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Paul Allen gaining respect with sports, real estate moves

Paul Allen, the lesser known co-founder of Microsoft Corp, has struggled for decades to make his mark as a business mogul beyond the software company he started with Bill Gates.Since he quit Microsoft in 1983, the quiet Seattle native has lost billions of dollars on ill-conceived or mistimed technology investments, and he has been mocked as a juvenile playboy manquÛÛ for spending lavishly on giant yachts and off-beat projects like a Frank Gehry-designed rock museum.But in recent years, Allen's ventures in decidedly low-tech sectors ÛÛÛ sports teams, commercial real estate and energy pipelines ÛÛÛ have come to look prescient.Together with a new round of tech investments and an ambitious philanthropy program, they may yet establish Allen as much more than Gates' lucky junior partner.Allen's NBA Portland Trail Blazers and NFL Seattle Seahawks, both purchased years ago for what appeared to be non-business reasons, are now worth many times what he paid for them. Even his part-ownership of t...

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  1. Startup America Looks to Create Jobs

    'Startup America' Founding Board Member Carl Schramm on the administration's efforts to boost job creation.

  2. AT&T Executive: Would Welcome Regulatory Changes To Boost China Competition

    BEIJING -(Dow Jones)- AT&T Inc. (T) would welcome regulatory changes to boost competition in China and other markets in Asia, and it would review boosting its stake ...

  3. US Trade Officials To Urge Small Businesses To Export

    WASHINGTON -(Dow Jones)- Top U.S. trade officials plan to spread out across the country this year to recruit small business owners in the administration's effort to ...

  4. Corporate CEOs to Meet With China's President

    More than a dozen chief executives from firms such as Goldman Sachs Group Inc. (GS) Lenovo Group Ltd. (LNVGY) and Boeing Co. (BA) will meet with U.S. President Barac...

  5. Government Stifling Innovation

    Acacia Research CEO Paul Ryan discusses why government regulation is hurting American innovation.

  6. China to Appeal WTO Tire Ruling

    China plans to appeal a World Trade Organization ruling that the U.S. was entitled to impose extra safeguard duties on Chinese tires, the Ministry of Commerce said o...

  7. Commerce Dept.: U.S. Should Make Changes to Wireless Spectrum

    The Commerce Department recommended on Monday that some airwaves used by federal agencies be freed up to address the burgeoning use of wireless devices.The Obama adm...

  8. US Lays Out Strategy for Doubling Exports in 5 Years

    The Obama administration laid out details of a strategy to double U.S. exports over five years Thursday, recommending ways to boost commerce but steering clear of ti...

  9. US union files case on China clean energy practices

    WASHINGTON, Sept 9 (Reuters) - The United Steelworkersunion on Thursday asked President Barack Obama's administrationto investigate Chinese policies and practices it...

  10. US union to file clean energy case versus China

    WASHINGTON (Reuters) - The United Steelworkersunion said Wednesday it planned to file a comprehensivetrade case against "protectionist and predatory practices" usedb...

  11. U.S. lays out plan to strengthen anti-dumping regime

    By Doug PalmerWASHINGTON (Reuters) - The United States on Thursday announced plans to toughen rules against what it sees as unfair foreign trade practices, proposing...

  12. EXCLUSIVE-U.S. plans to strengthen anti-dumping trade regime

    By Doug PalmerWASHINGTON (Reuters) - The U.S. Commerce Department plans to toughen rules against what it sees as unfair foreign trade practices that threaten U.S. jo...

  1. Geithner slams China's intellectual property policies

    WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Thursday that China is holding to its decades-old strategy to steal American intellectual property...

  2. U.S. ambassador urges China to lower trade barriers

    By Michael MartinaBEIJING (Reuters) - China must reduce barriers to foreign companies if it is to meet its own development goals, the U.S. ambassador said in Beijing...

  3. China eases government procurement rules after U.S. pressure

    BEIJING (Reuters) - China will drop some of the "indigenous innovation" rules for government purchases that have riled foreign companies, the Ministry of Finance ann...

  4. Obama Nominates Bryson Commerce Secretary

    President Barack Obama will nominate former Edison International chief executive John Bryson Tuesday to be the next Commerce secretary, filling an important trade jo...

  5. Foreign firms bidding for China contracts face uneven playing

    By Michael MartinaBEIJING (Reuters) - Foreign companies bidding for public projects in China , valued at $1 trillion a year, face a sharply tilted playing field, a E...

  6. Obama's Search for Commerce Secretary Could Snag Google's Schmidt

    To fill a new void at the top of the Commerce Department , the White House is reportedly thinking about tapping Google (NASDAQ:GOOG) CEO Eric Schmidt or former Pfize...

  7. Motorola CEO on Japan, President Obama

    Motorola Solutions CEO Greg Brown on meeting President Obama to discuss reorganizing trade operations.

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