Lewis Katz, a parking, billboard and sports mogul who through the years owned the New Jersey Nets basketball team, New Jersey Devils hockey team and, most recently, the Philadelphia Inquirer newspaper, has died. He was 72.
Stock markets are down. Europe is gyrating. Cash generates minuscule returns. Commodities, especially gold, can soar or tumble in an instant. In these perplexing times, Bloomberg Markets magazine in its January issue asked 10 billionaires 14 questions covering their views on the global economy, where they see opportunities and who gave them the best advice.