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...
All-Star panel weighs in
Donald Trump details meeting with GOP presidential hopeful, sounds off on alleged role as would-be 2012 'king-maker' and more
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Thursday that China is holding to its decades-old strategy to steal American intellectual property...
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...
BEIJING (Reuters) - China will drop some of the "indigenous innovation" rules for government purchases that have riled foreign companies, the Ministry of Finance ann...
President Barack Obama will nominate former Edison International chief executive John Bryson Tuesday to be the next Commerce secretary, filling an important trade jo...
'Startup America' Founding Board Member Carl Schramm on the administration's efforts to boost job creation.
FBN's Jeff Flock reports on Penske's interest in bidding on Saturn.
Commerce Secretary Gary Locke on America's export initiative.
National Economic Summit: U.S. Secretary of Commerce Gary Locke sits down with Alexis Glick and talks about the future of small business and the pitfalls of protectionism.
Former NY Gov. George Pataki, on health care and President Obama's speech.
U.S. Secretary of Commerce Gary Locke on how health-care reform will impact businesses.
What should the US expect from the upcoming leadership changes in China? Is the US expanding the covert war in North Africa? Plus could Iran sanctions spark domestic uprisings?
Panelists Mark Hannah and Dee Dee Benkie talk about recall results in the blue collar state
Will he come to U.S.?
Overseas study could end diplomatic standoff
Chen Guangcheng, a Chinese dissident lawyer arrested for suing the regime over forced abortions and sterilizations, is now pleading for asylum after being handed by U.S. officials over to Chinese authorities.
What were his motives?