The former Pershing Square analyst who told his roommate about Bill Ackman's big Herbalife short early is not who you think.» Read More
A fight over Syria puts President Obama in a weaker domestic position, which may make him less willing to support Larry Summers as the next Fed chairman.
Carl Icahn waved a white flag of surrender in his effort to derail Dell's $25 billion bid to go private, saying a path to victory was "impossible" given the obstacles.
Molex, a maker of electronic, electrical, and fiber optic systems, said Koch Industries will buy it for about $7.2 billion.
Neiman Marcus is the second major U.S. luxury retailer to be sold in a deal involving a Canadian firm in two months.
Wall Street on Monday kicks off the roadshow for what could become the biggest corporate debt sale in history. The FT reports.
It took a TSA run-in gone wrong for former hedge fund manager Julie Macklowe to join the cosmetics world after leaving the financial industry.
The U.S. Committee on Foreign Investment has cleared the way for Shuanghui's proposed $4.7 billion acquisition of Smithfield Foods.
CNBC's Sue Herera looks ahead to what are likely to be next week's top business and financial stories.
The Tōkum Fund, a hedge fund that invested in the stocks of medical and pharmaceutical companies, is being liquidated.
At the turn of the century, recent college graduates had an average debt of $15,100. Last year the average debt of graduates was $27,253.
Mark Rosenblum, a former Thomson Reuters salesman, says he was fired after questioning whether the company violated insider trading laws by distributing market-moving data early.
American Tower said it would buy privately held MIP Tower Holdings in a $4.8 billion deal to take advantage of the roll-out of 4G wireless network in the United States.
CNBC's Dominic Chu reports that U.S. hedge funds are closing in on record assets under management, with 287 funds that manage at least $1 billion in assets holding 7.5 percent more than at the start of the year. Warren Meyers of DME Securities weighs in.
Bank lending is on the rise. The little guy on Main Street is not feeling it, though, so many entrepreneurs are turning to alternative funding sources.
The shifting fortunes and prestige of Wall Street's big names, as revealed in The New York Times wedding section.
Even as a shift in U.S. prosecution policy gives states more leeway to legalize marijuana, the companies that dispense it are likely to have trouble finding a bank.
Ackman's Pershing Square is largely flat for the year after a bruising August in which the hedge fund lost 3.6 percent, according to sources.
The founder of Common Sense Investment Management Jim Bisenius has been busted in a prostitution sting. CNBC's John Carney has the details.
CNBC's Kate Kelly reports SAC Capital is announcing a staff retention program today.
The founder of a $3 billion hedge fund, Common Sense Investment Management, was arrested last week for soliciting prostitution.
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Most traditional indicators show inflation in the U.S. to be well under control, but bacon cheeseburger eaters know better.
The headline-grabbing departure may have rocked the investing world, but Dennis Gartman thinks everyone will get over it soon.
An investigation of industry assets reveals that, once again, the largest funds are controlling more assets than ever.