Cascade Investment LLC, a company owned by Bill Gates, agreed to buy the Four Seasons Hotel Houston from Maritz, Wolff & Co. to capitalize on rising lodging demand tied to the region’s energy business.
U.S. automakers would endorse four more years with profits like those this week. A second term for President Barack Obama, who made saving General Motors Co. a campaign pillar, hinges on whether voters give him the credit.
Bill Gates is leading a group of U.S. investors committing $1 billion for a stake in construction and fertilizer company OCI NV in one of Egypt’s largest foreign currency inflows since the 2011 uprising.
Stan Zuzic , one of Harvard University’s top-paid endowment managers, quit and joined the firm that oversees investments for Microsoft Corp. Chairman Bill Gates and the Bill and Melinda Gates Foundation.
Carlos Slim ’s Mexican holdings from mining to communications helped him beat Bill Gates and Warren Buffett on the stock market for the second straight year, and gains in 2011 may widen his lead atop the global wealth list.
Coca-Cola Femsa SAB , the largest Coca-Cola bottler by volume, is outpacing parent Fomento Economico Mexicano SAB by the widest margin in five years as Bill Gates and other investors seek more exposure to developing nations.
Canada’s two biggest railways are under pressure from government and customers to reduce delays, with investors profiting from Canadian National Railway Co.’s performance and losing on Canadian Pacific Railway Ltd.