White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
NY concert with Goldman Sachs chief, The Chainsmokers to be investigated over 'egregious' social-distancing violations: Cuomo
Gov. Cuomo investigating Hamptons charity concert with Goldman Sachs boss David Solomon and the Chainsmokers over social distancing violations.
Goldman Sachs revamps employee reviews, opening door to greater job cuts
Goldman Sachs Group Inc is adopting a performance review system that will grade up to 10% of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years.
Universal Studios canceling their famous 'Halloween Horror Nights'
Fox Business Briefs: Theme park announces that its annual Halloween event will be canceled due to operating restrictions linked to the coronavirus pandemic.
'Capital war' possible if US bans investment in China or withholds bond payments: Ray Dalio
In an interview with "Sunday Morning Futures" host Maria Bartiromo, Bridgewater Associates Founder Ray Dalio warned of a potential capital war if the United States government bans investment in China or withholds its bond payments to the country.
How Blackstone CEO Stephen Schwarzman's $330M mistake improved the company's investment process
In 1989, Blackstone CEO Stephen Schwarzman approved the $330 million purchase of steel company Edgcomb, which ended up being a costly mistake for the private equity firm.
Investor anxiety turns to greed, driving risky market 'melt-up'
Some analysts see recent signs of a "melt-up" in which investors are buying things simply because they are rising, with little regard for economic fundamentals or the mixed signals sent by assets including stocks and bonds rising together.
Hedge fund to pay $312M for McClatchy newspaper chain
Chatham said Friday that it plans to offer employees at the 30-newspaper chain their current jobs with the same pay and benefits, and it will honor collective bargaining agreements.
Ex-Bridgewater Associates Co-CEO Eileen Murray sues firm
Former Bridgewater Associates co-Chief Executive Eileen Murray filed suit against her ex-employer on Friday, alleging Bridgewater is withholding $20 million to $100 million in deferred compensation because she has disclosed a gender-discrimination dispute she is involved in with the firm.
Bridgewater Associates lays off several dozen employees
Bridgewater, the world’s largest hedge fund, made cuts in its research department and client-services team as well as among its recruiters
Amazon accused of stealing ideas from start-ups; Disney makes changes to movie schedule
Fox Business Briefs: E-commerce giant Amazon accused of stealing ideas from start-ups that it invested in before launching competing products.
Goldman Sachs reaches $3.9B settlement in 1MDB money-laundering case
Goldman has agreed to pay the government of Malaysia $2.5 billion and to guarantee that it gets at least $1.4 billion in proceeds from assets that have been seized around the globe.
Jennifer Lopez, Alex Rodriguez invest in Viagra startup to help in Mets deal
Alex Rodriguez and Jennifer Lopez are investing in a Viagra-selling wellness startup.
Warren Buffett beefs up Bank of America stake
Warren Buffett's Berkshire Hathaway is building a bigger Bank of America stake
Why Mark Cuban's investment in childhood allergy prevention company hits close to home
Helping to prevent food allergies in children is a personal endeavor for celebrity investor and entrepreneur Mark Cuban.
Tesla surprises Wall Street by making a profit in its spring quarter
Fox Business Briefs: Tesla's second quarter profit surprises Wall Street and CEO Elon Musk says the company will build its second U.S. assembly plant near Austin, Texas.
Looking for the best stocks to buy during a recession? Here's what Warren Buffett recommends
The future is uncertain, and it can be tough to manage your investments during times like these.
Bill Ackman responds to critics of 'hell is coming' TV interview and $2.6B windfall
Hedge fund manager Bill Ackman was accused of playing up coronavirus fears after making a $27 million bet against the market.
Bill Ackman: ‘I really blame CNBC’ for ‘Hell is coming’ controversy
Bill Ackman lashed out at CNBC on Wednesday after anchors prodded him about his controversial appearance on the cable network this spring during the early days of the coronavirus.
Boeing 737 Max is still months away from flying
Fox Business Briefs: The FAA might wait until early November before recertifying the plane again, says the Wall Street Journal.
Winn-Dixie reverses its decision on masks; one of the web's oldest businesses has a new owner
Fox Business Briefs: Winn-Dixie will now require face masks as its parent company Southeastern Grocers says the mandate is for the safety of its customers, workers, and communities.




















