A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.» Read More
Days after joining the Romney ticket, Rep. Paul Ryan met with Sheldon Adelson, the casino mogul who has pledged to spend up to $100 million to defeat President Obama, The New York Times reports.
President Obama was once the fundraiser-in-chief. Now, he faces the very real threat of being the first president to be outspent by a challenger.
While Mark Zuckerberg’s daily wealth gyrations may be new, the phenomena of sudden wealth loss is not. It is now part of the world of wealth, where a growing number of personal fortunes are made and lost in the volatile stock market.
Mitt Romney’s carefully tended network of Republican donors has been rendered functionally less important by “super PACs,” through which some wealthy individuals are financing a costly advertising barrage to attack his record, The New York Times reports.