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Millionaires & Billionaires Billionaires

  • President-elect Donald Trump plans to nominate Oklahoma Attorney General Scott Pruitt to head the Environmental Protection Agency, a Trump transition team source said on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest bank.

  • WASHINGTON, Dec 7- AT&T Inc's planned $85.4 billion acquisition of Time Warner Inc will increase innovation and bring "better-priced options" to consumers upset by high cable bills, AT&T Chief Executive Randall Stephenson told lawmakers on Wednesday. Senator Al Franken, also a Democrat, expressed the same concern and pressed Time Warner CEO Jeffrey Bewkes on...

  • MEXICO CITY, Dec 7- Billionaire Carlos Slim's Carso and FCC presented a joint bid on Wednesday with Spanish firm Acciona and cash-strapped builder ICA to build the terminal of Mexico City's new $13 billion airport. Reuters reported on Tuesday that the group, which includes Mexican firms Constructora Y Edificadora GIA+ A, Promotora y Desarrolladora Mexicana,...

  • President-elect Donald Trump plans to appoint retired Marine Corps General John Kelly to lead the Department of Homeland Security, a source with knowledge of the matter said on Wednesday. Mattis is a retired Marine general known for his tough talk, distrust of Iran and battlefield experience in Iraq and Afghanistan. He assembled an investor group to buy a...

  • President-elect Donald Trump plans to appoint retired Marine Corps General John Kelly to lead the Department of Homeland Security, a source with knowledge of the matter said on Wednesday. Mattis is a retired Marine general known for his tough talk, distrust of Iran and battlefield experience in Iraq and Afghanistan. He assembled an investor group to buy a...

  • President-elect Donald Trump plans to appoint retired Marine Corps General John Kelly to lead the Department of Homeland Security, a source with knowledge of the matter said on Wednesday. Mattis is a retired Marine general known for his tough talk, distrust of Iran and battlefield experience in Iraq and Afghanistan. He assembled an investor group to buy a...

  • WASHINGTON, Dec 7- AT&T Inc Chief Executive Officer Randall Stephenson told U.S. lawmakers on Wednesday that his company's planned $85.4 billion acquisition of Time Warner Inc would increase innovation, bring "better-priced options" to consumers and "reshape the competitive landscape." "By owning Time Warner content, we will be able to innovate more quickly,...

  • *Ukraine slashed starting price to $200 mln from $500 mln. KIEV, Dec 7- A second attempt to auction Ukraine's state-owned Odessa Portside Plant failed to attract any bids, the State Property Fund said on Wednesday- a major setback for the country's Western-backed push for privatisation and reform. Ukraine is already struggling to convince its international...

  • *Ukraine slashed starting price to $200 mln from $500 mln. KIEV, Dec 7- A second attempt to auction Ukraine's state-owned Odessa Portside Plant failed to attract any bids, the State Property Fund said on Wednesday- a major setback for the country's Western-backed push for privatization and reform. Ukraine is already struggling to convince its international...

  • *SoftBank shares jump 6.2 pct, highest since Aug 2015. NEW YORK, Dec 6- Two of Asia's biggest technology companies said they were looking to expand investment in the United States, as President-elect Donald Trump pushes to bring manufacturing and jobs back home. Billionaire businessman Masayoshi Son, also the head of Japan's SoftBank Group Corp, pledged a $50...

  • NEW YORK, Dec 6- Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win. The investment, announced jointly by Trump and Son in the lobby of Trump Tower in Manhattan, would come from the $100 billion...

  • NEW YORK, Dec 6- The head of Japan's SoftBank Group Corp, which in October set up a $100 billion fund for technology investments, said on Tuesday he would invest $50 billion in U.S. businesses, a move President-elect Donald Trump claimed was a direct result of his election win. The investment announced Tuesday would come from the $100 billion investment fund...

  • LOS ANGELES, Dec 6- Chipotle Mexican Grill Inc, amid activist pressure to revamp its board and revive sales following last year's string of food safety lapses, will "shortly" announce a new slate of directors, founder and co-chief executive Steve Ells said on Tuesday. Billionaire investor William Ackman, who took a nearly 10 percent stake in the burrito chain three...

  • LOS ANGELES, Dec 6- Chipotle Mexican Grill Inc, under activist pressure to revamp its board, expects to make an announcement shortly about a new slate of directors, the burrito chain's founder and co-chief executive said on Tuesday. Billionaire investor William Ackman, who took a nearly 10 percent stake in the beleaguered burrito chain three months ago, wants...

  • LOS ANGELES, Dec 6- Chipotle Mexican Grill Inc expects to make an announcement shortly about a new slate of board members, Steve Ells, the burrito chain's co-chief executive, said at an investor conference on Tuesday. Ells said the beleaguered burrito chain is taking a careful look at existing directors, with an eye toward what can be strengthened.

  • Eight corporate elites who demonstrated the size of their charitable heart through random, minor acts of kindness.

  • SACRAMENTO, Calif., Dec 5- Lawmakers in Democrat-controlled California are already laying the groundwork to fight President-elect Donald Trump's conservative populist agenda. "Immigrants are a part of California's history, our culture, and our society," said Assembly Speaker Anthony Rendon, a Democrat from Los Angeles, responding to Trump's calls to deport...

  • SACRAMENTO, Calif., Dec 5- Lawmakers in Democrat-controlled California are already laying the groundwork to fight President-elect Donald Trump's conservative populist agenda. "Immigrants are a part of California's history, our culture, and our society," said Assembly Speaker Anthony Rendon, a Democrat from Los Angeles, responding to Trump's calls to deport...

  • SACRAMENTO, Calif., Dec 5- Lawmakers in Democrat-controlled California are already laying the groundwork to fight President-elect Donald Trump's conservative populist agenda. "Immigrants are a part of California's history, our culture, and our society," said Assembly Speaker Anthony Rendon, a Democrat from Los Angeles, responding to Trump's calls to deport...

  • SACRAMENTO, Calif., Dec 5- Lawmakers in Democrat-controlled California are already laying the groundwork to fight President-elect Donald Trump's conservative populist agenda. "Immigrants are a part of California's history, our culture, and our society," said Assembly Speaker Anthony Rendon, a Democrat from Los Angeles, responding to Trump's calls to deport...