TANGLEY, England—Steve Schwarzman once said his business philosophy was to seek war. The Wall Street billionaire may have met his match in the chalk hills of southern England.…
Read more How Steve Schwarzman Landed in Hot Water With His British NeighborsInvestors bought up shares of Etsy Inc. on Thursday after the online crafts marketplace added to its board of directors a partner of hedge fund Elliott Investment Management…
Read more Etsy’s stock is having its best day in seven months after Elliott takes ‘sizable’ stakeJetBlue Airways Corp. and Spirit Airlines Inc. said late Friday that they have appealed a court ruling that earlier this week blocked their planned merger. JetBlue JBLU, -1.19%…
Read more JetBlue, Spirit Airlines appeal court ruling blocking their proposed mergerDistressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian,…
Read more Oaktree Capital calls commercial real estate ‘most acute area of risk’ right nowTOKYO (AP) — Asian shares slid Wednesday after a decline overnight on Wall Street and disappointing China growth data, while Tokyo’s main benchmark momentarily hit another 30-year high.…
Read more Hang Seng leads selloff for Asia stocks, with 4% slump after China dataChina’s Colossal Hidden-Debt Problem Is Coming to a Head Source link
Read more China’s Colossal Hidden-Debt Problem Is Coming to a HeadPrivate-equity funds aimed at wealthy individuals continue to draw in fresh capital as the universe of alternative investments grows beyond its roots serving endowments, pension funds and other…
Read more Why wealthy investors put $125 billion into this new type of private-equity fund last yearIt’s filing season for a string of major hedge funds, and big tech names like Apple, Microsoft, and Nvidia were among the most-traded equities in the third quarter.…
Read more Apple, Microsoft, Nvidia—What Tech Stocks Hedge Funds Are Buying and SellingA researcher at Two Sigma Investments adjusted the hedge fund’s investing models without authorization, the firm has told clients, leading to losses in some funds, big gains in…
Read more WSJ News Exclusive | Hedge Fund Two Sigma Is Hit by Trading ScandalI recently graduated with my master’s degree and am seeking full-time employment at age 53. I want to know what is the best way to invest some of…
Read more ‘For religious reasons, I cannot invest to earn interest’: I’m 53 and expect to earn $90,000 a year. Is it too late to start investing?Carnage in the bond market in September could tee up an opportunity for investors to earn big returns on U.S. government debt in a year. Owners of 10-year…
Read more How 10-year Treasurys could produce 20% returns, according to UBSPresident Joe Biden on Friday offered his support to the United Auto Workers, as he addressed their strike aimed at the Big Three auto makers. Auto companies have…
Read more UAW strike: Ford, GM, Stellantis record profits haven’t been shared fairly with workers, Biden saysStock investors are showing some hesitancy for Tuesday, with big signals on the economy coming this week via consumer prices and retail sales. Ahead of that, Apple is…
Read more The economy is doing better than anyone thinks, but these troubles are in the pipeline, says Bill AckmanShares of investment giant Blackstone Inc. and vacation-home rental platform Airbnb Inc. rallied after hours on Friday after both won the nod to join the S&P 500 index…
Read more Airbnb, Blackstone to join S&P 500, while Deere will replace Walgreens in S&P 100A consortium of groups representing the private funds industry filed a lawsuit against the Securities and Exchange Commission Friday in an attempt to block new rules that would…
Read more Private equity, hedge funds sue SEC over new disclosure rulesThe U.S. Labor Day holiday will mark another milestone in the marathon to bring workers back to the office, but it won’t be a quick fix for landlords,…
Read more Labor Day is just a ‘milestone’ in the marathon to get workers back to the officeBanc of California Inc.’s proposed agreement to acquire PacWest Bancorp. helped send regional-bank stocks considerably higher on Wednesday. But even after a two-day increase of 12% for its…
Read more Banc of California is expected to keep leading regional banks higher as PacWest deal ignites sectorOne of the hottest movies of the summer is the staggeringly good biopic “Oppenheimer,” about the man who oversaw the frantic race to develop the atomic bomb during…
Read more ‘Oppenheimer’ gives stock investors another reason to be bullish about nuclear energyWould Twitter have been better off to remain a public company rather than be taken private by Elon Musk? We’ll never know for sure, of course. But it’s…
Read more Should Twitter have rejected Musk’s offer and remained publicly traded?“‘Icahn’s favorite Wall Street saying: “If you want a friend, get a dog.” Over his storied career, Icahn has made many enemies. I don’t know that he has…
Read more Bill Ackman resurrects billionaire feud, saying Carl Icahn needs a friend. Icahn’s company’s stock tumbles 21%.
