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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Brendan Rodgers is confident that Sterling will put pen to paper on a new deal at Anfield
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Lucerne’s Hotel Château Gütsch, one of the lots in our Homeless Veterans appeal charity auction
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A woman walks by a pandal art installation entitled 'Mars Mission' with the figure of an astronaut during the Durga Puja festival in Calcutta, India
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Jo from Northern Ireland was less than impressed by Russell Brand's attempt to stage a publicity stunt

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Jimmy Mubenga died after being restrained on an aircraft by G4S escorts
voicesJonathan Cox: Tragedy of Jimmy Mubenga highlights lack of dignity shown to migrants
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When teaching the meaning of Christmas backfires

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Calls for a military mental health 'quality mark'

Homeless Veterans campaign

Expert calls for military mental health 'quality mark'
Racton Man: Analysis shows famous skeleton was a 6ft Bronze Age superman

Meet Racton Man

Analysis shows famous skeleton was a 6ft Bronze Age superman
Garden Bridge: St Paul’s adds to £175m project’s troubled waters

Garden Bridge

St Paul’s adds to £175m project’s troubled waters
Stuff your own Christmas mouse ornament: An evening class in taxidermy with a festive feel

Stuff your own Christmas mouse ornament

An evening class in taxidermy with a festive feel
Joint Enterprise: The legal doctrine which critics say has caused hundreds of miscarriages of justice

Joint Enterprise

The legal doctrine which critics say has caused hundreds of miscarriages of justice
Freud and Eros: Love, Lust and Longing at the Freud Museum: Objects of Desire

Freud and Eros

Love, Lust and Longing at the Freud Museum
France's Front National and the fear of a ‘gay lobby’ around Marine Le Pen

Front National fear of ‘gay lobby’

Marine Le Pen appoints Sébastien Chenu as cultural adviser
'Enhanced interrogation techniques?' When language is distorted to hide state crimes

Robert Fisk on the CIA 'torture report'

Once again language is distorted in order to hide US state wrongdoing
Radio 1’s new chart host must placate the Swifties and Azaleans

Radio 1 to mediate between the Swifties and Azaleans

New chart host Clara Amfo must placate pop's fan armies
Homeless Veterans appeal: 'It's life, and not the Forces, that gets you'

Homeless Veterans appeal: 'It's life, and not the Forces, that gets you'

The head of Veterans Aid on how his charity is changing perceptions of ex-servicemen and women in need
Torture: It didn't work then, it doesn't work now

Torture: It didn't work then, it doesn't work now

Its use is always wrong and, despite CIA justifications post 9/11, the information obtained from it is invariably tainted, argues Patrick Cockburn
Rebranding Christmas: More public bodies are refusing to give the festival its name for fear of causing offence

Rebranding Christmas

More public bodies are refusing to give the festival its name for fear of causing offence. They are missing the point, and we all need to grow up
A Greek island - yours for the price of a London flat

A sun-kissed island - yours for the price of a London flat

Cash-strapped Greeks are selling off their slices of paradise
Pogues could enjoy fairytale Christmas No 1 thanks to digital streaming

Pogues could enjoy fairytale Christmas No 1 thanks to digital streaming

New system means that evergreen songs could top the festive charts
Prince of Wales: Gruff Rhys on his rock odyssey, and the trouble with independence

Prince of Wales: Gruff Rhys

He is a musician of wondrous oddity. He is on a perpetual quest to seek the lost tribes of the Welsh diaspora. Just don't ask Gruff Rhys if he's a national treasure...