Propeller.com Sullti's Participation

Billions in Merger Activity

MyWayOnNow — Tue, 06 Feb 2007 11:25:01 EST

It was freezing outside yesterday, but that couldn't stop merger activity from heating up. Billionaire investor Carl Icahn offered to pay $2.31 billion for the 84% of auto-parts maker Lear he doesn't already own.

Channel: Money Tags: autos carl icahn auto parts lear

Buffett Plays Chauffeur For Charity

lovelytxwoman — Tue, 26 Sep 2006 01:14:31 EDT

London -Warren Buffett, the 76-year-old billionaire-cum-stock market deity, will soon be seen by travelers at Omaha airport donning a chauffeur's cap and parking up his 2001 Lincoln Town Car at the arrivals area to pick up an individual known only as "Bill Zanker."

Channel: Money Tags: WARREN BUFFET CHARITY CHAUFFEUR

5-Year Sentence in Oil-For-Food Caper

STONERS — Thu, 22 Feb 2007 16:54:56 EST

A South Korean businessman convicted of accepting at least $2 million to secretly work on Iraq 's behalf to influence the United Nations' oil-for-food program was sentenced Thursday to five years in prison.

Channel: News Tags: 5 Year Sentence Oil For Food Caper

Soros donates 50m to aid Afric

okitech — Wed, 13 Sep 2006 07:40:20 EDT

US billionaire George Soros donates $50m to a UN project that aims to tackle poverty and Aids in Africa.

Channel: Money Tags:

Kerkorian ally quits board

lovelytxwoman — Sat, 07 Oct 2006 02:47:37 EDT

WASHINGTON-A key adviser to billionaire investor Kirk Kerkorian resigned from the General Motors board yesterday, citing a boardroom environment unreceptive to extensive probing and ``grave reservations" about GM's abilities against Asian competitors. Kerkorian, meanwhile, signalled he would not acquire more stock in the world's biggest aut

Channel: Money Tags: KIRK KERKORIAN

The Rich Getting Richer

Digidave — Fri, 09 Mar 2007 20:45:38 EST

The world's richest are getting younger and richer with more Russians and Indians cropping up among the 946 people on Forbes magazine's 2007 billionaires list.

Channel: Money Tags: Forbes

A Lesson From Buffett: Give While Living

JimEspo — Wed, 05 Jul 2006 19:32:20 EDT

Billionaire Warren Buffett's gift to the Bill and Melinda Gates Foundation shows the benefits of giving now -- still, some donors can risk running out of funds. Plus... some good links to check on the integrity of your favorite charities.

Channel: Money Tags: Bill and Melinda Gates Buffett Philanthropy Charity

Ted Turner calls for switch to alternative fuels

TechnologyExpert — Fri, 09 Feb 2007 00:39:45 EST

There's not much middle ground for Ted Turner when it comes to the future of energy in the United States. "What we need is a moratorium on all new coal plants, on all new carbon-producing energy power technologies, and work on replacing them with renewable alternatives," the billionaire founder of CNN said Wednesday.

Channel: Money Tags: Ted Turner Renewable Fuels

US Economy Update - Will the Housing Bubble Lead to Recession?

cdeal — Fri, 06 Oct 2006 16:47:40 EDT

This article talks about the effects of the housing bubble and current economic indicators on how they willl affect the construction and remodeling industries.

Channel: Money Tags: real estate housing bubble recession construction industry economic report

The Key Decision that Earned Bill Gates his 53 billion

wayjer — Fri, 22 Sep 2006 10:20:44 EDT

As Michael Fowlkes notes in his post this morning, Bill Gates topped Forbes' rich list yet again, with a net worth of $53 billion. I trace the reason why Gates is the world's richest person back to a decision he made at the dawn of the PC age.

Channel: Money Tags: bill gates forbes billionaire blogging stocks

Stocks Closes Mixed After Disappointing Home Sales Report

etrader — Mon, 26 Mar 2007 22:07:44 EDT

Stocks pared steep losses on Monday to end narrowly mixed after a surprise drop in new home sales for February triggered further concern that economic growth is slowing more than expected.

Channel: Money Tags: economy investor shares stock indexes

Million-dollar homes rented for $150 a month

jeremytoday — Wed, 21 Mar 2007 09:58:44 EDT

Japanese billionaire Genshiro Kawamoto has selected the first four of eight Native Hawaiian families that will each rent one of his multimillion-dollar homes in the exclusive oceanside Kahala area for $150 a month.

Channel: News Tags: Genshiro Kawamoto 150 dollars rent multimillion dollar homes

Blackstone Seeks Partial 4 Billion Dollar IPO

etrader — Fri, 23 Mar 2007 09:17:38 EDT

Blackstone Group LP, one of the world's biggest private equity firms, said on Thursday that it seeks to raise up to $4 billion in a highly anticipated initial public offering.

Channel: Money Tags: asset billionaire equity forbes investment IPO shares stock

Japan Loses Asian Top Spot in Billionaires List

etrader — Fri, 09 Mar 2007 08:55:20 EST

The number of billionaires in China and India nearly doubled in the last year, pushing Japan from Asia's top spot for the first time in 20 years, according to Forbes Magazine's latest rich list.

Channel: News Tags: asian billionaire china commodities entrepreneur forbes india japan technology wealth

Should you give family money to kids, or to charities?

sarahgilbert — Wed, 07 Feb 2007 17:08:50 EST

Warren Buffett doesn't believe in giving money to his children, calling it "un-American," while most billionaires happily make their children the trustees of their riches. What would you do?

Channel: Family Tags: inheritance charity buffett warren buffett billionaire