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  • LOS ANGELES, Oct 30- A push to reform Phoenix's retirement system has become the latest front in a battle between union-backed groups and a Texas hedge fund billionaire over the future of America's public pensions. Hundreds of thousands of dollars, much of it anonymous out-of-state money, has been flowing to backers of a November 4 ballot initiative in Phoenix...

  • NEW YORK/ SEATTLE, Oct 29- Billionaire investors in a small, Seattle- area company that aims to one day mine resources on asteroids have not been deterred by an unmanned rocket explosion that destroyed their test satellite, the company said on Wednesday. Privately held Planetary Resources counts Google Inc Chief Executive and co-founder Larry Page and Chairman...

  • *Fund to apply soon to invest more in China- CEO. OSLO, Oct 29- Norway's $860- billion sovereign wealth fund, the world's largest, booked a flat return in the third quarter as it was dragged down by weak European stocks, foremost among them embattled retailer Tesco. "It is clear that our investment in the British company Tesco has performed particularly poorly in the...

  • DENVER, Oct 29- Green billionaire Tom Steyer vowed to make the November congressional elections about climate change. But NextGen and other green groups are not talking about climate change as much as one would expect. NextGen and other green groups say they're simply doing what it takes to elect the candidates they support.

  • DC (and these states) may go to pot next week Wednesday, 29 Oct 2014 | 7:12 AM ET

    Voters in D.C. and in two states will decide on measures to legalize marijuana.

  • Russian rocket engines suspected in launch blast Wednesday, 29 Oct 2014 | 2:40 AM ET

    NASA is paying billions of dollars to Orbital Sciences and the SpaceX company to make station deliveries, and it's counting on SpaceX and Boeing to start flying U.S. astronauts to the orbiting lab as early as 2017. This was the fourth flight by Orbital Sciences to the orbiting lab. The Orbital Sciences' Antares rocket blew up over the beachside launch complex at...

  • DENVER, Oct 29- Green billionaire Tom Steyer vowed to make the November congressional elections about climate change. But NextGen and other green groups are not talking about climate change as much as one would expect. NextGen and other green groups say they're simply doing what it takes to elect the candidates they support.

  • Supply rocket headed to space station explodes Tuesday, 28 Oct 2014 | 6:40 PM ET

    NASA is paying billions of dollars to Orbital Sciences and the SpaceX company to make station deliveries, and it's counting on SpaceX and Boeing to start flying U.S. astronauts to the orbiting lab as early as 2017. This was the fourth flight by Orbital Sciences to the orbiting lab. The Orbital Sciences' Antares rocket blew up over the beachside launch complex at...

  • TORONTO/ VANCOUVER, Oct 28- Sewing machines hum inside a spacious clothing boutique where the wife and son of Lululemon Athletica Inc's founder hope to capture the retail magic that turned the yogawear maker into a stock market darling. Meet Kit and Ace, the brainchild of billionaire Chip Wilson's wife, former Lululemon lead designer Shannon Wilson, who started...

  • TORONTO/ VANCOUVER, Oct 28- Sewing machines hum inside a spacious clothing boutique where the wife and son of Lululemon Athletica Inc's founder hope to capture the retail magic that turned the yogawear maker into a stock market darling. Meet Kit and Ace, the brainchild of billionaire Chip Wilson's wife, former Lululemon lead designer Shannon Wilson, who started...

  • Health fund extends coverage for Taj Mahal workers Tuesday, 28 Oct 2014 | 10:27 AM ET

    ATLANTIC CITY, N.J.— A joint union-management health care fund is giving two months of extended insurance coverage to workers at Atlantic City's Taj Mahal Casino Resort. Unite Here Health, a fund run jointly by union and casino representatives, said it acted Tuesday due to what it called "unprecedented times in Atlantic City." They include union representatives...

  • Vimpelcom says still exploring deals in Italy Tuesday, 28 Oct 2014 | 7:22 AM ET

    MOSCOW/ MILAN, Oct 28- International telecoms group Vimpelcom said it was exploring possible transactions in Italy but had not reached any deals, following months of reports its Italian unit was seeking a tie-up with Hutchison Whampoa's 3 Italia. No conclusion to these discussions was reached, " Vimpelcom said in a statement to the U.S. Securities and Exchange...

  • The group, in which Mexican billionaire Carlos Slim's America Movil has a 21.4 percent stake, said the improvement was most noticeable in its consumer mobile and business operation, though core profit still fell by 15 percent. It also sold its German business E-Plus to Spain's Telefonica in a deal valued at 8.6 billion euros. The company competes with Vodafone...

  • MEXICO CITY, Oct 27- Mexico's Grupo Elektra said it had settled a legal dispute with the Mexican stock exchange, which the company controlled by billionaire Ricardo Salinas had blamed for causing its share price to slump in 2012.. Elektra said in a statement to the exchange on Monday that an agreement had been approved by a Mexico City court to prevent any change...

  • CNBC.com hot list: Ballmer's b-ball billions     Monday, 27 Oct 2014 | 4:46 PM ET

    CNBC.com Managing Editor Allen Wastler reports inequality worrying the wealthy; Steve Ballmer's LA Clippers; and Wal-Mart's category slip-up are the hottest topics on CNBC.com.

  • Bargains for billionaires     Monday, 27 Oct 2014 | 1:28 PM ET

    One reason why billionaires could be fans of buying sports teams, with CNBC's Josh Lipton.

  • *Pro-Europe, nationalist-leaning assembly will irk Russia. KIEV, Oct 26- War-weary Ukrainians voted on Sunday in an election that is likely to install a pro-Western parliament and strengthen President Petro Poroshenko's mandate to end separatist conflict in the east, but could fuel tension with Russia. People wrapped up warmly on a cold, clear day to vote in the...

  • Oct 24- Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on Friday. "'Designed by Apple in California' has a nicer ring to it than' assembled by workers paid about a dollar per hour, working 11- hour...

  • Oct 24- Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported. "Designed by Apple in California has a nicer ringer to it than assembled by workers paid about a dollar per hour, working 11- hour shifts, and sleeping...

  • NEW YORK, Oct 24- A former portfolio manager who became a key cooperator in a broad U.S. government crackdown on insider trading avoided prison on Friday at her sentencing in New York federal court. Attorney Benjamin Naftalis said Shah offered "remarkable cooperation" that helped lead to the convictions of several individuals and entities, including SAC...