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The letter from pension consulting firm Russell Investments said Blackstone submitted its redemption notice to SAC Capital sometime before May 15 because of ongoing concerns about the insider trading investigation that continues to engulf Cohen's fund.
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Farmers have discovered stunning new way to combat what many see as a labor shortage.
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Orders for long-lasting U.S. manufactured goods rose more than expected, a sign of resilience despite belt-tightening in D.C. and weakness in overseas markets.
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The Jersey Shore is ready to welcome tourists for the summer, with CNBC's Kayla Tausche.
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Wealth managers go where the money is, and the technology capital is flooded with the next crop of the newly rich.
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Japan's stock market witnessed a second-straight day of heightened volatility on Friday, swinging from gains of 3 percent to deep losses before bouncing back again.
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A federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple engaged in a conspiracy to increase e-book prices.
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The huge volatility in the Japanese market is not surprising given the aggressive monetary policies put in place in the country over the last six months, St Louis Federal Reserve Chairman James Bullard told CNBC.
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A.G. Lafley's return as boss at P&G will be beneficial to the company because he "knows where the bodies are buried," management expert Jeffrey Sonnenfeld tells CNBC.
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McDonald's will add its most caloric item ever to its menu in Japan beginning next week, with the "Street Signs" crew.
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German soccer fans are being charged up to £14,000 ($21,166) for a pair of Champions League final tickets on the black market, the Daily Mail reported on Friday.
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On Thursday the government's top climate agency said the 2013 hurricane season could be extremely active and spawn 13 to 20 tropical storms.
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One thing the world's central bankers can take away from this week's market volatility: They need to do a better job of communicating.
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Lois Lerner, the IRS official whose unit is at the center of the alleged Tea Party targeting, has been placed on administrative leave and an acting director has been named.
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Yet lobbying groups still claim we've got a shortage of computer programmers.
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The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.
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Whether or not the industry ends May with the best monthly sales rate since January depends largely on whether or not dealers enjoy strong business Memorial Day Weekend.
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Federal regulators have started a new probe of whether Google has violated antitrust laws.
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A day after Japanese equities witnessed their sharpest one-day drop in more than two years, optimism over the country's stock market remains unshaken.
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The volatility in the Japanese government debt market has unnerved investors in domestic banks, with the country's top lenders alone holding an estimated $390 billion worth of these bonds.
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Editor's Picks
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Could the reform bill create a Korea-like demilitarized zone in North America?
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Goldman Sachs revealed to clients its so-called VIP list of stocks that are most loved by the hedge fund industry.
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The way people travel, where they stay, and what they eat, are being transformed by mobile.
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Executive Edge
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Hedge fund bigwig Paul Tudor Jones offends; the Fed taper caper continues to obsess the markets; P&G shelves its CEO.
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HP's turnaround is under way; weak Asian data create jitters; corporate tax reform wish list; a mixed housing rebound.
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The Fed sends a mixed message to the markets; stingy millionaires; immigration reform inches ahead.
Off the Cuff
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Zaha Hadid: You Don’t Have to Be Polite to Succeed
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Super-Chef Batali: Here’s How I Built My Brand
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Matt Ryan, the Atlanta Falcons quarterback is expected to become the NFL’s next $100 million player.
Politics
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Lois Lerner, the IRS official at the center of the alleged Tea Party targeting, has been placed on administrative leave.
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House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
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President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.