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  • ATLANTA— The Republican Governors Association and its Democratic counterpart were the dominant players in making donations to pay for state-level elections in 2014. The two groups often served as pass-throughs for billionaires, unions and corporations seeking influence in statehouses nationwide. The RGA, which helped the GOP grow its roster of...

  • WASHINGTON, Jan 27- Rick Perry's farewell speech to the Texas legislature listed the accomplishments expected from an outgoing Republican governor of the country's largest oil-producing state. "We have expanded our economy while protecting our environment," said Perry, who is openly exploring a second White House run in 2016.. Conservative political...

  • WASHINGTON, Jan 27- Rick Perry's farewell speech to the Texas legislature listed the accomplishments expected from an outgoing Republican governor of the country's largest oil-producing state. "We have expanded our economy while protecting our environment," said Perry, who is openly exploring a second White House run in 2016.. Conservative political...

  • But for all the flurry of activity in the GOP race, set off last month by former Florida Gov. "I don't think there's this rush that everybody's trying to create here," said Fred Malek, a longtime GOP donor and finance chairman of the Republican Governors Association. "It seems like there needs to be a little more clarity of who's running before people make commitments,"...

  • CAPE CANAVERAL, Florida— NASA expects to save millions of dollars sending astronauts to the International Space Station, once its commercial crew program starts flying in a couple of years. SpaceX and Boeing said Monday that they are on track to carry out their first manned test flights to the space station in 2017. NASA chose the two private companies last...

  • Soros eyes investing in auto dealer groups -report Monday, 26 Jan 2015 | 10:48 AM ET

    DETROIT, Jan 26- Billionaire financier George Soros wants to invest in or buy a large automotive dealership group, potentially following in the footsteps of Warren Buffett, Automotive News reported. Two representatives of Soros Fund management, which Soros chairs, attended the National Automobile Dealers Association convention in San Francisco over the...

  • Jan 26- AT&T Inc said it will buy bankrupt NII Holdings Inc's wireless business in Mexico for $1.875 billion, less outstanding net debt. NII Holdings, the parent of Nextel operators in Latin America, filed for bankruptcy protection in the United States in September after struggling with $5.8 billion in debt and fierce competition in Brazil and Mexico.

  • LONDON, Jan 25- The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers. Traditionally focused on companies and institutions, investment banks are hiring staff and reorganising teams to cater to wealthy clans, from Chinese multi-millionaires to old world dynasties in Europe and the United States.

  • Elon Musk's SpaceX drops lawsuit against Air Force Saturday, 24 Jan 2015 | 12:17 PM ET

    WASHINGTON— A private spacecraft company run by billionaire Elon Musk has dropped a lawsuit alleging the U.S. Air Force improperly awarded a contract to launch military satellites to a joint venture between Boeing and Lockheed Martin. Musk's SpaceX filed the lawsuit in the U.S. Court of Federal Claims in April after Boeing Co. and Lockheed Martin Corp. landed...

  • GRANTS PASS, Ore.— Fresh off a victory in Washington state, a leading gun control group backed by billionaire Michael Bloomberg is hoping to make Oregon its next prize in a campaign to require gun sales to go through universal background checks. Part of that was devoted to strengthening the Democratic majority in the state Senate, the key battleground.

  • LISBON, Portugal— The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19- country euro alliance. The ECB plans to pump more than 1 trillion euros in new money into the region's economy. —Mario Polegato, billionaire chairman of Italian shoe company Geox SpA:.

  • Hedgie billionaire sues fashion designer for $50M Friday, 23 Jan 2015 | 6:41 PM ET
    Moore Capital Management LP CEO Louis Bacon speaks to an attendee during the Dubin Breast Center Gala in New York, Dec. 12, 2011.

    Hedge fund manager Louis Bacon accused Peter Nygård of orchestrating an "obsessive and malicious" smear campaign against him for 4-1/2 years.

  • NEW YORK, Jan 23- The billionaire hedge fund manager Louis Bacon has filed a $50 million defamation lawsuit against the Canadian fashion designer Peter Nygård, escalating a long-running battle between the owners of neighboring properties in an exclusive gated community in the Bahamas. Nygård "caused these brazen lies to be published with actual malice and...

  • Atlantic City vs Detroit: Who is better off? Friday, 23 Jan 2015 | 5:22 PM ET

    Jan 23- "At least we're not Detroit," Atlantic City's Mayor joked just last week during his state of the city address. Yet by some measures, Atlantic City is in worse shape than Detroit, with which it shares such traits as a high poverty rate. While the Motor City's Big Three automakers emerged from crisis by the time Detroit was being restructured, Atlantic City's...

  • LAS VEGAS— Las Vegas Sands CEO Sheldon Adelson will take the same title at his company's subsidiary in Macau, Asia's gambling mecca near Hong Kong. Las Vegas Sands owns the Venetian and Palazzo on the Las Vegas Strip, as well as properties in Macau and Singapore. Las Vegas Sands President Robert Goldstein has been appointed interim president of Sands China.

  • HONG KONG— Hong Kong billionaire Li Ka- shing's flagship company said Friday it's offering about $15 billion for the British business of European mobile phone operator Telefonica. Hutchison Whampoa Ltd., which already owns British mobile operator Three, said in a statement that it has been in "exclusive negotiations" with Telefonica SA over the past several...

  • NEW YORK, Jan 22- Billionaire investor Carl Icahn, whose portfolio is stocked with oil companies, said on Thursday that he expects the price of oil to fall further before it recovers on increased demand. Icahn said he placed the currency bet about 2-1/ 2 to three years ago, when one euro bought about $1.28 U.S. dollars. While one euro bought as many as $1.3992 U.S. dollars...

  • Jan 22- Activist investor Carl Icahn nominated two directors to USA Today publisher Gannett Co Inc's board and pushed for changes in the company's corporate governance practices. Gannett's shares rose as much as 3.9 percent to $32.58 on the New York Stock Exchange. Gannett said in August it would separate its slow-growing print operations, including USA...

  • UPDATE 1-Icahn nominates two directors to Gannett board Thursday, 22 Jan 2015 | 10:00 AM ET

    Jan 22- Activist investor Carl Icahn nominated two directors to USA Today publisher Gannett Co Inc's board and pushed for changes in the company's corporate governance practices. Gannett said in August it would separate its slow-growing print operations, including USA Today, from its TV and digital properties. Icahn, who owned about 6.6 percent of Gannett as...

  • SAN FRANCISCO, Jan 21- EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year. The jobs will be cut across the marketplace, payments and enterprise divisions, eBay said on Wednesday...