J.K. Rowling has been spotted at cafes in Scotland working on a detective novel, a British newspaper reported Saturday.
Just as he is named the world's richest man, the Mexican plutocrat finds his market dominance under new scrutiny
Private equity firm Apollo Management unveiled a $6 billion bid proposal Wednesday for Huntsman Corp., 8 percent higher than a deal accepted by the chemical company last week.
Work hard, take risks, maybe build your own business. That's the traditional route to financial success. Of course, there's another highly traditional path to acquiring wealth that isn't talked about quite as much these days: Marry money.
A bidder agreed to pay $650,100 to have lunch with billionaire Warren Buffett, surpassing last year's record for the annual charity auction.
With one day to go, an online charity auction for the right to dine with billionaire Warren Buffett has fetched a top bid of $300,100, less than half of last year's winning bid of $620,100.
Lunch with Warren Buffett will again prove a costly feast.
In the time it's taken to write this sentence, Research In Motion CEO Jim Balsillie has forgotten more about the art of negotiation than I've ever known. Granted, I pulled a C in the one finance course I took in university, so that's hardly bold praise. But the point is that when it comes to business, the would-be owner of the Nashville Predators is a pretty smart guy.
Mexican telecom owner Carlos Slim Helú has become the world's second-richest man behind Bill Gates, according to a news report Thursday.
From March 18-24 CNN International will combine live broadcasts from New Delhi with a "Town Hall" discussion before a studio audience and reports on the people and the issues shaping India today.
Through four days of new conferences official and in darkened corners during the Lowe's Speedway media tour, the one theme that clearly emerged is the fact that NASCAR has gone global without leaving its own backyard.
There's no question that hedge funds and private equity investments have dominated the business headlines for the last year. But does that mean that individuals are actually flocking to these high-risk, high-return funds?
The wait may almost be over for Harry Potter fans. Author J.K. Rowling announced Thursday the name of the seventh, and final, book in the series about the popular boy wizard.
For the past several years, the hottest thing on Wall Street has been mostly off-limits to Main Street: hedge funds.
HP Chairman Patricia Dunn, who will leave her post after after the company's Jan. 18 meeting, came to the position after a long and well regarded career first at Barclay's Global Investors.
In Idaho's largest city, people prefer to ride their bikes to work. If commuters have to drive, the trip often takes less than 20 minutes. "There is a low hassle factor here," says Tom Hadzor, 42, owner of a local video production company. "You have more time to enjoy life." Boiseans have a lot to enjoy besides biking (and good potatoes): The city boasts 2,700 acres of green space and trails, with the foothills of the Rocky Mountains serving as a backdrop. The downtown is stocked with boutiques and restaurants, and a three-block-long farmers' market comes to town every Saturday in the summer.
Microsoft announced Thursday that chairman and co-founder Bill Gates will transition out of a day-to-day role at the company, effective July 2008, to spend more time working on his charitable foundation.
It might be hard to imagine, but there's more going on in the world of soccer than the World Cup. David Beckham, one of soccer's most popular players, has signed an endorsement deal with Motorola.
The number of billionaires surged this year, as did their collective pile of cash, according to Forbes magazine's annual billionaire list.
Time Warner and Liberty Media are reportedly in talks that could lead to Liberty swapping its shares in the media conglomerate for some of its operating assets, including the Atlanta Braves baseball team.
In his first media interview since announcing that he's leaving the Time Warner board, Ted Turner said he's disappointed to see the company selling some of its assets and not taking enough risks but that he supports management in its fight with financier Carl Icahn.
Boone Pickens got a special tax break when he donated $165 million to the sports program at Oklahoma State University, his alma mater, last year, and the school then turned around and invested the money with Pickens' own hedge fund, according to a published report.
For those whose experience of chocolate extends no further than the occasional box of supermarket pralines and the odd half-melted vending machine candy bar, the creations of Fritz Knipschildt will come as a revelation.
Oracle Corp. CEO Larry Ellison, one of the world's richest men, has managed to run up more than $1 billion in debt, sparking concern from his financial advisor, according to a published report.
(FORTUNE Small Business) - Boone Pickens slips off his bright-orange necktie (he's a proud son of Oklahoma State; the football stadium in Stillwater bears his name), pops open a can of Dr Pepper, e...
Apple Computer Inc. CEO Steve Jobs got a good laugh at the expense of rival Dell Inc., according to a report Monday.
It's pleasingly difficult to remember when Major League Baseball seemed to be in a perpetual state of labor war.
How much money would you need to give everyone in the U.S. $1 million, and still have change left over?
Investment guru Warren Buffett is planning to cooperate on a financial advice book that has prompted a bidding war among publishers eager to land the title, according to a newspaper report Wednesday.
Maria Sharapova was a promising 16-year-old phenom in 2003 when TIME magazine picked her as "Who's Next" in tennis. After making it that year to the fourth round in her first appearance at Wimbledon, the 6-foot-tall, attractive, blond Russian was instantly compared to Anna Kournikova.
