Hamptons ‘builder to the stars’ among those feared dead in plane crash off Long Island

(CNN)A prominent builder, known for erecting mansions in the Hamptons for wealthy celebrities, was aboard a small plane that crashed off the coast of Long Island on Saturday. Two bodies have been recovered and two people are still missing. The Coast Guard suspended its search for the two missing people on Sunday afternoon. “Following a…

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The high school dropout who banked 80m

Image copyright Jota Aviation Image caption Mr Dolan has gone on to launch a chartered airline, among other business ventures ‘Bigger and bigger’ With strong profits, private equity firms started circling. In 2014, with 14,500 clients on its books and a turnover of about £20m, Mr Dolan sold the company to Sovereign Capital as part…

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World Cup 2022: Meet the Qataris making the most of soccer’s showcase

(CNN)When Qatar was awarded the right to host the FIFA World Cup in 2010, Ali Eldous was still in his teens. Now aged 25, he has his sights set on making the most of football’s main event when it rolls into town in four years’ time. Eldous is co-founder and CEO of Arvex, a Doha-based…

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Can Kuwait’s delivery heroes inspire startup scene?

(CNN)A little over two-and-a-half years ago, Abdullah Al Mutawa was researching home delivery options for his burger restaurant in Kuwait City. What the quartet came up with was Carriage. The online ordering and delivery platform has since transformed the food delivery game in Kuwait, spread to neighboring countries and provided inspiration to a new generation…

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Starbucks Closing Today For Anti-Bias Training: Can 4 Hours Make A Difference?

The arrests sparked outrage across the country after a customer posted video of the men, Rashon Nelson and Donte Robinson, who appeared to be cooperative as police officers took them into custody. The men said they had gone to the Starbucks for a business meeting and were waiting for a third person to arrive. Nelson asked…

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The trouble with charitable billionaires

The long read: More and more wealthy CEOs are pledging to give away parts of their fortunes often to help fix problems their companies caused. Some call this philanthrocapitalism, but is it just corporate hypocrisy? In February 2017, Facebooks founder and CEO Philanthropy is recast in the same terms in which a CEO would consider…

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Joe Biden: the liberal everyman spoiling for a fight with Trump as 2020 looms

The Democratic field is likely to be swollen but the 75-year-old could represent a likable consensus candidate for both wings of the party Among recent pilgrims to the Arizona ranch of Senator John McCain was Joe Biden. The Republican, who has an aggressive form of brain cancer, urged the former vice-president to not walk away…

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Son of a joiner becomes UK’s richest man

He went to Beverley Grammar School, studied chemical engineering at Birmingham University, and got an MBA from London Business School, according to a Financial Times profile. His father, who was a joiner, went on to run a factory that made laboratory furniture, while his mother worked in an accounts office. Mr Ratcliffe’s firm is currently…

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What can you get for 10,000?

Pay for a deposit on a home Sadly, £10,000 won’t get you very far these days if you’re a first-time buyer. At best, it’ll be about half the amount you’ll need for a deposit on a home, but only if you live in the northern part of the country. For Londoners, it represents only one-11th…

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The men arrested at Starbucks are paying it forward big time

(CNN)Two black men whose arrest last month at a Starbucks spurred allegations of racial bias say they’re happy with the settlements they’ve reached with the city of Philadelphia and the company — and that they hope the incident is remembered for positive outcomes such as an anticipated program to encourage young entrepreneurs. Within minutes of…

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