Kasich beats Strickland in Ohio governor’s race

Former Rep. John Kasich has defeated Gov. Ted Strickland in Ohio and given Republicans control of a state considered crucial to the 2012 presidential election.

The 58-year-old Kasich defeated Strickland with attacks over the loss of 400,000 jobs. The Democratic governor pointed to national economic factors and declining unemployment without success.

The new governor will help lead redistricting in the battleground state.

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The fight hurt both Strickland and Lt. Gov. Lee Fisher,who led the administration’s early job creation efforts. Fisher lost his bid for U.S. Senate Tuesday.

Kasich fought Strickland’s attacks on his record as a managing director at Lehman Brothers,the failed investment bank. He promised to bring a more business-minded approach to the state’s economy.

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Oracle’s Larry Ellison topples Elon Musk to become the richest man in the world

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Oracle CTO Larry Ellison has surpassed Elon Musk to become the richest person in the world, with a net worth of $393 billion. This is due to a surge in Oracle's stock after strong quarterly results. Most of Ellison's wealth is tied to the company, where he serves as chairman and CTO.

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