Happy Thursday. No tapering allowed here, at least for today.» Read More
WASHINGTON-- President Barack Obama announced a new initiative at the National Institutes of Health in pursuit of a cure for HIV, saying his administration is redirecting $100 million into the project to find a new generation of therapies.
BELLEVUE, Wash., Nov 19- Chairman Bill Gates said on Tuesday he was pleased with Microsoft Corp's progress in finding a new chief executive but outlined the difficulties in picking the next leader of the world's largest software company as it seeks to reinvent itself as a mobile computing power.
BELLEVUE, Wash., Nov 19- Microsoft Corp Chairman Bill Gates said on Tuesday he was pleased with the software company's progress in finding a new chief executive and that the search committee had spoken to a number of candidates, but did not give a date by which he expected a new leader to replace the retiring Steve Ballmer.
BELLEVUE, Wash., Nov 19- Microsoft Corp Chairman Bill Gates said on Tuesday he was pleased with the software company's progress in finding a new chief executive and the search committee had spoken to a number of candidates, but he did not give a date by which he expected a new leader to replace the retiring Steve Ballmer.
NEW YORK, Nov 5- Microsoft Corp has narrowed its list of external candidates to replace Chief Executive Steve Ballmer to about five people, including Ford Motor Co chief Alan Mulally and former Nokia CEO Stephen Elop, according to sources familiar with the matter.
NEW YORK, Nov 4- Carl Icahn's publicly traded investment vehicle, Icahn Enterprises L.P., reported strong third-quarter results on Monday and the billionaire said now is the best time ever to be an activist investor. Shares of Icahn Enterprises, in which Icahn owns an 89 percent stake, jumped 6.5 percent on Monday to $108.78 and are up 145 percent in 2013..
NEW YORK, Oct 31- Bill Gross, manager of the world's largest bond fund, urged fellow members of the "privileged 1 percent," earning the highest incomes, to support higher U.S. taxes on carried interest and capital gains to help the economy.
President Barack Obama has been bumped off the top spot of Forbes' ranking of the world's most powerful people.
SEATTLE, Oct 28- Proxy advisory firm Glass Lewis has recommended that Microsoft Corp shareholders vote against the re-election of lead independent director John Thompson, who is in charge of the company's efforts to find a new chief executive.
Eike Batista declared in 2011 that he would soon become the richest man in the world. Instead, he may become known for the largest personal-wealth loss.
Eike Batista's OGX—the cornerstone of his short-lived mining, energy and shipping empire—is expected to file for bankruptcy as early as this weekend.
Microsoft earnings beat 3Q estimates. Rick Sherlund, Nomura Securities, says "things have not changed radically in the PC market; they're just a little less bad."
Is Carl Icahn using his time and money wisely, and can he really affect change at Apple? The "Fast Money" traders share their opinions.
Oct 24- "Bond King" Bill Gross, co-chief investment officer of PIMCO, butted heads on Thursday with billionaire investor Carl Icahn, telling Icahn to leave Apple Inc alone after he again urged the iPhone maker to initiate a tender offer to buy back $150 billion of its shares.
Oct 24- Bill Gross, the co-chief investment officer at bond giant Pimco, lambasted billionaire investor Carl Icahn on Thursday for his involvement in Apple Inc's strategy, but he failed to elicit an equally biting response from the veteran activist. Gross said on Twitter: "Icahn should leave# Apple alone& spend more time like Bill Gates.
Oct 24- Billionaire investor Carl Icahn fired his latest salvo at Apple Inc Chief Executive Tim Cook on Thursday, urging the iPhone maker again to initiate a $150 billion buyback through a tender offer- but pledging to keep his own stock out of it.
Oct 24- Billionaire investor Carl Icahn, in a public letter to Apple Inc. Chief Executive Tim Cook on Thursday, urged Apple to start an immediate tender offer of $150 billion.
Traffic to Barajas airport has dropped as Spain's economic crisis cut domestic tourism and business travel. Investment bank Lazard and Spain's N +1 brokerage are helping with a search for investors for a public launch of at least 49 percent of Aena, which operates 46 Spanish airports and London's Luton, and has stakes in 14 Latin American airports.
Bill Gates has made a big bet on the recovery of Spain's construction sector by becoming the second-largest shareholder in FCC, reports CNBC's Michelle Caruso-Cabrera.
Juan Bejar Ochoa, CEO of FCC, discusses Bill Gates' announcement that he has taken a stake in the company, and how it has improved liquidity.