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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Prices correct as of 23 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee
World War Z author Max Brooks honours WW1's Harlem Hellfighters in new graphic novel

Max Brooks honours Harlem Hellfighters

The author talks about race, legacy and his Will Smith film option to Tim Walker