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

Lex Fenwick leaves Dow Jones as chief executive

William Lewis named interim CEO as News Corp plans to review Dow Jones’ institutional strategy

Amazon plans to ship customers' packages before they even order them

A patent filed by the e-commerce giant last December reveals the plan for 'anticipatory shipping' - using big data to predict what customers will buy

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

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

'I lack a spoilt child to run the business': Hi-fi tycoon Julian Richer to leave company to his staff

54-year-old  has a reputation for treating his staff well

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".

Wall Street beats the City in bidding war to run Libor

The New York Stock Exchange yesterday beat off the London Stock Exchange in the bidding to run the disgraced Libor benchmark, triggering howls of protest in the UK at yet another "capitulation" to the might of Wall Street.

Glencore chief strengthens board

Glencore Xstrata's chief executive, Ivan Glasenberg, has announced three new appointments to the board of the wheat trading-to-coal mining empire, including the veteran Wall Street banker John Mack.

Narendra Modi, chief minister of Gujarat state, gestures on the podium

Is Mr Modi the man for India?

Narendra Modi isn't actually standing for election as Indian Prime Minister yet, although you'd be forgiven for thinking otherwise. Since the main opposition party Bharatiya Janata Party (BJP) announced he will be leading its election campaign, the world media has been busy sizing up his leadership potential.

Here is the news from Bloomberg: we made an inexcusable mistake

Bloomberg has had to grovel after the financial news agency let its reporters access clients' information. Gideon Spanier examines the repercussions

Nicolas Sarkozy officially retired from public life after last year’s election defeat

Nicolas Sarkozy: 'I would return to politics to save France'

The former president Nicolas Sarkozy says that France is plunging into a deep financial and social crisis which will eventually demand a national saviour – himself.

Buyout firms near to Twinkies deal

The private equity firms Apollo Global Management and C Dean Metropoulos are believed to be near a deal to buy snack cake brands including Twinkies and Donettes from the bankrupt Hostess Brands. A deal, part of Hostess's bankruptcy reorganisation, is not yet final.

James Moore: And you thought the OBR's forecasts were meant to be right?

Outlook Remember when the Office for Budget Responsibility was set up? There was a big song and dance about how it would provide clean and independent fiscal forecasts that would help to prevent governments from fiddling the figures, an accusation repeatedly levelled at Gordon Brown's administration – and most of its predecessors at some point.

Mayor Bloomberg has an eye on the FT

Michael Bloomberg, the billionaire Mayor of New York, is considering whether to make a bid for the Financial Times, amid renewed speculation that the paper's owner, Pearson, will be ready to sell soon.

David Blanchflower: Obama's win shows the numbers always count

Economic Outlook: We will teach about the failures of forecasters for years in statistics
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Isis is an hour from Baghdad, the Iraq army has little chance against it, and air strikes won't help

Isis an hour away from Baghdad -

and with no sign of Iraq army being able to make a successful counter-attack
Turner Prize 2014 is frustratingly timid

Turner Prize 2014 is frustratingly timid

The exhibition nods to rich and potentially brilliant ideas, but steps back
Last chance to see: Half the world’s animals have disappeared over the last 40 years

Last chance to see...

The Earth’s animal wildlife population has halved in 40 years
So here's why teenagers are always grumpy - and it's not what you think

Truth behind teens' grumpiness

Early school hours mess with their biological clocks
Why can no one stop hackers putting celebrities' private photos online?

Hacked photos: the third wave

Why can no one stop hackers putting celebrities' private photos online?
Royal Ballet star dubbed 'Charlize Theron in pointe shoes' takes on Manon

Homegrown ballerina is on the rise

Royal Ballet star Melissa Hamilton is about to tackle the role of Manon
Education, eduction, education? Our growing fascination with what really goes on in school

Education, education, education

TV documentaries filmed in classrooms are now a genre in their own right
It’s reasonable to negotiate with the likes of Isis, so why don’t we do it and save lives?

It’s perfectly reasonable to negotiate with villains like Isis

So why don’t we do it and save some lives?
This man just ran a marathon in under 2 hours 3 minutes. Is a 2-hour race in sight?

Is a sub-2-hour race now within sight?

Dennis Kimetto breaks marathon record
We shall not be moved, say Stratford's single parents fighting eviction

Inside the E15 'occupation'

We shall not be moved, say Stratford single parents
Air strikes alone will fail to stop Isis

Air strikes alone will fail to stop Isis

Talks between all touched by the crisis in Syria and Iraq can achieve as much as the Tornadoes, says Patrick Cockburn
Nadhim Zahawi: From a refugee on welfare to the heart of No 10

Nadhim Zahawi: From a refugee on welfare to the heart of No 10

The Tory MP speaks for the first time about the devastating effect of his father's bankruptcy
Witches: A history of misogyny

Witches: A history of misogyny

The sexist abuse that haunts modern life is nothing new: women have been 'trolled' in art for 500 years
Shona Rhimes interview: Meet the most powerful woman in US television

Meet the most powerful woman in US television

Writer and producer of shows like Grey's Anatomy, Shonda Rhimes now has her own evening of primetime TV – but she’s taking it in her stride
'Before They Pass Away': Endangered communities photographed 'like Kate Moss'

Endangered communities photographed 'like Kate Moss'

Jimmy Nelson travelled the world to photograph 35 threatened tribes in an unashamedly glamorous style