Hedge fund billionaires Wesley Edens and Marc Lasry have agreed to acquire the NBA’s Milwaukee Bucks for about $550 million.
Fasten your seat belts. The second quarter is expected to be a bumpy ride.
Bernie Madoff's office help is looking at jail time for their roles in the fraud. But the bankers and feeder fund honchos who contributed most to the scam will never see a day in prison.
As activist investors continue to flex their muscle in boardroom battles, a recent analysis suggests they often leak their plans to allied investors who can cash in before the public is able to.
Herbalife announced it has agreed to give billionaire investor Carl Icahn three additional board seats, sending the controversial nutrition company’s stock 5% higher.
Hedge fund giant Fortress Investment Group is doubling down on its investment in volatile digital currencies despite losing some money in Bitcoin last year.
FOX Business Network announced Tuesday it will launch a new market-hours program hosted by anchor Deirdre Bolton on March 31.
Another member of Steven A. Cohen’s team at the hedge fund formerly known as SAC Capital Advisors has been charged with illegal insider trading.
Gangsters facing lengthy jail time broke their silence decades ago, but the tradition appears to be alive and well among former employees of SAC Capital.
In an open letter to shareholders the activist investor said he will no longer push Apple to consider his proposal to return more cash to shareholders.