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

400,000 rapes in Congo in one year

More than 1,000 women are raped every day in the Democratic Republic of Congo, a US study shows.

The Place Prize for Dance, The Place, London

The Place Prize for Dance, which was founded in 2004, is unpredictable without being exciting. Unusually, it's a commissioning prize: 16 semi-finalists are chosen to create new works. Sponsored by Bloomberg, the prize offers £25,000 to the main winner, plus an audience prize of £1,000, awarded at each of the 10 finals performances. As a system, it does support new creations, but what goes into the final is the best of a small pool. The finalists tend to be choreographers who have begun to make names for themselves: it's neither the shock of the new nor the stars of the field.

I won't sell my Arsenal stake, says Usmanov

Alisher Usmanov, the Russian industrial magnate, says he has no intention of selling his stake in Arsenal to Stan Kroenke. Usmanov confirmed yesterday that he will keep his 27 per cent holding after the American secured a controlling interest in the club earlier this week.

Alisher Usmanov will not sell Arsenal stake to Stan Kroenke

Russian billionaire Alisher Usmanov insists he will not sell his stake in Arsenal after fellow shareholder Stan Kroenke triggered a mandatory buyout offer for the club.

Granny cuts off Georgia's internet during scrap hunt

Usually when there are internet problems in former Soviet countries, people suspect nefarious government interference. This time, though, it was a granny on the hunt for scrap metal who damaged fibre-optic cables leading from Georgia to Armenia and knocked the entire country's internet out for several hours.

Video: The Place Prize 2011 - the finalists

The four dance pieces shortlisted for The Place Prize 2011, the UK’s biggest award in choreography, will be performed every night from today until 16 April at the eponymous Euston-based dance theatre .

Business Diary: Green alternative to Royal Bank?

Residents of Edinburgh West will be pleased to hear their Liberal Democrat MP, Mike Crockart, is doing his best to bring new jobs to the constituency. Crockart was leading a delegation at the House of Commons yesterday calling for the headquarters of the new Green Investment Bank to be sited in the area he represents. Is the MP being a little greedy? After all, with Royal Bank of Scotland based at Gogarburn in the constituency, Edinburgh West is already home to one world-class bank. Oh hang on a moment, that's not quite right.

BP executives may face jail for manslaughter over Gulf disaster

Managers of BP could face manslaughter charges when prosecutors in the United States finally conclude their criminal investigation into the Deepwater Horizon explosion in the Gulf of Mexico last April that killed 11 rig workers and triggered the worst oil spill in US history.

Steve Richards: It's time for Miliband to tell us where Labour is heading

Miliband and Balls are being urged to apologise for leaving Britain in a mess, to acquire greater credibility. 'Sorry we caused this economic nightmare' is unlikely to get them very far

Groupon hunts for new No 2 to manage flotation

Groupon, one of several internet companies that offers users money-off vouchers to spend at local businesses, is looking for a new No 2 executive to steer it through a US stock market flotation after parting ways with its existing chief operating officer.

Bloomberg's $3bn vision for New York's waterfront

A plan unveiled by Mayor Michael Bloomberg aims to put landlubber New Yorkers back in touch with the resource that surrounds them – the city's sometimes glittering but too-often-ignored waterfront, all 520 miles of it.

Arizona riled by New York mayor's exposé of lax gun controls

His predecessor, Rudy Giuliani, drew the mockery of many by referring to himself as "America's Mayor". And now Michael Bloomberg, New York's incumbent leader, has made his own controversial move on to the national stage – by sending undercover operatives to investigate illegal gun sales on the other side of the country.

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