Billionaires
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*Battery-swap system to require $50- $100 mln investment. SAN FRANCISCO, June 18- Tesla Motor Inc is marshalling lawyers across the country to prepare for a "multi-front war" against local laws that risk stalling the electric vehicle maker's plan to bypass dealerships and sell directly to consumers.
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While housing inventory is falling throughout the country, it's been falling especially fast in some of the country's richest ZIP codes, creating a mansion shortage.
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MEXICO CITY, June 12- Congressional leaders of Mexico's main parties said on Wednesday they had agreed to hold two special sessions of Congress in July and August to tackle outstanding initiatives, paving the way for key energy and fiscal reforms to move forward in the autumn.
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After halting construction four years ago on their 90,000-square-foot home—called Versailles—just outside Orlando, Fla., David and Jackie Siegel have restarted work.
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LONDON, June 12- Rio Tinto's Simandou mining project in Guinea will miss a 2015 first production target, Guinea's mines minister said on Wednesday, as the two sides hammer out issues including the financing of its costly infrastructure.
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LONDON, June 12- Guinea's mines minister said on Wednesday an estimated 2015 first production date for the portion of the Simandou iron ore deposit held by Rio Tinto would not be met. Fofana was in London with a Guinea government delegation to brief investors on Guinea's mining sector ahead of the G8 summit that will be pushing on transparency.
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I. Dolly Lenz, who has brokered more than $8 billion in deals over 25 years and has long been on the top real-estate deal-makers in New York, is leaving Douglas Elliman Real Estate.
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The departure of precious metals miner Polymetal and steelmaker Evraz after less than two years signals the end- for now- of a move into the major league that had been expected to pave the way for more Russian arrivals.
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NEW YORK-- Icahn Enterprises L.P. is planning an offering to allow investors a chance to buy limited partner interests in the company run by billionaire investor Carl Icahn.
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WASHINGTON, June 11- The Senate Finance Committee on Tuesday approved the nomination of White House chief international economic affairs adviser Mike Froman to be U.S. trade representative, setting the stage for full Senate approval.
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Mexican billionaire Carlos Slim thinks the central banks' easy money is all good, with CNBC's Michelle Caruso-Cabrera.
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CNBC's Michelle Caruso-Cabrera spoke with Mexican billionaire Carlos Slim about why he thinks Mexico is the best place to invest right now. And, Fast Money trader Josh Brown reveals how he's managing his bearish call on Microsoft.
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WASHINGTON, June 11- The Senate Finance Committee on Tuesday approved the nomination of White House chief international economic affairs adviser Mike Froman to be U.S. trade representative, setting the stage for full Senate approval.
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June 11- Forest Laboratories Inc said on Tuesday it will add a representative of Carl Icahn as an independent member to its board, averting a new proxy battle with the billionaire investor. The specialty drugmaker said the appointment of Vincent Intrieri, 56, would expand the board's size to eleven from ten directors.
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June 11- Forest Laboratories Inc said on Tuesday it will add a representative of Carl Icahn as an independent member to its board, averting a new proxy battle with the billionaire investor. The specialty drugmaker said the appointment of Vincent Intrieri, 56, would expand the size of its board to eleven from ten directors.
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The billionaire telecom titan has slipped in rankings of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.
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A group of United Airlines' most frequent flyers, including billionaire investor Tom Steyer, asked the airline to stop blocking climate change actions.
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In an exclusive interview, telecom titan Carlos Slim provides his take on Mexico's regulation of the telecom industry, which could force him to breakup America Movil.
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In an extensive interview with CNBC's Michelle Caruso-Cabrera, billionaire Carlos Sims explains why he is not concerned about new regulations which could force the tycoon to overhaul his telecom business. Slim also comments on his contributions to philanthropy in an effort give back to Mexican society.
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June 11- Japanese mobile operator SoftBank Corp raised its offer for U.S. wireless carrier Sprint Nextel Corp to $21.6 billion for a 78 percent stake as it looks to fend off a rival bid for Sprint by Dish Network Corp, the No. 2 U.S. satellite TV provider. Oct 18- Sprint says it buys more than 50 percent of Clearwire by buying a stake from its founder.
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WASHINGTON, June 10- The Senate Commerce Committee on Monday gave strong bipartisan backing to President Barack Obama's nominees to head the Departments of Transportation and Commerce, sending them to the Senate floor for approval.
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