Billionaires
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MEXICO CITY/ RIO DE JANEIRO, May 19- Foreign investors flocked back to Brazil in early 2013, prompting the strongest stock market inflows in more than two years, but massive bets on share price falls suggest no change in sentiment towards Latin America's largest economy.
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WASHINGTON, March 1- President Barack Obama, who said just days ago that he had no interest in playing a "blame game," spent much of a news conference on Friday pointing fingers at Republicans after last-ditch talks with congressional leaders failed to avert automatic spending cuts from kicking in later in the day.
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Groupon's Andrew Mason, a man once valued at more than $1 billion, was canned last night. Gene Munster, Piper Jaffray; CNBC's Robert Frank; and Jeffrey Sonnenfeld, Yale, discuss.
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Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.
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The company was a diversified media outfit 10 years ago, owning eight television stations; two radio stations; 16 newspapers in addition to the New York Times, the Boston Globe and the International Herald Tribune; and a slew of websites.
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Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.
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ROME, Feb 28- Italy's electoral earthquake seems to have condemned the country to the thing it needs least- a short-term government and new elections in as little as six months or a year.
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Feb 28- Tax "loopholes," as President Barack Obama and the Democrats call them, are at the heart of a political battle over the $85 billion in across-the-board federal spending cuts to kick in on Friday if Congress does not act.
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ROME, Feb 27- An Italian political crisis that has rattled the euro zone deepened on Wednesday when two party leaders ruled out the most likely options to form a government and avoid a new election.
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Island Air, a Honolulu- based carrier with a handful of island-hopping planes and about 245 employees, will not make any staff changes as part of the sale and will continue normal operations, the company said. Ellison has acquired Island Air. He has the vision and resources to literally take Island Air to new heights, "said Les Murashige, Island Air president.
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Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.
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Feb 26- Cablevision Systems Corp has accused Viacom Inc in an antitrust lawsuit of forcing it to pay for more than a dozen low-rated cable networks in order to get access to Viacom's more popular channels such as Nickelodeon, MTV and Comedy Central.
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NEW YORK, Feb 26- Australian mining entrepreneur Clive Palmer on Tuesday unveiled blueprints for Titanic II, a modern replica of the doomed ocean liner, although he stopped short of calling the vessel unsinkable.
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NEW YORK, Feb 26- Australian mining entrepreneur Clive Palmer on Tuesday unveiled blueprints for Titanic II, a modern replica of the doomed ocean liner, although he stopped short of calling the vessel unsinkable.
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Feb 26- New York- based cable operator Cablevision Systems Corp said it filed an antitrust lawsuit on Tuesday alleging that Viacom Inc forced it to pay for 14 cable networks it did not want as a condition of carrying the media company's more popular channels such as Nickelodeon, MTV and Comedy Central.
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"Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.
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New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.
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By Barry Moody and James Mackenzie. ROME, Feb 25- A huge protest vote by Italians enraged by economic hardship and political corruption left the euro zone's third-largest economy facing a dangerous vacuum on Monday after an election in which no group won enough votes to form a government.
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Feb 25- Barnes& Noble Inc said its chairman, Leonard Riggio, plans to make an offer for the company's bookstores, a deal that would result in splitting them off from the company's Nook device and e-book business, which has been losing ground to Amazon.com.
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Feb 25- Barnes& Noble Inc said its chairman, Leonard Riggio, plans to make an offer for the bookseller's retail business, a deal that would result in splitting off the traditional book business from the company's Nook devices, which have been losing ground to Amazon.com' s Kindle.