The founder of PeopleSoft is seeking permission to build a home that would be larger than the White House, William Randolph Hearst's castle in California or the home of Bill Gates.
So you're thinking about getting a master's of business administration, and you want to know which school is the best for you. With tuition at top-tier schools reportedly up 55 percent in the past ...
Times are tough for business publications, but that isn't stopping Condé Nast Publications from breaking into the market, according to a published report Thursday.
Web media company Yahoo! Inc. is negotiating to acquire a stake in Alibaba.com, China's largest e-commerce company, according to the International Herald Tribune Monday.
Wal-Mart, the world's largest retailer, said Tuesday that it had notified all its employees worldwide of John Walton's death Tuesday in a plane crash.
Wal-Mart heir John Walton died Monday when his ultralight aircraft crashed after taking off from an airport in Jackson, Wyoming, the company announced.
Russian prosecutors have determined that the murder of the editor of the Russian edition of Forbes magazine last summer was ordered by a Chechen man he wrote about in one of his books.
Amerindo Funds Inc., which saw two of its top executives charged with fraud last month, has named a new fund manager for its once high-flying technology fund.
Does Michael Jackson have a future in the music business if he's acquitted in his child molestation trial?
Billionaire financier George Soros has joined one of the groups bidding to purchase the Washington Nationals baseball team, the Washington Post reported Thursday.
Alberto Vilar's nine lives may be through.
Saudi Arabia's King Fahd -- the leader of the world's largest oil-producing nation -- was doing "well" late Friday after being hospitalized earlier in the day, the official Saudi Press Agency said.
A $4 billion bid to buy all the teams of the National Hockey League would group franchises into three different tiers to determine the payout for their current owners, according to a published report.
Ivory-tower academics, watch out: Donald Trump is getting into the education business.
CBS Chairman Leslie Moonves has an unexpected scapegoat for the network's expected No. 2 finish behind rival network Fox in a key ratings fight: New York Yankees reliever Mariano Rivera.
"An IPO? Hmmm. Raise money, you will."
Oracle Chief Executive Larry Ellison recently put his Japanese-inspired Atherton estate on the market for $25 million, according to the San Jose Mercury News.
It could have gone all terribly wrong. Jack Bruce could have passed out during his bass solo. Ginger Baker could have expired amid a flurry of drumsticks. Or the two could have just beaten each other silly right there on stage. All the while guitarist Eric Clapton would be gently weeping in the wings.
Andy Fastow, Sam Waksal, Martha Stewart: Lots of famous names have had their days in court. Now scandal-hunting prosecutors have new targets in their sights. -- Kate Bonamici
Hedge fund managers are using their fortunes to become a major force in the art world, and the leader in that trend is Steven A. Cohen, who has paid top dollar for a collection that includes works by artists from Jackson Pollock, to Edouard Manet to Andy Warhol, according to a published report.
Rupert Murdoch, chairman and CEO of media giant News Corp., has agreed to buy the late Laurance Rockefeller's Fifth Avenue penthouse apartment for $44 million, according to a report published Friday.
LONG BEFORE MERCK WITHDREW Vioxx from the market this fall, a doctor named Eric Topol, the chairman of cardiology at the prestigious Cleveland Clinic, had emerged as one of the drug's chief critics...
While Europe's price war wages between flagship carriers and their budget rivals, some airlines have decided to leave the fray.
With one week down and many more to go, Martha Stewart wrote an open letter to fans from prison that was posted Friday on her personal Web site.
Capitalism is coming to the most successful socialist state the planet has ever known: the National Football League.
Russian prosecutors have issued a blistering response to claims by Moscow police that they have solved the murder of the editor of the Russian edition of Forbes magazine.
Bill Gates can now breathe a sigh of relief.
Microsoft Chairman Bill Gates, the world's richest man, got a modest pay raise over the last year, according to a company filing.
Whenever we run a story on outsourcing, some readers are outraged: "Just wait until your job gets outsourced!" As we started to work on this special global issue, senior editor Damon Darlin made an...
The wife of billionaire businessman Warren Buffett died Thursday of a stroke while she and her husband were visiting friends in Cody, Wyo., a spokesman for Buffett's company, Berkshire Hathaway, told CNN.
The brothers of slain U.S. journalist Paul Klebnikov held lighted candles beside his casket at a service Wednesday at Moscow's main Russian Orthodox cathedral, then prepared to take his body home to New York.
Paul Klebnikov, the editor of Forbes Russia who once penned a critical book on Russian tycoon Boris Berezovsky, was shot and killed as he left work Friday.
Who says you can't achieve fame and fortune with an independent movie, filmed entirely in Aramaic and Latin?
Lawyers for Russian billionaire Mikhail Khodorkovsky have won a delay in his trial on tax evasion and fraud charges.
POP QUIZ: George Bush is to the Texas Rangers what John Kerry is to ________.
