GO
Loading...

Billionaires

More

  • As Wall Street watches Alibaba, stocks drift Friday, 19 Sep 2014 | 12:16 AM ET

    NEW YORK— With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Alibaba gained $25.89 to end at $93.89. Alibaba lined up its initial public offering of stock at $68 a share the day before, raising $21.8 billion from investors.

  • NY developer to invest $108 million in Puerto Rico Thursday, 18 Sep 2014 | 4:43 PM ET

    SAN JUAN, Puerto Rico— Puerto Rico's government on Thursday announced the construction of a $108 million real estate project as the island tries to emerge from a nearly decade-long economic slump with help from U.S. investors.

  • Federal appeals judge: Argentina's bullying a bank Thursday, 18 Sep 2014 | 3:59 PM ET

    NEW YORK— Judges on a federal appeals court panel Thursday said they suspect Argentina has gone rogue, ignoring court orders and bullying a U.S. bank to try to prevent it from obeying a court order.

  • TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.

  • Where to find America's new millionaires     Thursday, 18 Sep 2014 | 6:43 AM ET

    The geography of wealth in America is shifting to the oil/energy states, reports CNBC's Robert Frank, with a look at a new study that shows where the fastest growth of millionaires occurred last year.

  • Bloomberg, Buffett at Detroit small business event Thursday, 18 Sep 2014 | 4:02 AM ET

    DETROIT— More than 60 local business owners graduated Thursday from Goldman Sachs' 10,000 Small Businesses program and were cheered on by some high-profile people— former New York City Mayor Michael Bloomberg, billionaire investor Warren Buffett, Michigan Gov. Rick Snyder and Detroit Mayor Mike Duggan.

  • *Sulzer worth $4.6 bln, Dresser-Rand worth $5.6 bln. Sept 17- Swiss pump maker Sulzer said on Wednesday it is in talks on a potential combination with U.S. compressor and turbine maker Dresser-Rand, a deal that would create a machinery company with a combined market valuation exceeding $10 billion.

  • *DuPont shares up 4 pct. Sept 17- Activist investor Nelson Peltz's Trian Fund Management LP urged DuPont to separate its high-growth businesses from the more cyclical ones, blaming the company's conglomerate structure for its "underperformance."

  • South Africa's richest man Johann Rupert has a track record of leading Swiss-based Richemont through difficult times and his comeback at the company's annual general meeting in Geneva provided some comfort for investors.

  • Russian investigators accused Sistema's Vladimir Yevtushenkov of money laundering late on Tuesday in connection with his company's acquisition of up-and-coming oil producer Bashneft.

  • BERLIN, Sept 17- Oliver Samwer and his brothers Marc and Alexander are on the brink of becoming Germany's newest billionaires with the flotations of Rocket Internet and the European online fashion site Zalando it helped launch in 2008..

  • Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.

  • Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.

  • CAPE CANAVERAL/ WASHINGTON, Sept 16- NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday.

  • Sept 16- Allergan Inc and its suitors Pershing Square Capital Management and Valeant Pharmaceuticals Inc settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date, Dec. 18.

  • UPDATE 4-Alibaba boosts IPO as demand strengthens Monday, 15 Sep 2014 | 5:06 PM ET

    HONG KONG/ NEW YORK, Sept 15- Alibaba Group Holding Ltd raised the price range on its initial public offering to $66 to $68 a share, responding to strong investor demand for what could be the world's largest-ever IPO.

  • Sept 15- Epirus Biopharmaceuticals Inc said India's drug regulator has approved its copy of a top-selling arthritis treatment, paving the way for its launch in the country early next year.

  • AMERICA MOVIL SEEKS AT& T, SOFTBANK BIDS FOR MEXICAN. Sept 15- Mexican telecom company America Movil has reached out to AT&T Inc and Japan's SoftBank Corp as it looks to sell assets along the east coast of Mexico that could fetch as much as $17.5 billion, Bloomberg reported, citing people with knowledge of the matter.

  • STOCKHOLM, Sept 15- Microsoft Corp said on Monday it has agreed to acquire Stockholm- based games developer Mojang and the company's wildly popular Minecraft video game franchise for $2.5 billion.

  • HONG KONG, Sept 15- Alibaba Group Holding Ltd plans to increase the size of its U.S. initial public offering because of "overwhelming" investor demand, people familiar with the deal said on Monday.