Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced. The money the Facebook CEO lost is only one-fifth of his net worth, which has fallen to $70 billion. Zuckerberg has also slid to sixth place from third on the Bloomberg Billionaires... 

The gray eminence of US politics, billionaire financier George Soros, criticized President-elect Donald Trump, calling him a con man and would-be dictator. A supporter of liberal causes, Soros donated generously to Hillary Clinton’s presidential campaign. “I have described him as an imposter, a con man and would-be dictator,” Soros, the chairman of Soros Fund Management, told Bloomberg at the... 

The Bundesbank said it will ask German President Christian Wulff to dismiss board member Thilo Sarrazin after his remarks about Muslim immigrants and Jews damaged the central bank’s reputation. The board decided unanimously to apply to the President for Sarrazin’s dismissal, the Frankfurt-based Bundesbank said in an e-mailed statement today. It stripped Sarrazin of his responsibilities at the... 

Matt Simmons was on Bloomberg earlier, adding some additional perspective to his original appearance on the station, in which he initially endorsed the nuclear option as the only viable way to resolve the oil spill. Simmons refutes even the latest oil spill estimate of 45,000-60,000 barrels per day, and in quoting research by the Thomas Jefferson research vessel which was compiled late on Sunday,...