Steven A. Cohen has received a subpoena to testify before a grand jury in the government's insider trading investigation into his hedge fund, the NYT reports.» Read More
ROME, March 6- Italian centre-left leader Pier Luigi Bersani, under fire for failing to secure victory in last week's election, rallied his party on Wednesday behind a plan to form a minority government backed by populist leader Beppe Grillo.
Not much. In Monaco, the globe's priciest real-estate market, the average home costs more than $5,300 a square foot.
An ambitious venture between Israel's richest man and one of China's biggest carmakers, Qoros, which debuted at the Geneva Motor Show this week, is betting that Europeans will overlook the Made in China sticker and fall for its western DNA.
March 5- An investor group headed by Warner Music owner Len Blavatnik is providing $60 million in financing to Beats Electronics LLC, the company co-founded by music mogul Jimmy Iovine and legendary record producer Dr.
The 123- percent increase of searches from Venezuela was ahead of Brazil in second place with an 81- percent increase, according to the company's Wealth Report, which for the first time tracked users of its website, where homes can cost up to 100 million pounds.
March 5- Dell Inc's largest external shareholder is demanding that the PC maker open its books, signaling it could become more active in opposing founder Michael Dell's proposal to take the company private for more than $24 billion.
AMERICAS: Michael Williams+ 1 646 223 5462. EMEA: Simon Robinson+ 44 20 75425458. ASIA: Bill Tarrant+ 65 6870 3821.
Howard Marks, co-founder and chairman of Los Angeles- based Oaktree Capital, told a conference that investors, in their search for returns, were becoming overly confident while the economic background was still gloomy. Silver Lake partnered with technology billionaire Michael Dell to take his eponymous personal computer maker private for $24.4 billion.
The zeal with which Swiss citizens backed the curbs on executive pay is just the latest sign that Switzerland's relationship with the ultra-wealthy is beginning to change.
SANTIAGO, March 5- Billionaire President Sebastian Pinera's popularity rebounded to 38 percent in February, a near two-year high, on approval of Chile's robust economic growth and foreign policy, pollster Adimark said on Tuesday.
March 5- Dell Inc's largest outside shareholder is demanding the PC maker open its books, signaling that it could become more active in opposing founder Michael Dell's proposal to take the company private.
LONDON, March 5- The BBC's commercial arm said on Tuesday it was examining strategic options for the Lonely Planet travel guides, following a report of a potential sale to an American billionaire.
*PetroChina, Exxon Mobil, Shell seen as possible suitors. HONG KONG/ MUMBAI, March 5- U.S. oil and gas explorer Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20 percent stake in a Mozambique gas field that could fetch $4.5 billion, sources familiar with the matter told Reuters.
Forbes' released its 2013 list of the world's richest people. Art Laffer, Laffer Investments; Chris Kofinis, Former Sen. Manchin's chief of staff; Robert Traynham, Former Santorum aide; Jonathan Golub, UBS, share their opinions.
For the first time since 2000, Warren Buffett didn't make the top three on the annual Forbes Rich list. Randall Lane, Editor, Forbes tells CNBC who ousted Buffett from his third spot.
Forbes' ranking of the world's richest people finds more billionaires than ever before. Randall Lane, Forbes Magazine, weighs in.
CNBC's Scott Wapner reports the billionaire investor plans to put up a slate on the board of Transocean.
While Washington bickers over whether to raise taxes on the rich, the truth is, taxes on the richest Americans are already at their highest in decades.
NEW YORK, March 4- Spain's Amancio Ortega, the co-founder of the Inditex fashion group, leapt over Warren Buffett and France's Bernard Arnault to become the world's third richest person on Forbes' 2013 annual ranking of billionaires, with an estimated net worth of $57 billion.
Las Vegas Sands said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.