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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Giants Club: After wholesale butchery of Idi Amin's regime, Uganda’s giants flourish once again

Uganda's giants are flourishing once again

After the wholesale butchery of Idi Amin's regime, elephant populations are finally recovering
The London: After 350 years, the riddle of Britain's exploding fleet is finally solved

After 350 years, the riddle of Britain's exploding fleet is finally solved

Archaeologists will recover a crucial item from the wreck of the London which could help shed more light on what happened in the vessel's final seconds
Airbus has patented a jet that could fly from London to New York in one hour

Airbus has patented a jet that could fly from London to New York in one hour

The invention involves turbojets and ramjets - a type of jet engine - and a rocket motor
10 best sun creams for kids

10 best sun creams for kids

Protect delicate and sensitive skin with products specially formulated for little ones
Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin