American billionaire Sergey Brin's $100 million fight helps sink California wealth tax
California voters rejected a one-time 5% tax on billionaires after Google co-founder Sergey Brin spent more than $100 million fighting the measure.
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California voters rejected a one-time 5% tax on billionaires after Google co-founder Sergey Brin spent more than $100 million fighting the measure.
Warren Buffett’s Berkshire Hathaway more than doubled buybacks to $9.6 billion in the third quarter as operating earnings fell 5.8% to $12.7 billion.
Ohio State University will keep Les Wexner's name on its medical center, arts center and football complex after rejecting hundreds of Epstein-linked removal requests.
Jensen Huang fell out of the world's 10 richest people on Thursday after Nvidia shares dropped 9.3% in a selloff of AI stocks.
John Malone has handed back the super-voting shares that gave him control of Liberty Media, owner of Formula One, after outsiders offered to buy them.
Defense company Shield AI will pay up to $5.3 billion for Echodyne, a radar maker Bill Gates has funded in every round since 2014.
John Paulson sold 35 million Piraeus Bank shares for €332.8 million, cutting his stake in the Greek lender to 8.4% after earlier sales.
Texas Gov.-elect Gina Hinojosa has asked the state to pause land talks with Elon Musk's SpaceX over Boca Chica State Park, beside its Starbase site.
United Therapeutics, the drugmaker founded and run by Martine Rothblatt, reported record third-quarter revenue of $832.5 million, and its shares climbed in early trading.
Priscilla Chan marked 10 years of giving on Kauai, where she and Mark Zuckerberg have committed more than $100 million to local groups since 2016.
Michael Dell lost $12.3 billion on Wednesday as Dell Technologies shares fell more than 9%, hit by election-driven worries over data centers and AI.
Rupert Murdoch's New York Post and Wall Street Journal blamed President Donald Trump for the Republican midterm defeat, while Trump blamed Fox News.
Mark Walter is seeking more than $700 million for the Los Angeles Sparks, the WNBA team he bought with Magic Johnson in 2014.
CVR Energy, controlled by Carl Icahn, priced 10.5 million new shares at $47.55 each, raising $500 million toward its $4.2 billion purchase of two refineries.
Trump Media, the Truth Social owner in which President Donald Trump holds 41%, fell 24.5% to a record low after Democrats won Congress.
Elon Musk lost about $34 billion on Wednesday as Tesla and SpaceX shares fell after Democrats won Congress, and his "Vote red today!" post disappeared.