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Billionaires' riches reach record highs during pandemic

The wealth of the world's billionaires reached record heights this year despite the global coronavirus crisis, led by tech, health and industry "innovators and disruptors" like Elon Musk, said a report published Wednesday.

World's 22 richest men have more than all women in Africa: Oxfam

The number of billionaires has doubled in the past decade and the world's 22 richest men now have more wealth than all the women in Africa, Oxfam said Monday in an appeal to the Davos elite to get serious about inequality.

HP raises CEO Whitman's salary to $1.5M from $1

Hewlett-Packard is giving CEO Meg Whitman a huge pay raise as she enters the third year of her attempt to turn around the slumping personal computer and printer maker.

Carl Icahn ends takeover battle for PC maker Dell (Update)

Billionaire investor Carl Icahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker's founder Michael Dell.

Judge won't fast-track Icahn claim against Dell

A Delaware judge has refused to fast-track a trial on billionaire investor Carl Icahn's (EYE'-kahn) claims that Dell Inc. directors have breached their fiduciary duties in scheduling a vote on founder and CEO Michael Dell's ...

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