The following are profiles of Russia's so-called oligarchs, a group of businessmen who made their fortune following the fall of the Soviet Union.
After three weeks of captivity by Iraqi insurgents, American Thomas Hamill walked free when his guards apparently fled from an approaching U.S. Army patrol, soldiers who found him said Monday.
IKEA founder Ingvar Kamprad insists on flying coach, takes the subway to work, drives a ten-year-old Volvo, and avoids suits of any kind. It has long been rumored in Sweden that when his self-disci...
He's got the money, new fame from his hit reality TV show, and now Donald Trump is getting a wife.
Your kid is cute, precocious, and has that special sparkle in his eyes. He may be 5, but he already knows how to spell H-O-L-L-Y-W-O-O-D.
Is Bill Gates still the world's wealthiest person?
The rags-to-riches rise of the nation's first black billionaire is a great story no matter how you tell it. And The Billion Dollar BET (John Wiley & Sons, $24.95), by Forbes senior editor Brett Pul...
The author of this issue's lead story, on Americans looking for better jobs amid a warming economy, has some recent firsthand experience with the subject. He is Kemp Powers, whom we're pleased to h...
From the big-spending candidates, to the exuberant young campaign workers, to the flood of media people, to the pizza makers and doughnut sellers, to the restaurateurs and hotel operators, a presidential primary campaign means big bucks for New Hampshire.
Democratic presidential hopeful and front-runner Howard Dean raised more than $15 million in the fourth quarter of 2003, his campaign has announced, breaking his previous quarter's total of $14.8 million.
Say this much for Louis Borders's next act: it probably won't lose $1 billion. That's about how much his last startup, online grocery purveyor Webvan, burned through before it shut its doors in Jul...
The rapidly spreading fund scandal has reached the top at one major firm. In late October, New York State attorney general Eliot Spitzer accused Strong Funds founder Richard Strong of making rapid-...
As a reporter at Forbes magazine in the early 1990s, I wrote a story questioning mutual funds with the word retirement in the title. The fund companies were using catchy monikers to imply that the...
This should be a time of renaissance for supply-siders--that band of economists, pundits, and policy wonks whose credo is "Lower Marginal Tax Rates" and whose golden age was the Reagan Administrati...
At $92.60 per vote, New York City mayor Mike Bloomberg is hardly the top bidder in the recent annals of self-financed political races. And, hey, when you figure the $69 million that he spent is mer...
Pick up the latest FORTUNE, Forbes, or Fast Company--gosh, they're all thinner, aren't they?--and you'll know that knowledge management is what we all must do better, you value-added knowledge work...
Here's how--in his own words--Hugh Johnson, chairman of First Albany Asset Management, handled the 1973-74 bear market: "I picked a bottom in June '73, another in July '73, another in August, anoth...
It was a great assignment for a corporate spy. Word was out that Kraft Foods was about to market a new "rising crust" frozen pizza, and a worried competitor wanted all the information it could get....
The markets and the media laughed when Fed Chairman Alan Greenspan warned repeatedly during the past several months that the stock market's roaring growth couldn't continue forever. They rolled the...
For more than two years, Ed Yardeni, Deutsche Bank's chief economist, has been Wall Street's biggest Y2K agitator. His forecast--that Y2K had a 70% chance of causing a global recession this year--a...
It's a quiet workday when I get only a dozen calls that go something like this: "Hi, I'm Denise from chirpyPR.com and I represent edot.com, the makers of a best-of-breed B2B software that provides ...
So you're way past the minimum wage and probably haven't even thought about calculating your hourly wage for a while. But have you ever figured out what you earn in a second? If you look at the inc...
The Daily Deal newspaper, brainchild of investment-banking bigwig Bruce Wasserstein, is trying to find its niche on Wall Street. The tabloid seeks to differentiate itself from other business dailie...
You hear professional investors (including several MONEY 100 fund managers) say it all the time: "We try to buy companies selling for less than their intrinsic value." Sounds good. But what is intr...
The pitch was irresistible: Santa Clara County, home to Silicon Valley, announced that the theme of its county fair this year would be "Hayrides and Hard Drives." There'd be prizes for Bill Gates l...
I love technology. I'm fascinated by the innovations, the businesses and, of course, the opportunities to generate wealth for investors. But in some ways, computer technology has become a mature in...
Good evening, ladies and gentlemen. I know you're as pleased as I am to be here tonight to honor Mr. Al Dunlap on the occasion of his, er, retirement from American senior management. Yes, the big b...
Both men are astute investors. Both are longtime members of Forbes magazine's list of the 400 richest Americans. And both run companies that are essentially giant investment vehicles with serious s...
Exactly a year ago, we proudly presented a redesigned version of FORTUNE to our readers. At the time, we said the new look was the culmination of our effort to do nothing less than reinvent the mod...
Why hasn't Wall Street blasted Marvel Entertainment's controlling shareholder Ronald Perelman and his heavy-handed proposed reorganization plan for the comics company (Spider-Man, Incredible Hulk)?...
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