Larry Ellison

Billionaire Larry Ellison won the yachting prize in 2010 and brought it back to the United States. Photo: Reuters

Union 'fat cat' stands up for working man’s America’s Cup

Contenders for the 34th America’s Cup have filled miles of prized San Francisco waterfront property with their yachts and tents and built villages of stores and cafes for a summer of racing that has been heralded as a boon to the local economy.