Billionaires Richard Branson

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  • NEW DELHI— India will ask Britain to extradite business tycoon Vijay Mallya to face charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline, the finance minister said Wednesday. Finance Minister Arun Jaitley said India would begin extradition proceedings once official charges...

  • Orbital's initiative dovetails with an Air Force plan to cut the amount of money it spends on missile storage and support services to $6.5 million in fiscal year 2017 from $17 million this year. The Air Force had no immediate comment on the budget cut proposal and its intentions for the stockpiled missiles. U.S. policy allows the missile rocket motors to be used...

  • *India accounts for 13 pct of global beer mkt, growing fast. MUMBAI, March 17- Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India's largest brewer, three people with direct knowledge of the plan told Reuters. India accounts for 13 percent of world beer consumption, and annual volume...

  • *India accounts for 13 pct of global beer mkt, growing fast. MUMBAI, March 17- Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India's largest brewer, three people with direct knowledge of the plan told Reuters. India accounts for 13 percent of world beer consumption, and annual volume...

  • Virgin America connects Silicon Valley to Denver

    Sir Richard Branson, Founder of the Virgin Group, and David Cush, President & CEO, Virgin America, talk about the state of the airline industry as they launch a new route connecting Silicon Valley to Denver's "Silicon Mountain."

  • Sir Richard Branson poses in front of an aircraft at Perth Airport on May 7, 2013 in Perth, Australia.

    Virgin Group empire founder Richard Branson is, if nothing else, willing to take risks.

  • A rendering of Planetary Resources' prospectors using optical communication lasers to analyze the surface of an asteroid.

    The co-founder of Planetary Resources reveals plans to harvest the cosmos for resources humanity needs — water, precious metals and diamonds.

  • KENT, Wash., March 8- Jeff Bezos' space company Blue Origin expects to begin crewed test flights of its reusable suborbital New Shepard vehicle next year and begin flying paying passengers in 2018, Bezos told reporters on Tuesday. "We'll probably fly test pilots in 2017, and if we're successful then I'd imagine putting paying astronauts on in 2018," Bezos said at...

  • KENT, Wash., March 8- Jeff Bezos' space company Blue Origin expects to begin crewed test flights of its reusable suborbital New Shepard vehicle next year and begin flying paying passengers in 2018, Bezos told reporters on Tuesday. "We'll probably fly test pilots in 2017, and if we're successful then I'd imagine putting paying astronauts on in 2018," Bezos said at...

  • LONDON, March 8- Some of London's brightest financial technology talents have begun weighing a future elsewhere, worried Britain will lose its hard-won position as an industry hub if it opts out of the European Union in four months. But as a June 23 referendum on British membership in the EU nears, the industry is worried London will lose momentum and its...

  • CAPE CANAVERAL, Fla., Feb 24- Venture capital groups invested $1.8 billion in commercial space startups in 2015, more than in the last 15 years combined, a report by aerospace consultants the Tauri Group shows. The investors include Microsoft Corp's Bill Gates, Amazon.com Inc's Jeff Bezos, Alphabet Inc's Larry Page, Dish Network Corp's Charles Ergen, Microsoft...

  • Richard Branson: Enormous respect for Apple

    Richard Branson, Virgin Group Founder, weighs in on Apple vs. FBI.

  • Richard Branson unveils new Virgin galactic spaceship

    Richard Branson, Virgin Group Founder, explains in detail his initiative to give people the chance to travel to space.

  • Virgin Galactic unveiling new spaceship

    The spaceflight company unveils its latest shuttle designed to bring tourists on sub-orbital space flights.

  • LONG BEACH, Calif., Feb 18- Richard Branson said on Thursday his Virgin Galactic venture is eager to rejoin the race among rival billionaire entrepreneurs to send passengers and satellites into space, following a deadly accident 16 months ago. On Friday, Virgin Galactic plans to unveil its new SpaceShipTwo, a six-passenger, two-pilot winged space plane designed...

  • DUBAI, Jan 25- Abu Dhabi state fund Aabar Investments is seeking to borrow $2.5 billion from banks to refinance a loan coming due in April, sources aware of the matter said on Monday. Aabar, with stakes in companies including UniCredit, Dubai- listed builder Arabtec and Richard Branson's Virgin Galactic, declined to comment. It has since kept a lower profile as it...

  • Bubbles in Silicon Valley: Branson

    CNBC's Andrew Ross Sorkin talks to Virgin Group's Sir Richard Branson, about oil prices, the space race and unicorn bubbles.

  • "Driving down the cost of the launch, which is the single greatest barrier to entry for the startups and the investors... makes much more viable," said Jeff Matthews, director of venture strategy and research at the Space Frontier Foundation, a space advocacy nonprofit. Rocket companies including Richard Branson's Virgin Galactic have also had catastrophic...

  • Tim Cook

    These 10 social media savvy CEOs are ruling Twitter, garnering the most retweets and likes on the platform in 2015, according to CrowdTangle.

  • PARIS, Dec 6- Heads of companies including Unilever and Virgin Group urged a Paris summit on Sunday to get on track to limit temperature rises to the lowest possible level by setting a goal of phasing out fossil fuel use by 2050.. Last month, they called on the Paris summit, held on Nov. 30- Dec. 11, to set a goal of cutting greenhouse gas emissions to "net zero" by 2050, by...

Small Business

  • Republican presidential candidate Donald Trump and John Kasich

    A win by Gov. John Kasich in Ohio would stall Donald Trump getting a majority of delegates. What the state's economy tell us.

  • Shoppers chose from organic fruits and vegetables at a supermarket.

    Daily Table is on a mission to sell healthy food so cheap it can compete with fast food.

  • Aicheria Bell is taking on hair-braiding licensing laws in Iowa.

    Small businesses are taking on regulations, as government red tape has intensified. From "cookie bans" to hours of work training, the list of rules is long.