A man accused of trying to extort millions of dollars from his son-in-law, an executive of the Blackstone Group LP <BX.N>, on Wednesday blamed the private equity firm for his "malicious" arrest and charges.

By Grant McCool

Warren Buffett, the billionaire co-founder of a top private equity firm and a prominent voice for U.S. fiscal responsibility, called on the United States and its elected officials to combat the nation's fast-growing, multi-trillion dollar debt load.

By Jonathan Stempel

There is a new breed of funds moving into the clean technology sector – specialized hedge funds that have at least $750 million under management.  And they bring a new play – long and short – on the notoriously volatile sector.

NBC Universal Chief Executive Jeff Zucker said on Thursday he was not looking to spin off or sell some of the company's assets.

The Dow fell more than 2 percent Wednesday, followed by similar declines in the S&P and Nasdaq. Here are the day's top five videos.

Private equity firm Blackstone plans to invest more than $1.57 billion in a project to build wind farms in the North Sea to generate electricity, people familiar with the matter said.

Fund manager BlackRock  expects the global credit crisis to last another two to four years as a weakening U.S. economy triggers more write-down by banks, its chief investment officer for equities said on Monday.

Stocks closed higher, led by technology shares, ending the a holiday-shortened week in the positive.

Stocks moved higher on positive earnings in technology and a report that inflation appeared to be moderating.

Stocks were set for a positive open, as Dell boosted tech futures and the market awaited numers that would help clear up the inflation picture.

A consortium including NBC Universal and Blackstone Group bidding for the Weather Channel is offering about $1.8 billion in equity for their bid, or roughly half the total offer, a source familiar with the matter said.

Private equity firms Apollo Management and Blackstone Group are weighing the purchase of chemicals company Chemtura, but discussions are at an early stage, a source familiar with the situation said Tuesday.

UBS financed 75 percent of the funding used by U.S. asset manager Blackrock to buy a $15 billion portfolio of distressed U.S. real estate assets from UBS, the bank said on Wednesday.