BERLIN, Feb 27- Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg should it come up for sale as long as the firm owns competitor Refinitiv. Blackstone bought a 55% stake in Thomson Reuters's data division in 2018, renamed later as Refinitiv, valuing the firm at $20 billion and making it the...
BERLIN, Feb 27- Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg should it come up for sale as long as the firm owns competitor Refinitiv. Schwarzman said that he did consider such an investment on reading the news that Mike Bloomberg would put his financial news and data provider up for...
Putting an end to surprise medical billing is one of the White House's top health-care priorities this spring, but it could put Trump at odds with his longtime friend and advisor.
U.S. stock futures were pointing to a lower open, with global stocks from Asia to Europe under pressure.
"Everything is up. You have to see something reasonably remarkable in terms of your ability to improve the operations of a company," he said.
Rubin says that while there's a "responsibility" when it comes to giving back, it's better to "bet on the entrepreneur" than on the government.
"What we have now is a significant group of people who just aren't earning enough for a variety of reasons," says the Blackstone CEO.
Nov 6- Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16- month-long trade war, helping to ease tensions between two of the world's biggest economies. "It looks like things have lined up to go forward and I think there's good faith at this point...
Steve Schwarzman learned early in his career that everyone makes mistakes. His biggest one as an investor was "disastrous."
Steve Bannon also says China's attempts to forge a two-tier deal to end the yearlong trade war with the U.S. is "wishful thinking."
"There's a huge reorganization going on in China regarding fentanyl to try to shut it down," Blackstone co-founder Stephen Schwarzman says.
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.
Oxford University says its Schwarzman Centre will consider the impact of artificial intelligence.
LONDON, June 19- The head of private equity firm Blackstone has pledged 150 million pounds to Oxford University, the biggest single donation in its history, to fund a center for humanities that would also house an institute to study the ethics of artificial intelligence. "For nearly 1,000 years, the study of the humanities at Oxford has been core to Western...
LONDON, June 19- The head of private equity firm Blackstone has pledged $150 million to Oxford University, the biggest single donation in its history, to fund a centre for humanities that would also house an institute to study the ethics of artificial intelligence. "For nearly 1,000 years, the study of the humanities at Oxford has been core to Western civilisation...
Billionaire Steve Schwarzman also advocates for more technical training for people who didn't go to college.
The S&P 500's roughly 16% rise in 2019 is "not nothing," the billionaire co-founder of Blackstone Group says.
Economic growth may be slowing, but we are not on the verge of a recession, Blackstone Chairman and CEO Steve Schwarzman says.
Blackstone chief executive and co-founder Steve Schwarzman believes that when it comes to businesses optimizing their performance: "Information is power."