News Thomas Perkins, who is thought to be worth around $8bn, made the startling comparison in a letter to The Wall Street Journal

Billionaire venture capitalist admits Kristallnacht was a "terrible word" to use but defends war on the rich remarks

Bad weather blamed for December's worse-than-expected US unemployment numbers

Employers in the United States hired only 74,000 new workers in December, well below the almost 200,000 that many economists had predicted -- although the December number may have been affected by bad weather.

Temperatures have plunged to -13C in the town of Hell, Michigan

The storm so bad even Hell has frozen over

The extreme weather in the US has got so cold that even Hell has frozen over.

Bill de Blasio and his family at his inauguration as mayor

Bill de Blasio inaugurated at New York City mayor

De Blasio becomes the city's 109th mayor

New Yorkers live longer today than when Michael Bloomberg took office 12 years ago, but the city's homelessness problem has grown under his watch

Nokia faces soaring Indian tax bill ahead of crucial ruling

Nokia’s disputed Indian tax bill could be set to balloon ahead of a crucial ruling in the country on its €5.4 billion ( approximately £4.5bn) deal with Microsoft.

Alan Greenspan

Alan Greenspan blasts Bitcoin as Beijing moves to ban the virtual currency

Former Federal Reserve Chairman Alan Greenspan has hit out at the virtual currency describing it as a "bubble" in a television interview.

Chinese Premier Li Keqiang (right) and David Cameron (L) view an honour guard during a welcoming ceremony inside the Great Hall of the People in Beijing, China

'Censorship' row overshadows David Cameron trip to woo China

Downing St make official complaint after financial journalist on PM's delegation banned from only official public event

Protesters call for press freedom in support of journalists from the ‘Southern Weekend’ in Guangzhou in January

Leading Bloomberg writer leaves China office after story ditched

It is another example of Beijing’s increasing pressure on foreign news organisations to drop embarrassing stories about the country's leaders

“We should be offering them [the ‘very, very rich’] humble and hearty thanks,” said the Mayor in his Telegraph column

Does Boris Johnson's munificence know no bounds? He says we can have bread!

Bow down to your squires and say hello to Victorian philanthropy 2.0

Hedge king Stanley Fink’s crown slips as fund tumbles

The “godfather of the hedge fund industry” has seen assets at his latest vehicle almost halve in the past 18 months because of client redemptions and losses.

'Stop buying Home Counties schlosses': Boris Johnson rattles super-wealthy with plea for greater philanthropy

Mayor of New York says Britain had yet to catch up with American idea of large-scale giving

Bill de Blasio dwarfs his rivals during Wednesday’s debate

Towering Bill de Blasio the favourite for next mayor of New York City

Six-foot-five public advocate sweeps past controversial candidate Anthony Weiner in race for Democrats’ nod

Included in the book are journalistic 'definitions' and 'to put it another way'

Boffin lifts the lid on journalese: A new book puts spotlight on newspaper tricks and a raft of red-faced clichés

The world of journalism was rocked to its foundations last night as a top newsman claimed to have discovered the secret of "journalese".

Record haul of guns seized in New York

New York Mayor Michael Bloomberg announced the largest seizure of illegal weapons in the city’s history yesterday, with authorities indicting 19 people on allegations of involvement in gun trafficking from North and South Carolina to New York.

Judge Shira Scheindlin made the ruling in a class-action suit

New York police’s use of stop and search powers is racist, says judge

Force is told to change its ways over policy  that unfairly targets blacks and Hispanics

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Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there