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Treasury Secretary says shutdown must never happen again

Jack Lew, Secretary of the Treasury, said a government shutdown must not happen again. US Treasury Secretary Jack Lew said the US must not go through another government shutdown.


Caesars' exit in Boston casino project flabbergasts billionaire Steve Wynn

The exit of Caesars Entertainment from a casino project has shocked billionaire Steve Wynn. Wynn Resorts billionaire founder Steve Wynn told reporters that he was flabbergasted at the pull out of Caesars Entertainment Corp in a Boston casino project.

Icahn's shares are off-limits in Apple stock buyback plan

Billionaire investor Carl Icahn's letter to Apple Chief Executive Tim Cook published on Thursday indicated that Icahn would be witholding his shares from his proposed stock buyback program.

Branson remembers emotional USD1 billion exit from Virgin Records

Virgin Records founder Sir Richard Branson recalled having great regret on selling his record company to fund his then-new Virgin Airlines venture.


Latest News

Kevin Spacey was among the few personalities thanked by billionaire investor Carl Icahn for the performance of video streaming company Netflix Inc on the stock market.
Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.
A Bloomberg report predicted that billionaire Carlos Slim could invest in telecom companies in Europe and Brazil after his botched buyout of Dutch telecom company Royal KPN NV.
Michael Vick of the Philadelphia Eagles was ranked as the most-disliked player of the National Football League for 2013.
Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
Reebok North America President Uli Becker would be leaving his post as part of a management shakeup.
President Barack Obama caught a pregnant woman while he was making his speech about the Affordable Care Act in the Rose Garden.
New York Times technology writer David Pogue's resignation confirmed Yahoo Inc's new consumer site venture.
Tana Clymer, a 14-year old girl from Oklahoma, found a 3.85-carat diamond at the Crater of Diamonds State Park.
Lane MacDonald would be heading the private equity investments of the Harvard Management Company. Investment veteran Lane MacDonald was promoted to oversee the private equity investments of Harvard Management Company.
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