Chesapeake Partners Shuts Down Citing Government Regulation

Chesapeake Partners, a $1.4 billion hedge fund that bet on special situations including mergers, bankruptcies and spin-offs, is shutting down after an 18-month stretch of losses, as it blamed government regulation for making investing tougher.

Goldman Picks Its New Lieutenants

Goldman Sachs plans to elevate David Solomon and Harvey Schwartz to be top lieutenants to Chief Executive Lloyd Blankfein.

Fidelity wins whistleblower retaliation case by ex-employee

A U.S. jury on Tuesday sided with Fidelity Investments in rejecting a claim the mutual funds company retaliated against a former employee after she complained that it potentially defrauded investors by incorrectly calculating expenses.

Fidelity wins whistleblower retaliation case by ex-employee

A U.S. jury on Tuesday sided with Fidelity Investments in rejecting a claim the mutual funds company retaliated against a former employee after she complained that it potentially defrauded investors by incorrectly calculating expenses.