Jack Welch, the former CEO of General Electric, is said to be apoplectic about the mounting problems faced by the once high-flying conglomerate, according to friends and associates who spoke to FOX Business.
There is bad blood between the two CEOs who once ran General Electric.
The survival of a controversial tax loophole that helps the private equity business save billions began with an intense lobbying effort by the industry and ended–at least according to some Washington insiders–with an attempted compromise brokered by an unlikely source, the FOX Business Network has learned.
The Justice Department is turning to some of the nation's biggest media and telecom companies to aid in its effort to block AT&T's proposed takeover of Time Warner, asking lawyers and officials from these outfits whether the companies' executives would consider becoming government witnesses when the case goes to trial, the FOX Business Network has learned.
President Trump has told associates in recent days that he believes he will soon be cleared in the Special Prosecutor’s probe of Russian meddling in the 2016 election, FOX Business has learned.
Major League Baseball is moving to formally approve Derek Jeter’s bid to purchase and run the Miami Marlins, with a owners vote being scheduled in the coming days that would solidify the former Yankee great’s post-baseball dream of owning a team, the FOX Business Network has learned.
Harvard Business School is known for its case studies, so here’s one it should assign students asap: You have a product and every time you do a big sale, say on a Sunday afternoon, you alienate anywhere between half to three quarters of your customers.
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.