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Olav Thon, billionaire Norwegian real estate developer, dead at 101
Olav Thon, a billionaire entrepreneur recognizable for his bright red cap who went from selling leather and fox hides in his youth to build one of Norway’s biggest real estate empires, has diedWorld - ABC News - 9 hours ago -
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 - October 31 -
European gas prices hit peak for year on Norwegian production outage
Increase highlights continuing vulnerability of market to supply disruptionsWorld - Financial Times - October 25 -
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.Business - The Wall Street Journal - October 25 -
The Menendez brothers built a green space in prison. It’s modeled on this Norwegian idea
Erik and Lyle Menendez launched an ongoing beautification initiative in the prison where they are serving life sentences for the 1989 killings of their parentsWorld - ABC News - October 26 -
Tram derails and plows into a shop in Norwegian capital, only 4 lightly injured
Four people were injured when a tram derailed and plowed into a computer shop in downtown OsloWorld - ABC News - October 29 -
Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’
Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.Business - MarketWatch - October 31 -
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China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
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 - October 30 -
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 - October 31 -
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 - October 31 -
Norwegian ski star Kilde needs more surgery on injured shoulder and will miss 2024-25 season
Norwegian skier Aleksander Aamodt Kilde will miss the entire 2024-25 season because his injured left shoulder requires surgery againSports - ABC News - October 23 -
At least 1 person dead and 4 injured in train derailment in northern Norway, Norwegian media report
At least 1 person dead and 4 injured in train derailment in northern Norway, Norwegian media reportWorld - ABC News - October 24 -
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 - October 25 -
‘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 - October 26 -
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 - October 27 -
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 - October 27 -
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 - October 29 -
Steve Ballmer: the tech billionaire asking if voters want ‘just the facts’
Former Microsoft boss seeks to build better democracy with dataWorld - Financial Times - November 2 -
Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies
Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...World - The Guardian - November 3 -
Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct
Mineral Resources shares fall 10% after board concludes founder used company resources for personal benefitWorld - Financial Times - November 4 -
A Russian reprieve for JPMorgan?
Trump victory puts a twist in the tale of Moscow vs America’s biggest bankWorld - Financial Times - November 7 -
Was the Polymarket Trump whale smart or lucky?
Know thy neighbour, not thy traderWorld - Financial Times - November 7 -
For billionaire Mark Cuban, luxury real estate in a prime location trumps politics
Though the ‘Shark Tank’ star and entrepreneur has been a vocal critic of Donald Trump, he still hangs on to his lux N.Y. condo in the Trump tower.Business - MarketWatch - 5 days ago -
How billionaires could benefit from Trump's second term
Billionaires backed President-elect Donald Trump's bid to get back in the White House, but now that the deal is done, what could they get in return? CBS News investigative reporter Dan Klaidman ...Top stories - CBS News - 4 days ago -
Billionaire Ripple founder has given more than $11.8 million to Harris campaign
Fresh election data shows that with two weeks to go until the general election, the crypto industry mostly donated to Vice President Kamala Harris.Business - CNBC - October 21 -
Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris
Billionaire investor Warren Buffett isn’t endorsing any political candidates or investment products and doesn’t want investors to get duped into thinking otherwise.Business - MarketWatch - October 23 -
Patrick Soon-Shiong: the billionaire LA Times owner who blocked Harris endorsement
Biotech tycoon’s decision to refuse to allow presidential endorsement led to resignations and subscribers’ revolt. In 2020, Patrick Soon-Shiong wrote an article for the Los Angeles Times, the ...World - The Guardian - October 25 -
Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.Business - CNBC - October 28 -
The Guardian doesn’t ‘sanewash’ Trump or take orders from a billionaire owner. That’s why I’m proud to write here | Rebecca Solnit
Thanks to reader support, the Guardian is free from the political and commercial pressures that influence other US outlets. Please help us raise the $2m we need to keep up our momentum. . The ...World - The Guardian - October 29 -
Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.Top stories - NBC News - October 30
