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: Channel Five set to relocate

The creative types at Channel Five wondered what the impact would be of Richard Desmond's purchase of the company.

Osborne rebukes Fox over Trident

George Osborne delivered a public reprimand yesterday to Liam Fox, the Defence Secretary, over his demands for special help in paying the £20bn bill to renew Trident. The Chancellor told his Cabinet colleague that the cost would have to be fully met from the Ministry of Defence's core budget.

Dewar to leave Financial Services Authority

Sally Dewar, the managing director of risk at the UK Financial Services Authority, will leave the regulator in May 2011, becoming the second senior official this year to announce plans to depart.

Business Diary: The sort of office company you could do without

We like the idea of BT's Remote Worker Awards – "to recognise employers for their flexible working solutions and employees for showing that remote and home-based working can improve business productivity" – particularly now Claire Young, the former Apprentice contestant, has been signed up as a judge. From what we remember of her time on the show, having Claire working remotely, rather than sitting right next to you, would be ideal.

Chaos as Johnson shows CCTV to New York mayor

Boris Johnson showed New York's Mayor how he keeps London's streets safe today - but found himself caught up in a security tangle.

Gold predicts Premier League 'oblivion'

West Ham co-owner David Gold claims England's top-flight clubs are "spiralling towards oblivion" and has called for spending limits for Premier League sides.

New York hoping to repay money to scammed taxi customers

Thousands of people ripped off in a widespread scam by New York taxi drivers who illegally doubled the rate of their rides could get some money back, but that is less likely to happen for those who paid with cash and didn't keep their receipts, the city said yesterday.

9/11 rescue workers win compensation settlement

After years of fighting in court, lawyers representing New York City, construction companies and more than 10,000 ground zero rescue and recovery workers agreed to a settlement that could pay up to $657.5m to responders made ill by dust from the destroyed World Trade Centre.

Russian economy falls by 7.9 per cent in 2009

The Russian economy endured its worst performance for 15 years in 2009, figures published by the Federal Statistics Service (FSS) showed today.

IDC in talks over possible sale

Pearson, the education and media group that owns the Financial Times, yesterday confirmed it is reviewing the future of Interactive Data Corporation (IDC), its majority-owned financial data subsidiary, suggesting it could be sold.

Heat of the kitchen proves too much for Ramsay

The chef reveals his plans to spend more time in front of the television cameras and even less time in his restaurant empire.

The truth is out there: 12/12/2009

A weekly look at the world

King of New York: Michael Bloomberg

The billionaire had to drop his ambitions to be US president, but will have to settle for a third term as mayor of America's largest city

How iPhone apps can help save and manage your cash

From comparing retail prices to monitoring energy use, it seems the iPhone has an application for everything. Well, almost. Chiara Cavaglieri reports

Leading article: The Swedish standard

For years the Big Mac has led a double life. It's been feeding hungry people around the world, and its price has been a new gold standard of a sort, by which the real value of currencies has been judged. We have The Economist magazine to thank for this ingenuity.

voicesGood for Lana Del Rey for helping kill that myth, writes Grace Dent
The University of California study monitored the reaction of 36 dogs
sciencePets' range of emotions revealed
Life and Style
fashion Designs are part of feminist art project by a British student
Arts and Entertainment
The nomination of 'The Wake' by Paul Kingsnorth has caused a stir
Arts and Entertainment
The Tour de France peloton rides over a bridge on the Grinton Moor, Yorkshire, earlier this month
Snoop Dogg pictured at The Hollywood Reporter Nominees' Night in February, 2013
people... says Snoop Dogg
Life and Style
food + drinkZebra meat is exotic and lean - but does it taste good?
Arts and Entertainment
Residents of Derby Road in Southampton oppose filming of Channel 4 documentary Immigration Street in their community
voicesSiobhan Norton on why she eventually changed her mind
Career Services

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
Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements
Why do we have blood types?

Are you my type?

All of us have one but probably never wondered why. Yet even now, a century after blood types were discovered, it’s a matter of debate what they’re for
Honesty box hotels: You decide how much you pay

Honesty box hotels

Five hotels in Paris now allow guests to pay only what they think their stay was worth. It seems fraught with financial risk, but the honesty policy has its benefit
Commonwealth Games 2014: Why weight of pressure rests easy on Michael Jamieson’s shoulders

Michael Jamieson: Why weight of pressure rests easy on his shoulders

The Scottish swimmer is ready for ‘the biggest race of my life’ at the Commonwealth Games
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn