China's per capita consumption of antibiotics—often misprescribed—is ten times higher than Americans. Health authorities have launched a campaign to curb dangerous overuse.
Labor groups get a 13.5 percent stake in the new airline, but whether pilots cash in depends on pending tax decisions and other factors
His former chief economic adviser calls for a trillion-dollar-plus stimulus based on infrastructure investment
Internet gate-keeper ICANN is expanding the number of top-level domains in 2014. Businesses that settled for clunky names can start reserving better versions
Hedge funds are badly trailing the broader market, which makes their fees and restrictions less palatable to investors
A Dell executive turned entrepreneur is cleaning up by exporting Made-in-USA air purifiers to people in polluted Chinese cities
Pitting Team U.S.A. against a top-seeded tiger such as Germany could lead to carnage, but it sounds like a battle made for TV
Northwestern's Kellogg School of Management reclaims the top stop after a two-year absence
Immigrant entrepreneurs and companies with intellectual property are more likely to hire
photo by Nikishin/getty Images
President, Onexim Group
Est. Net Worth: $17.9 billion
Businesses: Metals, gold, real estate
Latest Deal: New Jersey Nets
Prokhorov may become the first Russian owner of a U.S. basketball team. The 6-foot-7-inch magnate is awaiting NBA approval of his proposed $200 million purchase of 80% of the New Jersey Nets and 45% of the team's planned arena in Brooklyn. (He would also assume 80% of the team's estimated $207 million debt and fund up to $60 million in future Nets losses.) Prokhorov intends to do more acquisitions in the U.S., likely in energy and nanotechnology, and aims to build Russia's first electric car. He fared better than most of his fellow oligarchs in the crisis after selling his 25% stake in Norilsk Nickel, the world's No. 1 nickel miner, for $7 billion and a 14% stake in aluminum producer Rusal in 2008. The bachelor, who practices kickboxing, likes to party in Moscow nightclubs.