BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri made a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...» Read More
While Washington bickers over whether to raise taxes on the rich, the truth is, taxes on the richest Americans are already at their highest in decades.
Las Vegas Sands said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
Groupon's Andrew Mason, a man once valued at more than $1 billion, was canned last night. Gene Munster, Piper Jaffray; CNBC's Robert Frank; and Jeffrey Sonnenfeld, Yale, discuss.
CNBC's Robert Frank reports on the decline in Andrew Mason's wealth.
Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.
Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.
Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.
"Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.
New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.
The richest Americans pay to influence U.S. policy toward cost cutting to benefit themselves, said a new study. But they could also be doing the right thing for the economy.
Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
Silvio Berlusconi's resurgence and the rise of a foul-mouthed populist comedian have thrown Italy's weekend election wide open, with deep uncertainty over whether the poll can produce a positive outcome.
DataDirect CEO Alex Bouzari discusses the cloud computing industry, and what he has planned for his business this year.
Dennis Tito, who paid a reported $20 million for a ride on a Russian spacecraft, is said to be backing a privately funded, possibly manned, shot at Mars.
Just three months after Hong Kong rolled out a tough new round of property cooling measures, home prices have again climbed to record highs with demand unusually strong for new flats.
Mark Zuckerberg, Sergey Brin and Yuri Milner are teaming up to create the biggest award for real-life science research. CNBC's Jon Fortt has the details.
Mark Zuckerberg, Sergey Brin and Yuri Milner are launching a new foundation with designs on the Nobel Prizes, with CNBC's Jon Fortt.
Harvard leads all universities with some 52 billionaire alumni with a collective fortune of $205 billion, according to a global list of universities.
Billionaire investor Dan Loeb is trimming back his position in Herbalife, reports CNBC's Scott Wapner.
American millionaires say they are better off than they were at their 2007 peak.