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  • SAN FRANCISCO, May 7- Stanford University said on Tuesday it will no longer use any of its $18.7 billion endowment to invest in coal mining companies, a move aimed at combating climate change that could influence college administrations elsewhere.

  • TOKYO, May 7- SoftBank Corp's billionaire CEO Masayoshi Son said his company would not cash in any of its stake in Chinese online retailer Alibaba when it lists in New York in what could be the largest market debut ever by a technology company.

  • Goldman Sachs supports Steven Cohen with a loan Tuesday, 6 May 2014 | 5:06 PM ET

    Goldman Sachs is still doing business with Steven A. Cohen and extended a loan to the billionaire after his firm, SAC Capital Advisors.

  • TOKYO, May 7- A lawyer for Japan's Universal Entertainment Corp offered to pay a former Universal employee if he retracted a claim that the company had given bribes to advance a Philippine casino project and stopped cooperating with investigators, according to a copy of the proposal seen by Reuters.

  • Goldman Sachs extends loan to Steven A. Cohen Tuesday, 6 May 2014 | 3:41 PM ET

    NEW YORK, May 6- Goldman Sachs Group Inc is still doing business with Steven A. Cohen and extended a loan to the billionaire after his firm, SAC Capital Advisors, pleaded guilty to insider trading. Goldman Sachs Bank USA, the parent of the bank for the ultra wealthy, filed a notice in February with the Connecticut Secretary of State that disclosed the loan.

  • *Uganda does not rule out Eurobond. "There has been a lot of heat and dramatisation," Maria Kiwanuka told Reuters on the sidelines of a Uganda business forum, saying she had no figures for any aid cuts. Analysts have said Uganda has become less dependent on aid for budget support in recent years.

  • Digicel founder Denis O'Brien is worth $5.7 billion, due to his mobile phone network provider in Central America and the Caribbean. In an interview at the Milken Global Conference, the former Bank of Ireland deputy governor describes improved conditions in earthquake-ravaged Haiti, thanks to millions of dollars in multinational corporate investment, more than 3 percent economic growth and a 20 percent boost in tourism.

  • This hedge fund chief made $3.5 billion in 2013 Tuesday, 6 May 2014 | 6:56 AM ET
    David Tepper, founder of Appaloosa Management.

    While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.

  • May 5- Sotheby's and Daniel Loeb on Monday ended their long-running battle and agreed to let to let the billionaire investor and two of his associates join the auction house's board.

  • May 5- TrueCar Inc, which runs a car-pricing comparison website, may be valued at about $1 billion, if its initial public offering is priced at the top end of the expected range. TrueCar, which has received a $30 million investment from Microsoft Corp co-founder Paul Allen's Vulcan Capital, is headed by Scott Painter.

  • Sotheby's to give Third Point three seats on board Monday, 5 May 2014 | 9:46 AM ET

    May 5- Sotheby's said it reached an agreement with Daniel Loeb's Third Point LLC, giving the hedge fund three seats on the auctioneer's board. Under the deal, Sotheby's will also terminate its shareholder rights plan, or "poison pill," at its annual shareholder meeting on May 6.

  • KIEV, May 5- Ukraine's largest bank has temporarily closed branches in separatist-held Donetsk and Luhansk, saying it could no longer carry out cash transactions in regions riddled with crime that could "threaten the lives" of its workers.

  • *Aurizon sees West Pilbara Iron Ore producing from 2017-18. Monday's unsolicited A $1.14 billion offer to take over Aquila Resources Ltd could open up a new Australian iron ore export region to supply Asian steelmakers, by jumpstarting the $7 billion West Pilbara Iron Ore project, half-owned by Aquila.

  • BEIJING, May 5- Wang Jing, the enigmatic businessman behind Nicaragua's $50 billion Interoceanic Grand Canal, shrugs off scepticism about how a little-known entrepreneur can be driving a huge transcontinental project, insisting he's not an agent of the Beijing government.

  • LAS VEGAS, May 2- A Nevada state judge ruled on Friday that a civil lawsuit between Wynn Resorts and Japanese billionaire Kazuo Okada could proceed, rejecting the U.S. government's request to keep it on hold for another six months to protect the identity of witnesses in a criminal probe into Okada's business in the Philippines.

  • TORONTO, May 2- News Corp said on Friday it would buy romance novel publisher Harlequin Enterprises Ltd from Canadian newspaper company Torstar Corp for C $455 million in cash in a move to boost its non-English book publishing.

  • *16,000 square foot penthouse sold at One Hyde Park. LONDON, May 2- London's red-hot property market has struck a new record with the sale of a 140 million pound unfurnished apartment, but even the developer of the opulent building warned that some asking prices in Britain were unsustainable.

  • Gabelli on Bill Ackman-Valeant alliance     Friday, 2 May 2014 | 8:00 AM ET

    Billionaire investor Mario Gabelli told CNBC on Friday the unique arrangement to try to buy Botox-maker Allergan is unfair.

  • May 2- News Corp said it would buy romance novel publisher Harlequin Enterprises Ltd from Canadian newspaper company Torstar Corp to boost its non-English book publishing. News Corp's HarperCollins book publishing unit will be the new home of Harlequin, a publisher of novels aimed at women with titles such as My Fair Billionaire and Expecting the CEO's Child.

  • London sets new record with $237 mln apartment sale Friday, 2 May 2014 | 6:56 AM ET

    *16,000 square foot penthouse sold at One Hyde Park. LONDON, May 2- London's red-hot property market has struck a new record with the sale of a 140 million pound unfurnished apartment, but even the developer of the opulent building warned that some asking prices in Britain were unsustainable.