GO
Loading...

Enter multiple symbols separated by commas

Billionaires

More

  • UPDATE 1-Bernanke to advise hedge fund Citadel - NYT Thursday, 16 Apr 2015 | 3:38 AM ET

    Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday. Bernanke's predecessor, Alan Greenspan, joined hedge fund Paulson& Co as adviser in 2008. Jeremy Stein, a Federal Reserve Board governor for two years, joined hedge...

  • London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 6:57 PM ET
    Bitcoins

    London, center of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin.

  • Walgreens said it will improve pricing and promotions while driving the performance of brands such as No7, Boots Pharmaceuticals and Well at Walgreens. Walgreens also emphasized strategic advantages from its pharmaceutical wholesale business, which allows the company to enter new markets more rapidly than its retail business. "In November our senior...

  • Brazil court overturns election of Usiminas board members Wednesday, 15 Apr 2015 | 5:11 PM ET

    RIO DE JANEIRO, April 15- A Brazilian court on Wednesday overturned the election of two members to the board of steelmaker Usiminas, after one of the company's main shareholders argued the elections did not follow correct corporate procedure. The company is controlled by main shareholders Luxembourg- based Ternium SA, which took the election of the two board...

  • BANGKOK, April 16- The last two times Thailand's army grabbed control, in 2006 and 2014, fortune teller Warin Buawiratlert called it, informing the would-be junta ahead of time that they were destined for power. But for a growing chorus of domestic critics, it was yet another signal that Thailand's irascible leader is getting far too comfortable with power...

  • INSIGHT-London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 12:33 PM ET

    *Bitcoin backers say UK attitude makes London attractive. *World's biggest bitcoin networking group is London- based. LONDON, April 15- London, centre of the $5- trillion- a-day global currency market, now wants to be home to a controversial upstart- bitcoin.

  • *Venture backed by Li Ka- shing, Index Ventures. LONDON, April 14- Osper, a British company that provides pre-paid debit cards for children, is looking for partners and plans to offer new services and expand into Europe and the United States, its founder and chief executive told Reuters. Last year, it raised 6 million pounds from investors including Index Ventures, an...

  • The words of criticism and support came from Ed Garden, who joined BNY Mellon's board in December. Garden is a senior executive at Trian Fund Management LP, the activist hedge fund run by billionaire Nelson Peltz that owns about 2.6 percent of BNY Mellon's stock. Earlier this month, activist hedge fund Marcato Capital Management said BNY Mellon's employee base...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • NEW YORK, April 13- Billionaire investor William Ackman, who has long accused Herbalife Ltd of being a fraud, said on Monday that the top executives at the nutrition and supplements company are hiring their own lawyers as government investigations pick up pace. Ackman's $20 billion Pershing Square Capital Management made a $1 billion short bet against...

  • Senator Marco Rubio of Florida plans to enter the 2016 race for the White House by urging voters to make a "generational choice" for leadership that takes the country in new directions, according to excerpts of his announcement speech. Rubio, a son of Cuban immigrants who rode the anti-establishment Tea Party wave of 2010 to national prominence, will announce his...

  • Senator Marco Rubio of Florida told top donors on Monday that he will run for the White House because he is "uniquely qualified" to represent the Republican Party in the 2016 presidential race, a source familiar with the matter said. He will be the third Republican to formally announce a White House bid, following Republican Senators Ted Cruz of Texas and Rand Paul...

  • A global development financier's Silicon Valley foray Monday, 13 Apr 2015 | 12:00 PM ET

    SAN FRANCISCO, April 13- San Francisco- based startup Planet Labs, a company that aims to blanket the skies with low-cost satellites, has raised nearly $140 million from investors that include Russian billionaire Yuri Milner and SpaceX backer Draper Fisher Jurvetson. Now, the company has raised an additional $20 million from an unlikely contender: the venture...

  • NYC mayor eyes 'moneyed interests' as new allies Saturday, 11 Apr 2015 | 4:37 PM ET
    Bill de Blasio

    More than a year after taking office, NYC's mayor is engaged in courting he city’s most powerful private sector executives.

  • LOS ANGELES, April 10- Former Enron trader and hedge fund billionaire John Arnold may be about to launch a national publicity campaign to convince U.S. voters of the need to reform public pensions, according to a document seen by Reuters. Growing costs were significant factors in the recent bankruptcies of Detroit and the California cities of Stockton and San...

  • SAO PAULO/ PARIS, April 9- Brazilian tycoon Abilio Diniz is in talks to raise his 5.07 percent stake in Carrefour SA and has the support of major shareholders to take a board seat in the retailer, a source with knowledge of the situation said on Thursday. Diniz, who is Carrefour's fourth-biggest shareholder behind France's Moulin family, billionaire Bernard...

  • BOSTON, April 9- Steven A. Cohen has hired a hedge fund industry veteran to head a new training program designed to pass the billionaire investor's famous stock picking skills to a new generation as he rebuilds after an insider trading scandal. Cohen's $11 billion firm Point72 Asset Management said on Thursday that Jaimi Goodfriend, a college lecturer in...

  • Johnson has made her investments through Impresa Management LLC, whose key shareholders include trusts for her and two siblings, Edward C. Johnson IV and Elizabeth Johnson, according to recent disclosures with the U.S. Securities and Exchange Commission. One of its biggest holdings at the end of last year was a $353 million stake in Chinese Internet commerce...

  • NEW YORK, April 9- Canadian fashion designer Peter Nygård escalated his acrimonious U.S. legal battle with Louis Bacon, saying the billionaire hedge fund manager may have driven a groundskeeper to set a fire that heavily damaged Nygård's neighboring Bahamas beachfront estate. Nygård made the accusation in a countersuit filed Wednesday in a New York state...