Word: tycooning
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...Media tycoon RUPERT MURDOCH is an ardent supporter of a free press, as long as it doesn't cost him too much. Last week HarperCollins U.K.--a subsidiary of Murdoch's News Corp., which has considerable interests in China--suddenly dumped East and West, a memoir by former Hong Kong Governor CHRIS PATTEN that offers a frank and not always flattering assessment of the Chinese government. Though his editors were enthusiastic and though Patten signed a contract for $200,000, Murdoch took a dimmer view; a News Corp. statement said, "Murdoch did not agree with many of Patten's positions...
...Media tycoon Rupert Murdoch is an ardent supporter of a free press, as long as it doesn't cost him too much. Last week HarperCollins U.K. -- a subsidiary of Murdoch's News Corp., which has considerable interests in China -- suddenly dumped "East and West," a memoir by former Hong Kong governor Chris Patten that offers a frank and not always flattering assessment of the Chinese government. Though his editors were enthusiastic and though Patten signed a contract for $200,000, Murdoch took a dimmer view; a News Corp. statement said, "Murdoch did not agree with many of Patten's positions...
...just another unsuccessful millionaire-politician with an expensive taste for public service. But if she doesn't run, the Democractic nomination may be Checchi's to buy. That's because for the first time in its history, California's gubernatorial race will have two rules that favor a tycoon with no voter following. The first is an open primary, which means voters can cross party lines; the second is a $1,000-per-person limit on contributions to candidates, which means Checchi's $600 million personal fortune will come in handy when it comes time to pay for a statewide...
...living, or are you in farming?" What deep pockets can do for novice politicians is boost their familiarity and fund-raising chops for the next go-around. Forbes has emerged as a front runner for the G.O.P.'s presidential nomination in 2000. Mark Warner, a cellular-phone tycoon who plowed $10.3 million into his unsuccessful Virginia Senate bid, is the Democrats' hot prospect for Senator in 2000 or Governor in 2001. And Millner has a head start on patching things up with the farmers...
...Canosa, 58, a telecommunications tycoon, was the founding president of the Cuban American National Foundation, which transformed Cuban exile politics into a powerful mainstream lobby with sway over the White House. Mas Canosa died of lung cancer...