By JOSH FUNK AP Business Writer
OMAHA, Neb. June 9, 2012 (AP)
The cost to dine with investor Warren Buffett has apparently spiked in value, with one deep-pocketed bidder forking over nearly $3.5 million during a charity auction.
The annual auction for a private lunch with the Nebraska billionaire closed following a flurry of activity in the final hours Friday night. In the end, the highest bid was a record-breaking $3,456,789.
The auction [...]
German discount supermarket giant Aldi, which has consistently made its owners the richest men in the country, has been taking government subsidies to train employees, it emerged at the weekend.
But weekly magazine Der Spiegel said many details remain shrouded in secrecy even by the government, to protect the commercial interests of Aldi Nord and Aldi Süd—separate but associated companies.
Information officially requested from the Federal Office for Goods Transport (BAG) did [...]
One of Australia’s richest men, Clive Palmer, has unveiled plans for a 21st century version of the Titanic to be built in China, with its first voyage from England to New York set for 2016.
Palmer, a self-made mining billionaire, said he has commissioned state-owned Chinese company CSC Jinling Shipyard to construct Titanic II with exactly the same dimensions as its predecessor.
“It will be every bit as luxurious as the original [...]
In just the last few months, Bidzina Ivanishvili, one of the world’s richest men with an estimated $6.5 billion fortune, hired a small army of PR consultants and lobbyists in Washington, including at least 7 of Washington’s most prominent firms. And though Ivanishvili built his business empire in Vladimir Putin’s Russia, he is, for the moment at least, a man without a country, having renounced his French and Russian citizenship and [...]
But it turns out there may be more than a political payoff.
“Killing the Keystone XL pipeline may help one of the world’s richest men get richer. North Dakota’s booming oil fields will now grow more dependent on a railroad the president’s economic guru just bought,” Investor’s Business Daily write.
“Interestingly, another billionaire, Obama economic inspiration Warren Buffett, stands to benefit from the Keystone XL pipeline delay,” writes IBD in its Nov. [...]
The U.S. searched Iraq for weapons of mass destruction, including smallpox, after the 2003 invasion. None were found. But fears that other rogue states might hold smallpox are part of the reason the U.S. entered into a $433-million contract for an experimental drug. (Carolyn Cole, Los Angeles Times / November 13, 2011)
By David Willman, Los Angeles TimesNovember 13, 2011
Reporting from Washington—
Over the last year, the Obama administration has aggressively pushed a $433-million plan to [...]
(Reuters) – Anti-Wall Street protesters say the rich are getting richer while average Americans suffer, but the group that started it all may have benefited indirectly from the largesse of one of the world’s richest men.
There has been much speculation over who is financing the disparate protest, which has spread to cities across America and lasted nearly four weeks. One name that keeps coming [...]
The actor also sues on behalf of the “Two and a Half Men” cast and crew, and asks for punitive damages
Charlie Sheen filed a $100 million lawsuit against Chuck Lorre and Warner Bros. in Santa Monica Superior Court Thursday.
He’s also suing on behalf of the Two and a Half Men cast and crew, and asking for punitive damages.
STORY: Five things you didn’t know about Chuck Lorre
“Chuck Lorre, one of the [...]