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

Business Diary: Bespoke bride firm booming

Hats off to Joseph Weiner. When the former investment banker, a New Yorker who these days lives in London, decided to start his own business he had the courage of his convictions, despite other folk's scepticism. Some 14 years later, Hand-in-Hand is thriving, Weiner tells the latest issue of Bloomberg Business Week. For those of you unfamiliar with the company, it charges men up to $2,000 (£1,300) for a "supervised courtship" – a match-making process with young women from Eastern Europe. "Every guy wants a beautiful younger woman," says Weiner.

Usmanov plans to increase Arsenal stake

Alisher Usmanov hopes to increase his stake in Arsenal to overtake Stan Kroenke as the club's main shareholder, according to reports.

The Word On... Michael, Michael Jackson

"If there is a heaven, and if Tupac, Cobain, Presley et al made it through the gates, chances are they're consoling a wincing, visibly embarrassed Jackson, cursing his inability to bolt the demos drawer in Neverland's vaults just that little bit tighter." bbc.co.uk/music

New centrist group gives reluctant Mayor Bloomberg platform for presidential run

The powerful mayor of New York City, Michael Bloomberg, moved yesterday to extinguish renewed speculation that he could put his hat in the 2012 presidential ring while touting his own vision of ending partisan squabbling in Washington better to govern the country.

Office rents soar as new skyscrapers rise in city

The capital's commercial rental market is recovering rapidly after a bruising decline during the recession, reports Nikhil Kumar

Top banks sign up to tax code

The 15 biggest banks operating in the UK have adopted a Government code of practice on reducing tax avoidance, the Deputy Prime Minister, Nick Clegg, said yesterday.

Bloomberg's 'No Label' movement takes on the Tea Party

With the storm of the midterm elections in their rear-view mirror, a coalition of influential opinion-formers is preparing to launch a third political party in the US next month that will eschew the partisan extremes of right and left and seek consensus in the moderate middle of American politics.

Glazers to pay off £220m of United debt

The Glazer family, who own Manchester United, are set to pay off £220million of high-interest loans.

Wanted man missing from mental health hospital

Police warned the public not to approach a man accused of assaulting an elderly woman after he disappeared from a mental health hospital.

ICC in the dark as confusion clouds Haider 'threat' fiasco

The increasingly bizarre case of Zulqarnain Haider took a series of contradictory twists yesterday with the Pakistan wicketkeeper first announcing that he had quit the game before later saying he had "no issues" over playing for his country again. At first he also denied he was seeking asylum in the United Kingdom before later seemingly changing his mind on that too, although he maintained all along that he and his family did receive "death threats" over demands that he help fix the result of two one-day internationals against South Africa.

Facebook 'working on creating two smartphones'

Facebook is working with mobile phone maker INQ Mobile Ltd to create two smartphone devices that may have a network tie up with AT&T, Bloomberg said, citing three people familiar with the matter.

Glazers' buy-back reduces Old Trafford interest burden

The mystery of how the Glazer family are sustaining the most punishing interest repayments on their £750m Manchester United debt became clearer last night after reports suggested they had wiped a significant portion of it out.

Picture Editor's Guild Awards 2010

A new competition called the Picture Editor's Guild Awards has been established to reward the best photo journalists.

For first time in decades, Chicago faces life without a Daley in charge

Richard Daley's decision to quit after 21 years as Mayor marks the end of an extraordinary political dynasty

New Manhattan skyscraper to rival Empire State

A soaring new office building planned for midtown Manhattan has won the approval of New York City Council, despite objections from the Empire State Building's owners.

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footballFeaturing Bart Simpson
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Kelly Brook
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
'I’ll tell you what I would not serve - lamb and potatoes': US ambassador hits out at stodgy British food served at diplomatic dinners

'I’ll tell you what I would not serve - lamb and potatoes'

US ambassador hits out at stodgy British food
Radio Times female powerlist: A 'revolution' in TV gender roles

A 'revolution' in TV gender roles

Inside the Radio Times female powerlist
Endgame: James Frey's literary treasure hunt

James Frey's literary treasure hunt

Riddling trilogy could net you $3m
Fitbit: Because the tingle feels so good

Fitbit: Because the tingle feels so good

What David Sedaris learnt about the world from his fitness tracker
Saudis risk new Muslim division with proposal to move Mohamed’s tomb

Saudis risk new Muslim division with proposal to move Mohamed’s tomb

Second-holiest site in Islam attracts millions of pilgrims each year
Alexander Fury: The designer names to look for at fashion week this season

The big names to look for this fashion week

This week, designers begin to show their spring 2015 collections in New York
Will Self: 'I like Orwell's writing as much as the next talented mediocrity'

'I like Orwell's writing as much as the next talented mediocrity'

Will Self takes aim at Orwell's rules for writing plain English
Meet Afghanistan's middle-class paint-ballers

Meet Afghanistan's middle-class paint-ballers

Toy guns proving a popular diversion in a country flooded with the real thing
Al Pacino wows Venice

Al Pacino wows Venice

Ham among the brilliance as actor premieres two films at festival
Neil Lawson Baker interview: ‘I’ve gained so much from art. It’s only right to give something back’.

Neil Lawson Baker interview

‘I’ve gained so much from art. It’s only right to give something back’.
The other Mugabe who is lining up for the Zimbabwean presidency

The other Mugabe who is lining up for the Zimbabwean presidency

Wife of President Robert Mugabe appears to have her sights set on succeeding her husband
The model of a gadget launch: Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed

The model for a gadget launch

Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed
Alice Roberts: She's done pretty well, for a boffin without a beard

She's done pretty well, for a boffin without a beard

Alice Roberts talks about her new book on evolution - and why her early TV work drew flak from (mostly male) colleagues
Get well soon, Joan Rivers - an inspiration, whether she likes it or not

Get well soon, Joan Rivers

She is awful. But she's also wonderful, not in spite of but because of the fact she's forever saying appalling things, argues Ellen E Jones
Doctor Who Into the Dalek review: A classic sci-fi adventure with all the spectacle of a blockbuster

A fresh take on an old foe

Doctor Who Into the Dalek more than compensated for last week's nonsensical offering