Larry Ellison

In this June 7, 2009, photo, music mogul Sean Combs sits courtside during the first half of Game 2 of the NBA basketball finals between the Los Angeles Lakers and Orlando Magic in Los Angeles. (AP Photo/Mark J. Terrill, File)

Famous bidders already lining up for LA Clippers

LOS ANGELES (AP) — If Donald Sterling is compelled to sell the Los Angeles Clippers, the list of potential buyers has more stars than their roster. Oprah Winfrey is contemplating a bid. Sean Combs is […]

05/01/2014

In this May 6, 2012 file photo, Warren Buffett, chairman and CEO of Berkshire Hathaway, right, watches Bill Gates use an oversize paddle as they play doubles against table tennis prodigy Ariel Hsing in Omaha, Neb. Members of the economic elite are looking for ways to reduce the nation's growing income inequality for a variety of reasons, from self-interest to pangs of conscience. Buffet advocated for a progressive estate tax before members of Congress, saying in 2007, "Dynastic wealth, the enemy of a meritocracy, is on the rise. Equality of opportunity has been on the decline. A progressive and meaningful estate tax is needed to curb the movement of a democracy toward plutocracy." (AP Photo/Nati Harnik, File)

Gates back on top of Forbes’ billionaire rankings

NEW YORK (AP) — Microsoft co-founder Bill Gates is back on top of the list of the world’s richest people after a four-year hiatus. Forbes magazine announced its ranking of the world’s billionaires Monday. Gates, […]

03/03/2014

U.S. Department of Health and Human Services' main landing web page for HealthCare.gov. (AP Photo/U.S. Department of Health and Human Services)

Oracle helping to fix Obama’s healthcare site

  SAN FRANCISCO (AP) — Oracle CEO Larry Ellison says the business software maker is helping the Obama administration fix the technological problems preventing people from signing up for government-mandated health insurance. Ellison told shareholders […]

10/31/2013

Oracle CEO Larry Ellison (AP Photo)

Oracle defends CEO’s pay amid shareholder unrest

SAN FRANCISCO (AP) — Oracle is trying to ward off a shareholder rebellion against policies that have consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world. The business software […]

10/02/2013

Oracle Team USA crosses the finish line during the 18th race of the America's Cup sailing event against Emirates Team New Zealand on Tuesday, Sept. 24, 2013, in San Francisco. Oracle Team USA won both races Tuesday to even the series. (AP Photo/Ben Margot)

Oracle beats New Zealand to keep America’s Cup

SAN FRANCISCO (AP) — Skipper Jimmy Spithill and Oracle Team USA won the America’s Cup on Wednesday with one of the greatest comebacks in sports history. Spithill steered Oracle’s space-age, 72-foot catamaran to its eighth […]

09/25/2013

Artemis Racing AC72 catamaran entry from Sweden, that capsized after flipping over during training for 2013 America's Cup race, killing crew member Andrew Simpson, San Francisco Bay. (AP Photo)

America’s Cup officials say race will continue

SAN FRANCISCO (AP) — The America’s Cup will go on as planned after the death of a sailor during a training run last week on San Francisco Bay, officials said on Tuesday. America’s Cup officials […]

05/14/2013

Artemis Racing AC72 catamaran entry from Sweden, that capsized after flipping over during training for 2013 America's Cup race, killing crew member Andrew Simpson, San Francisco Bay. (AP Photo)

America’s Cup planning endures rough waters

SAN FRANCISCO (AP) – Olympic gold medal-winning sailor Andrew “Bart” Simpson’s death during an America’s Cup training run on San Francisco Bay last week was the latest and most glaring setback to befall an event […]

05/11/2013

Tech mogul purchases 11th Malibu property

MALIBU (CNS) – Computer multi-billionaire Larry Ellison, who just bought a Hawaiian Island, has obtained his 11th property in Malibu, it was reported today. The $36.9 million purchase is the highest sale in Malibu this […]

09/29/2012

Gates, Buffett again top Forbes' billionaires list

NEW YORK (AP) – Microsoft Corp. co-founder Bill Gates remains the nation’s richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year […]

09/19/2012

Hawaiian island of Lanai seller keeps rights for wind farm

(AP) – The billionaire selling 98 percent of the Hawaiian island of Lanai to Oracle CEO Larry Ellison says he plans to keep rights to complete a wind farm project that has caused controversy among […]

06/21/2012

Follow

Get every new post delivered to your Inbox.

Join 28,165 other followers