Ellison Becomes Latest Billionaire Island Owner

June 21 (Bloomberg) -- Bloomberg's Betty Liu reports that Oracle Corp. CEO Larry Ellison is purchasing 98 percent of the Hawaiian island Lanai. Ellison joins the ranks of billionaires owning their own islands along with Virgin Group co-founder Richard Branson and Microsoft founder Bill Gates. She speaks on Bloomberg Television's "In The Loop."

Is U.S. Economy Closer to Recession Than We Think?
22:57 - David Zervos, chief market strategist at Jefferies, and Bloomberg Intelligence's Richard Yamarone discuss the risk of the United States entering a recession and the health of the U.S. economy. They speak on "Bloomberg ‹GO›." (Source: Bloomberg)
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