Stephen Schwarzman, the billionaire chairman of Blackstone Group LP, is setting up a $300 million scholarship for foreign students to attend China’s Tsinghua University, the alma mater of senior officials including President Xi Jinping.
President Barack Obama is leaving it to other U.S. officials to respond publicly to North Korea’s hostile rhetoric, as his administration balances a display of military resolve against the risk that its actions will escalate tensions with dictator Kim Jong Un.
Colin Powell says his erroneous address to the United Nations about Iraq having weapons of mass destruction provides a lesson to business leaders on the importance of staying skeptical and following their intuition.
Former Secretary of State Colin Powell , a Republican who supported Democratic President Barack Obama in the 2008 election, said he’s “not committed’ to supporting Obama or a specific Republican candidate in 2012.
Republican Senator Rob Portman of Ohio, voicing support for same-sex marriage with a personal note that his son is gay, joins a bipartisan movement toward a recognition of rights that many Americans are embracing.