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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.

DFM has a new chairman

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim. The ruler of Dubai had appointed Essa Kazim to the position of chairman of the bourse operator Dubai Financial Market.


Latest News

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.
Indianapolis Colts receiver Reggie Wayne injured his knee, forcing him to leave the game Sunday night against the Broncos.