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Billionaires see the stakes of election
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...Politics - The Hill - 8 hours ago -
Mubadala Capital sees chance to buy up large private equity stakes
Emirati unit raises $3.1bn for its latest fund hoping to appeal to groups looking to raise cashBusiness - Financial Times - October 22 -
The 2024 Stakes on Health Care
We explore the presidential candidates’ health policy proposals.Top stories - The New York Times - 3 days ago -
Steve Ballmer on becoming one of the world's richest billionaires
LA Clippers owner and former Microsoft CEO Steve Ballmer, has seen his net worth soar north of $120 billion.Top stories - CBS News - October 13 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - 2 days ago -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - Yesterday -
An excess of billionaires is destabilising politics – just as academics predicted
Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...World - The Guardian - 19 hours ago -
Billionaires have business interests hinging on election outcome
Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...Politics - The Hill - 19 hours ago -
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Elon Musk battles Indian billionaires over satellite internet spectrum
Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who call for space bandwidth auctionsWorld - Financial Times - October 16 -
Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million
Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.Business - CNBC - October 17 -
Billionaire investor says market is 'very convinced' of Trump victory
Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump. “I must say, in the last 12 days, the market and the ...Politics - The Hill - October 17 -
Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
As Elon Musk steps up his work on behalf of former President Donald Trump, Kamala Harris is calling in her own billionaire, Mark Cuban.Politics - NBC News - October 17 -
How Silicon Valley Billionaires Became Trump’s Biggest Donors
Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.Top stories - The New York Times - October 18 -
Meet David Hoffmann, the Florida Billionaire Buying Up Print Newspapers
David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.Business - The New York Times - October 22 -
Legal concerns over billionaire Elon Musk PAC giveaway to support Trump
A campaign tactic by Donald Trump ally Elon Musk is raising new legal concerns. The billionaire is offering a big cash prize to battleground state voters who sign a petition for his Trump super ...Top stories - CBS News - October 22 -
Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’
Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...Business - MarketWatch - October 23 -
Musk v Ambani: Billionaires battle over India's satellite internet
Musk's Starlink and Mukesh Ambani are preparing to face off in India’s satellite broadband market.Top stories - BBC News - October 22 -
Democrats rip Musk as billionaire takes leading role in Trump campaign
Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...Politics - The Hill - 6 days ago -
‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives
The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...World - The Guardian - 5 days ago -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - 5 days ago -
Who is Bidzina Ivanishvili, the shadowy billionaire behind Georgia’s pivot to Russia?
Country’s wealthiest and most influential figure has guided shift away from the west while cultivating an air of mystery. In the winding streets of ancient Tbilisi, one is ever under his watchful ...World - The Guardian - 4 days ago -
The Washington Post is a reminder of the dangers of billionaire ownership | Siva Vaidhyanathan
In blocking the newspaper from endorsing Kamala Harris, Jeff Bezos is not acting cowardly so much as slyly. Last week the Washington Post refrained from endorsing a candidate in the presidential ...World - The Guardian - 2 days ago -
Legendary buys out China's Wanda ownership stake
'Dune' production company Legendary Entertainment has bought out the stake previously owned by Chinese conglomerate Wanda Group.Entertainment - Los Angeles Times - October 14 -
Richard Seymour's ownership stake in Raiders was approved, too
More quietly than Tom Brady, Seymour quietly becomes part owner of Vegas franchise.Sports - Yahoo Sports - October 16 -
What’s at Stake in a Strained Microsoft-OpenAI Partnership
The alliance between the technology giant and the company behind OpenAI has been hugely consequential — but a disruption could shake up the A.I. race.Business - The New York Times - October 18 -
'Roaring Kitty' Reports Exit From Chewy Stake
Influential investor Keith Gill, known as “Roaring Kitty,” reported an exit from his Chewy stake in a securities filing.Business - The Wall Street Journal - 2 days ago -
On the Ellipse, the Stakes Loomed Over Harris’s Shoulder
There was a clear point in returning to the site of Trump’s Jan. 6 crime.Top stories - The New York Times - 2 days ago -
Biden’s Stake in This Election Is Like Nobody Else’s
Will he be remembered as American democracy’s savior — or as a midwife to its ruin?Top stories - The New York Times - 20 hours ago -
Friday Briefing: The Global Stakes of the U.S. Election
Plus, Japan's passion for the World Series.World - The New York Times - 8 hours ago -
Team Behind Starface Pimple Patches Takes On Fentanyl Test Strips
The founders of Starface took the shame out of blemishes. Now, they’re hoping to make it less risky to use recreational drugs and alcohol.Lifestyle - The New York Times - Yesterday
