"Redistributive policy leads to inequality. It's just the opposite of what you think," argues Zell.
Former New York Mayor Mike Bloomberg has not declared his candidacy for the 2020 elections, but he has the "mental discipline" to handle possible challenges posed by U.S. President Donald Trump, said former White House official Anthony Scaramucci.
In Monday's wide-ranging CNBC interview, billionaire Buffett also says it's been tough to beat the S&P 500 index.
Buffett says he would support fellow billionaire and former three-term New York Mayor Mike Bloomberg for president.
Armstrong said he would also be open to supporting Mike Bloomberg if he were to run for the White House against President Trump.
Los Angeles Mayor Eric Garcetti ended months of speculation Tuesday evening about his 2020 intentions by announcing he won't enter the ever-growing field of Democratic presidential candidates.
While the Democratic field for 2020 is only beginning to take shape, the year that would have marked King's 90th birthday gives the party's prominent members a valuable opportunity to address race.
Pelosi, who expects to be the speaker of the House when Democrats take power in January, discussed strategy and thanked donors for helping the party triumph last week.
The billionaire and former New York mayor has often identified as a Democrat, but he has previously run for office as a Republican and an independent.
The commitment comes after Bloomberg declared he would be pushing ahead with an $80 million investment to support Democratic candidates.
The development comes on the heels of the billionaire's announcement that he would donate $20 million to a group dedicated to electing Democrats to the Senate.
If civil war erupts in Nicaragua, the U.S. could see tens of thousands of Nicaraguans seeking refuge, shifting the national debate back to border security and immigration reform just as the midterms heat up.
There are 13 races across the country where we expect to see Bloomberg's money make an impact for Democrats in the 2018 midterms.
It's a habit he shares with other billionaires.
Mike Bloomberg has vowed to spend $80 million to help Democrats flip the House in the 2018 midterm elections. That means he could back candidates who don't support Nancy Pelosi's bid to regain the speakership.
Bloomberg advisor Howard Wolfson, a 2008 Hillary Clinton campaign aide and a former head of the Democratic Congressional Campaign Committee, is overseeing the effort.
Just because Trump's gut-level appeals worked among Republicans doesn't mean Schultz could persuade Democrats.
Tobacco giant R.J. Reynolds, which markets best-selling menthol brand Newport, has poured nearly $12 million into opposing the measure.
Big banks, private-equity firms, and national retailers that have vowed to operate with a social conscience could band together to turn Remington into the model of a modern gun company.
Retired Lt. Col. Oliver North, the Marine at the center of the Iran-Contra affair three decades ago, was named president of the National Rifle Association.