Read five takeaways from the special counsel’s report.
As her husband faces heightened questions, Jill Biden has been a protective force.
What underlay Wall Street's financial crisis was the unhealthy risk-taking fostered by the tradition of the gilded paycheck, a phenomenon that must now be reined in, author and former investment banker William D. Cohan writes in an op-ed in The New York Times.
16 Tycoons to Give Away Fortunes Facebook CEO Mark Zuckerberg is among 16 billionaires joining a group pledging to give the majority of their wealth to charity. Others include AOL's Steve Case, and investor Carl Icahn.
As any veteran of a start-up will tell you, the strains of building a company can be enough to undermine even the strongest partnerships. In the case of Microsoft, set up in 1975, the surprising thing is that the union between the two men lasted as long as it did given the tension that already underlay their friendship. Mr Allen eventually walked out of the company in 1983 (although he kept his stake in the business), leaving Mr Gates in sole charge of Microsoft, which then went on to turn both men into billionaires.
True to the title of the book, many of these have involved experiments that explore the limits of human ingenuity in realms such as private space flight, brain science and digital knowledge-gathering. Using his Microsoft riches, Mr Allen has also accrued some of the typical trappings of billionairedom: professional sports teams, famous friends such as Bono, and a mega-yacht, the Octopus. He has also given away a great deal of money. Mr Allen has clearly done a lot. Perhaps one day he will also find the generosity of spirit to admit that Mr Gates deserves far more credit for making all of this possible than he gets in “Idea Man”.
heighten
Line breaks: height¦en
Pronunciation: /ˈhʌɪt(ə)n
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VERB
Definitio
underlay1
Line breaks: under|layVERB
Pronunciation: /ʌndəˈleɪ
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NOUN
Pronunciation: /ˈʌndəleɪ
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