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  • NEW YORK, July 16- Billionaire investor Stanley Druckenmiller took another swipe at U.S. central bank policies on Wednesday, warning that continued low interest rates were too risky and could create fresh problems in the years ahead.

  • Museum raises $80M toward Detroit bankruptcy deal Wednesday, 16 Jul 2014 | 4:02 AM ET

    DETROIT— The Detroit Institute of Arts says it has pledges for about 80 percent of the $100 million it promised toward an effort involving the state of Michigan and major foundations to prevent the sale of art and soften cuts to city retirees during Detroit's bankruptcy.

  • Buffett donates $2.8 bln to Gates, family charities Tuesday, 15 Jul 2014 | 4:17 PM ET

    July 15- Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth. About 16.6 million shares, worth more than $2.1 billion, went to the Bill and Melinda Gates Foundation, which focuses on education, health and poverty problems.

  • Investor submits signatures to split California Tuesday, 15 Jul 2014 | 3:04 PM ET

    SACRAMENTO, Calif.— Silicon Valley venture capitalist Tim Draper began submitting signatures Tuesday for a ballot initiative that would ask voters to split California into six separate states, a move he said would create governments that are more manageable and responsive to residents' needs.

  • Controlling around 70 percent of Mexico's mobile market and more than 60 percent of landlines, Slim's America Movil has been blamed for overcharging consumers for patchy service since he bought a former state-run phone monopoly in the early 1990 s.

  • Leon Cooperman's greatest hits     Tuesday, 15 Jul 2014 | 11:45 AM ET

    Legendary hedge fund manager Leon Cooperman's Omega Advisors has $10.7 billion in assets. In this collection of interviews, the Bronx-born, tough-talking, no-nonsense billionaire, shares his favorite stocks; why he really sold GM and his definition of having it all.

  • Mexican president signs law restricting telecoms Monday, 14 Jul 2014 | 8:25 PM ET

    MEXICO CITY— Mexican President Enrique Pena Nieto has signed into law a communications overhaul with tough restrictions on dominant companies in the telephone and television sectors.

  • MEXICO CITY, July 14- Carlos Slim's America Movil said on Monday it will take control of just over half of Telekom Austria in a $1 billion buyout offer, giving the Mexican billionaire a base to build up his presence in European telecoms.

  • July 14- Online payment company MOL Global Inc, majority-owned by Malaysian billionaire Vincent Tan, filed with U.S. regulators on Monday to raise about $300 million in an initial public offering of American Depositary Shares.

  • July 14- Online payment company MOL Global Inc, majority-owned by Malaysian billionaire Vincent Tan, filed with U.S. regulators on Monday to raise about $300 million in an initial public offering of American Depositary Shares.

  • MEXICO CITY, July 14- Mexico's President Enrique Pena Nieto on Monday signed into law new rules for the telecommunications and broadcasting industries that are designed to curb the power of billionaire Carlos Slim's America Movil and broadcaster Televisa.

  • *Generali to book net loss of 100 mln euros from disposal. MILAN, July 14- Brazilian investment bank Grupo BTG Pactual is buying Swiss private bank BSI for a knock-down 1.5 billion Swiss francs, extending an overseas push by the Sao Paulo- based lender.

  • MILAN, July 14- Brazilian investment bank Grupo BTG Pactual is buying Swiss private bank BSI for a knock-down 1.5 billion Swiss francs, extending an overseas push by the Sao Paulo- based lender controlled by billionaire financier André Esteves.

  • Hot travel trends for the uber rich     Monday, 14 Jul 2014 | 6:52 AM ET

    Klara Glowczewska, Town & Country Magaine, discusses this year's top luxury getaway destinations for the very wealthy, including philanthropic travel packages, and visiting "The Brando."

  • Billionaire Elon Musk giving $1M to Tesla museum Friday, 11 Jul 2014 | 7:42 PM ET

    SHOREHAM, N.Y.— The billionaire owner of Tesla Motors is giving $1 million to a New York museum dedicated to preserving its namesake's legacy. The Tesla Science Center announced Elon Musk's donation on what would have been inventor Nikola Tesla's 158th birthday.

  • The lawsuit, filed in U.S. District Court in Manhattan, claims that shareholders suffered losses after Lions Gate, which also produces TV shows such as "Mad Men," on March 13 agreed to pay $7.5 million and admit wrongdoing to settle the probe by the U.S. Securities and Exchange Commission.

  • Shareholders sue Lions Gate over SEC probe Friday, 11 Jul 2014 | 5:53 PM ET
    Carl Icahn

    The lawsuit claims shareholders suffered losses after Lions Gate agreed to pay $7.5 million and admit wrongdoing to settle an SEC probe.

  • *Lumber Liquidators tumbles after revised outlook. NEW YORK, July 10- U.S. stocks dropped on Thursday as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains.

  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • MEXICO CITY, July 9- Mexican telecoms company America Movil plans to divest assets as quickly as possible to escape tougher regulation, and it hopes to sell to a single buyer, spokesman Arturo Elias said on Wednesday.