09/05/2011

Amazon Chief's Spaceship Misfires

An unmanned spaceship funded by Internet billionaire Jeff Bezos veered out of control and had to be destroyed during a recent test flight, highlighting the dramatic risks of private space ventures.

09/02/2011

Wealthy auction off mansions after price cuts fail

Real estate auctions, long used in the sale of foreclosed properties, are becoming more popular among wealthy homeowners to drum up interest in mansions that have languished on the market after the housing crash. In exchange for a quicker sale, many sell

08/16/2011

Meet India's Young Billionaire Heirs

These kids have been to some of the best schools, will become bosses of some of billion-dollar Indian companies and are heirs to their millionaire parents' large estates too.