's FTSE 100 dipped 0.1...

  • MOSCOW— Ukraine's president on Thursday pledged to resume coal supplies from separatist-controlled parts of the country after it was blocked by volunteer battalions, threatening to disrupt the country's power supply. Fighting in Ukraine's industrial east between government troops and Russia- backed rebels has killed more than 9,800 people since April...

  • SEOUL, South Korea— The billionaire heir to Samsung, South Korea's most successful and best known conglomerate, made his second attempt Thursday to block efforts by prosecutors to arrest him on bribery and other charges in connection with a corruption scandal that has engulfed the country's president. A court hearing on whether to issue an arrest warrant for...

  • Samsung Electronics Vice Chairman Lee Jae-yong walked into the Seoul Central District Court without speaking to the pack of reporters. They accuse him of giving bribes worth $36 million to President Park and her long-time friend in order to win government favors for a smooth company leadership transition. The approval would also help bring bribery charges...

  • NEW YORK— U.S. Postal Service investigators raided the legendary Friars Club after club members tipped off federal prosecutors to a possible embezzlement scheme at the place best known for celebrity roasts. Postal Inspection Service spokeswoman Donna Harris confirmed Wednesday that agents served a search warrant earlier this week at the private...

  • LOS ANGELES/ NEW YORK, Feb 15- Charlie Munger, the billionaire vice chairman of Warren Buffett's Berkshire Hathaway Inc, said some of U.S. President Donald Trump's ideas may prove constructive for the country, tempering comments a year ago suggesting that his fellow Republican was not morally qualified for the White House. "Well, I've gotten more mellow," Munger...