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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'New Tricks' star Dennis Waterman is departing from the show after he completes filming on two more episodes
tvOnly remaining original cast-member to leave crime series
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Frank Lampard and his non-celebration
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Esteban Cambiasso makes it 3-3
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Mario Balotelli celebrates his first Liverpool goal
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Britain's shadow chancellor Ed Balls (L) challenges reporter Rob Merrick for the ball during the Labour Party versus the media soccer match,
peopleReporter left bleeding after tackle from shadow Chancellor in annual political football match
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Female fans want more explicit male sex in Game of Thrones, George R R Martin says
tvSpoiler warning: Star of George RR Martin's hit series says viewers have 'not seen the last' of him/her
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Dame Vivienne Westwood has been raging pretty much all of her life
peopleFirst memoir extracts show she 'felt pressured' into going out with the Sex Pistols manager
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Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam