Nelson Mandela embraced free markets, but thought that "with great wealth comes great responsibility," Sir Richard Branson tells CNBC.» Read More
Australia's Virgin Blue Holdings said on Monday its new airline, V Australia, planned to start daily flights between Sydney and Los Angeles from December.
The U.S. Federal Reserve and European Central Bank announced plans to pump more funds into troubled money markets to give banks enough cash to tide them through a year-end squeeze.
A consortium led by Richard Branson's Virgin Group has been picked as the preferred bidder to rescue Northern Rock and plans to repay 11 billion pounds ($22.6 billion) quickly to the Bank of England.
Virgin Group, controlled by entrepreneur Richard Branson, is leading a consortium that has submitted a rescue plan for British bank Northern Rock that would inject a "substantial cash sum," it said on Friday.
Virgin Mobile USA -- a venture of Sprint Nextel and billionaire Richard Branson's Virgin -- on Tuesday filed for an initial public offering worth up to $467.5 million, earmarked for repaying debts and general purposes. Virgin, which sells mobile services to young people who pay for phone calls in advance, expects to price 27.5 million Class A common shares at $15 to $17 per share.
Like the Ansari X Prize, which was claimed in 2004 by aircraft designer Burt Rutan and financier Paul Allen for a pair of flights by SpaceShipOne, the Google Lunar X Prize is open to private industry and non-government entities worldwide.
Who doesn’t want to be Sir Richard Branson? Today, though, he may have bitten of more than his beknighted mouth can chew. I wish him well in starting a new airline based in San Francisco, Virgin America. He will need luck. Folks, if you’ve ever flown in or out of San Francisco, you know what I'm talking about—the bitter resentment growing in your belly as the fog settles in once more and delays your flight for two hours.
Maverick airline Virgin America plans to begin selling tickets Thursday, giving travelers their first chance to book a trip on planes equipped to pamper passengers even when they aren't flying first class.
Richard Branson is willing to buy back Singapore Airlines' 49 percent stake in his airline, Virgin Atlantic, London's Times newspaper reported.
U.S. small business optimism edged higher in November as manufacturers led a gain in newly created jobs on Main Street.
With the holiday-shopping countdown on, see a list of 10 cool gift ideas—from men's suit jackets to hand-forged copper bowls. And all American-made.
From unique pop-up stores to online marketplaces, shoppers this holiday season have more choices for "Made in USA" goods.