10 Updates

Best Of FORBES: Almanac Of Wealth, A $19B Poker Game, Richest Women

Mar 4 2014, 7:00pm CST | by

More from the launch of the world’s billionaires list: “There are 1,645 billionaires spread across the globe – more than ever before – worth some $6.4 trillion, an 18.5% increase from last year. The...

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20 weeks ago

Best Of FORBES: Almanac Of Wealth, A $19B Poker Game, Richest Women

Mar 4 2014, 7:00pm CST | by

More from the launch of the world’s billionaires list:

“There are 1,645 billionaires spread across the globe – more than ever before – worth some $6.4 trillion, an 18.5% increase from last year. The United States is home to 492 of the world’s wealthiest, more than any other country, followed by China with 152 and Russia with 111″ — Check out The World Almanac Of Wealth.

“Buying the world’s biggest and most reclusive messaging service took more than just money, but months of gaining its founders’ trust and a promise of independence” — Parmy Olson. Read Inside The Facebook-WhatsApp Megadeal: The Courtship, The Secret Meetings, The $19 Billion Poker Game

“Property values are rising globally, creating wealth–and new billionaires–across the planet. Fifteen people join the FORBES ranks this year thanks to their real estate holdings, bringing the total number of property tycoons on the FORBES Billionaires List to 135″ — Erin Carlyle. Read The 20 Richest Real Estate Tycoons On The Forbes Billionaires List

“It was a record-breaking year for women on the FORBES list of the World Billionaires. Out of 1,645 billionaires, a record 172 are women – up from 138 last year. There’s no denying that women are still a tiny minority on the list, representing a little over 10% of the total” — Andrea Navarro. Read The World’s Richest Women 2014

And in other news:

“The judge presiding over the divorce case of oil man Harold Hamm and his wife Sue Ann has ruled that the billionaire founder of Continental Resources will not have to give up his controlling interest in the company as part of any settlement” — Christopher Helman. Read Judge: Billionaire Hamm To Retain Control Of Continental Resources In Divorce Settlement

“So much for that Super Bowl boost: just one month after surging on the success of a Super Bowl ad triumph, shares of RadioShack are plummeting more than 20% in early Tuesday trading after the electronics retailer released abysmal fourth quarter fiscal 2013 earnings results that included a same-store-sales drop of 19% and news that the company is closing 1,100 under-performing stores” — Maggie McGrath. Read RadioShack Closing 1,100 Stores After Same Store Sales Plummet 19%

“Mt. Gox may have become the biggest business to collapse within the Bitcoin economy when it declared bankruptcy last week after a massive theft of its coins. But it won’t be the last. On Monday night Bitcoin startup Flexcoin announced that it would be shutting down following the theft of 896 bitcoins from its servers, worth close to $620,000 at current exchange rates” — Andy Greenberg. Read Another Bitcoin Startup Tanks After $600,000 Theft

“Time to hop on the drone bandwagon — before it flies off without you. Facebook, in a deal first reported by TechCrunch and CNBC, is buying drone maker Titan Aerospace for $60 million” — Brian Solomon. Read Facebook Follows Amazon, Google Into Drones With $60 Million Purchase

“On Monday Disney and Dish Network signed a long-term agreement that could change the way we watch TV. The deal gives Dish the right to offer Disney channels, like ABC and as importantly, ESPN, online. Although the details haven’t been worked out, Dish could, at some point in the near future, sell the package of Disney channels to viewers who aren’t Dish subscribers as a standalone option” — Dorothy Pomerantz. Read Dish Disney Deal Could Help Speed Cord Cutting Options

FORBES news:

“Over the weekend, Warren Buffett issued his annual letter to Berkshire Hathaway’s shareholders, displaying the wit and insight that has propelled him to beat bull and bear markets alike over the past 40-plus years. If you want to know more about what motivates the Oracle of Omaha, check out the FORBES ebook, ‘Warren Buffett, The $59 Billion Philanthropist ’. Available on iTunes and Amazon now.”

Source: Forbes Business

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakya ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was reject ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Ser ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states last month. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 milli ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Dat ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme 2014. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Daman ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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