Private equity firms were high-fiving Tuesday afternoon when Treasury Secretary Steven Mnunchin suggested that the industry would be able to fully retain a lucrative but controversial tax loophole, under a budget and tax proposal being considered by the Trump administration.
Derek Jeter’s dream of running a baseball team could be nearing reality as he and a group of well-heeled investors have signaled that they have reached s a “handshake agreement” with Miami Marlins owner Jeffrey Loria to purchase the struggling baseball team for as much as $1.2 billion, FOX Business has learned.
The mystery bidder that has emerged in the sale of the Miami Marlins, billionaire Jose Mas, will likely decide by next week whether he will agree to purchase the struggling baseball franchise.
Some say former Vice President Joe Biden is too old to run for president in 2020, but he still knows how to throw a verbal punch -- just ask financier Bill Ackman.
Whether your a retired all-star shortstop or the son of a political dynasty raising hard cold cash is no easy task.
Wall Street firm Cantor Fitzgerald finds itself in a sticky political situation.
In his first public remarks, Bush addresses the Bush-Jeter bid for the Miami Marlins.
Derek Jeter and Jeb Bush will be tapping their wealthy contacts to raise some serious cash if they want to win the Miami Marlins.
An investment team led by former New York Yankees star Derek Jeter and former Florida Governor Jeb Bush have been declared the “preferred bidder” to purchase the Miami Marlins baseball team, FOX Business has learned.
Politicos, hedge funds and a hall of famer may be going to bat for the Miami Marlins baseball team.
After a week of political back-biting, an uneasy calm has descended over the White House as President Trump makes clear he’s inclined, for now, to keep his senior management team in place even as he downgrades the status of one key adviser, and continues to hold in limbo the future of another, FOX Business has learned.
It's opening week for Major League Baseball and a multibillion-dollar bidding war could soon start over one of the worst franchises in the sport.
Trump economic adviser Gary Cohn, known for his brash, confrontational management style, now wants to show certain members of the media that he has a kinder, gentler side.
Hedge fund impresario John Paulson, struggling from losses and investor outflows in 2016, has drastically slashed bonuses to top executives at his once high-flying investment firm, the Fox Business Network has learned.
The conservative revolt inside the House of Representatives is steamrolling President Trump’s revamp of ObamaCare, known as the American Health Care Act, and possibly along with it the man in charge getting the bill through Congress: House Speaker Paul Ryan.
Personal attorneys working for President Trump are weighing possible legal action against the cable news network MSNBC and a private journalist for reporting a portion of the president’s 2005 tax returns, a move the Trump legal staff believes could have violated federal privacy laws, the FOX Business Network has learned.
A bitter policy fight between two of President Trump’s top aides that began with disagreements over trade policy has now expanded into other areas of the White House’s economic agenda, setting the stage for the first major showdown between senior officials of the nascent administration, the FOX Business Network has learned.
The longtime GE chief is facing criticism from unhappy and influential shareholders.
Breitbart News, the conservative news outlet that gained a reputation for being associated with fringe, right-wing politics also known as the alt right, may be changing at least some of its stripes, the FOX Business Network has learned.
Liberals who have long considered Milo Yiannopoulos the embodiment of the true racist nature of modern conservatism are having a schadenfreude moment over his latest controversy (this time on the subject of underage sex) that has now led to his ouster from Breitbart News, a publication that long supported and endorsed his provocative and sometimes tasteless brand of commentary.