A coterie of wealthy people are rallying behind the politically sensitive agenda of governor, Bruce Rauner, The New York Times reports.» Read More
Investor Carl Icahn is calling for AIG to split into three companies in a new letter, reports CNBC's David Faber.
In a candid letter to investors, the hedge fund manager apologized for a year-to-date loss in his flagship fund of more than 20 percent.
CNBC's Kate Kelly compares Glenview's performance as the hedge fund hits a 20 percent loss for the year.
Ken Frazier discussed drug pricing with the president, and he believes many in Washington have a "rational" view of the situation.
Indian budget airline IndiGo is likely to reap the rewards of its low cost base when it launches an expected $465 million IPO on Tuesday.
Elections in Argentina this weekend heralded the end of President Kirchner's rule. Analysts forecast this will propel negotiations with unpaid creditors.
Seven of the world's largest fund managers lost more than half a trillion dollars in the third quarter. The FT reports.
Adam Wyden, ADW Capital Management CIO & founder talks about why he's betting on Fiat Chrysler.
The head of Malaysia's scandal-hit 1MDB has slammed "spurious" claims that it is holding back crucial information, the FT reports.
Hedge funds are getting hurt after Citron Research released a report bringing Valeant's business practices into question, with CNBC's Kate Kelly.
David Einhorn's letters are revered by investors for their transparency and nuggets of wisdom. The latest missive did not disappoint.
Poor performance weighed heavily on the industry, causing the biggest net loss in capital since the fourth quarter of 2008.
Deutsche Bank mistakenly paid $6B to a hedge fund client.
The shakeout in emerging markets may have claimed the scalp of one of Wall Street's most successful investors, a report said.
Liongate is the second major hedge fund group to go as it faced a volatile market in recent months. Financial Times reports.
CNBC's Seema Mody reports on Yum Brands appointing activist investor and Corvex Capital founder Keith Meister to its board.
The group is headed for its worst full-year returns in four years.
Fortress Investment Group is shutting down its $2 billion flagship macro fund after a run of poor performance, the FT reports.
CNBC’s Kate Kelly reports on the shock of Fortress Investment Group shocking Wall Street by shutting down its biggest hedge fund.
Fortress is closing its Fortress Macro Fund, and founder Michael Novogratz will retire by the end of 2015. CNBC's Kate Kelly and Eric Chemi provide detail.