Ronald Lauder News
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A Picasso painting was among early sales as Ronald Lauder, Kanye West and Sheikh Saud al Thani were among VIPs browsing the world’s biggest art and antiques fair.
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As wet snow started falling around 11 p.m. yesterday, an art party was just ending at the Ace Hotel in Manhattan with the help of a performer who calls himself Jealous Orgasm.
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Central European Media Enterprises Ltd., the eastern European broadcaster co-owned by Time Warner Inc., said its fourth-quarter net loss widened as TV ad markets continued to weaken and the company’s impairment charge increased almost eightfold.
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A network of Jewish Republicans, including billionaire Sheldon Adelson and veterans of President George W. Bush’s administration, is spearheading an effort to peel Jewish voters away from President Barack Obama.
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Central European Media Enterprises Ltd., the TV broadcaster, is receiving $386.4 million in financing from Time Warner Inc. and billionaire Ronald Lauder to pay debts coming due starting in 2013.
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U.S. billionaire Ronald Lauder, a shareholder in cosmetics maker Estee Lauder Cos., invested about 12 billion rubles ($423 million) for a stake in a hotel venture with Moscow’s city government, Vedomosti reported.
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“It’s the music,” said James Wolfensohn last night over hummus.
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Central European Media Ltd., which operates TV channels in eastern Europe, said its first-quarter net loss narrowed 36 percent as debt interest expenses declined.
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“It’s ok to applaud for the Yankees,” Greenlight Capital Inc.’s David Einhorn said this morning at Cipriani 42nd Street.
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Wilbur Ross of WL Ross & Co. and his wife, author Hilary Geary Ross, helped host a fundraising dinner last night to support the restoration of Blenheim Palace in Woodstock, England, the birthplace of Winston Churchill.
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