WILMINGTON, Del.— Trump Entertainment Resorts says a new $20 million pledge by billionaire investor Carl Icahn will give it time to restructure while keeping the struggling Taj Mahal casino open. Trump attorneys said Monday that Icahn's proposal, $15 million more than his previous bankruptcy financing offer, runs through Dec. 31, 2015. The revised plan omits a...» Read More
U.K. soccer team Chelsea have this week sacked their eighth manager in nine years which has lead to criticism from numerous pundits and fans up and down the country. It’s also raised questions about the owner of the team, Roman Abramovich’s style of management and why people would want to work for him.
CNBC's Kate Kelly has the latest details on hedge fund billionaire, Steve Cohen.
Discussing whether tax hikes will stall the economic recovery, with Abigail Disney, Fork Films president; Casey Mulligan, author of "The Redistribution Recession;" and Grover Norquist, Americans for Tax Reform president.
John McAfee, founder of McAfee Anti-Virus, is on the run from police in Belize who want to question him about his neighbor's murder. McAfee speaks to CNBC's Robert Frank & Brian Sullivan about his situation.
Warhol's "Statue of Liberty" sold for $44 million at Christie's auction Wednesday night. CNBC's Robert Frank reports on the trends in art auctions.
Anti-virus software pioneer John McAfee is now firing back, reports CNBC's Robert Frank.
Joanne Johnson, JPMorgan Private Bank, explains what high net worth investors should be doing right now.
Many of the wealthy have become sellers after this election, reports CNBC's Robert Frank.
Jeff Gural, Newmark Knight Frank chairman, explains how raising taxes on the wealthy will improve the nation's fiscal strength.
A new yacht's multimillion-dollar price tag is just the beginning. From fuel to food to crew salaries, costs can easily add up to millions annually to fully operate and enjoy the vessel. Robert Frank breaks it down.
The Star Wars creator's wealth will soar to more than $5.2 billion after Disney purchases Lucasfilms.
CNBC's Robert Frank reports the multi-billion dollar yacht economy is struggling.
New York City officials are taking a closer look at the tax breaks given to two billionaires who bought penthouses at New York City's 90-story "One57" condominium. CNBC's Robert Frank has the story.
Sam Zell, Equity Group Investments chairman, reveals his top commercial real estate investments; where to find emerging market opportunities; his outlook on the U.S. economy; and thoughts on presidential politics.
"Unleash the animal spirits of America, unleash the small businessmen, unleash people like me," said Sam Zell, Equity Group Investments chairman, talking about allowing Americans to "get back to business."
"We are beginning to see the excess flow of capital; we're seeing too much capital chasing too few opportunities," said Sam Zell, Equity Group Investments chairman, talking about the impact of QE3 on real estate and stock markets.
Tax experts say the planned 75 percent tax rate on France's rich will bring in less than hoped, but still may convince the wealthy to relocate beyond the country's borders.
Larry Ellison is one of the richest men in the world. He's worth over $30 billion. But is he spending too much? CNBC's Robert Frank reports.
U.S. regulators are launching an all-out review into how Wall Street uses high-speed trading and how it's impacting the markets and the individual investor, with CNBC's Eamon Javers.
Hong Kong's "playboy tycoon" Cecil Chao has put up a $65 million "marriage bounty" to find a husband for lesbian daughter Gigi, who is already married to her long-time female partner.