Acquisition by Sycamore Partners could be announced this week, WSJ reports Published:…
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Alternative Investments
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EU’s record Apple antitrust fine is the start of a Big Tech regulatory crackdown
As Apple Inc. absorbs the regulatory body blow of a record $1.95…
Dow Jones slips as S&P 500 struggles to find direction after record high
U.S. stocks traded slightly lower Monday, pausing a rally after the S&P…
JetBlue, Spirit Airlines terminate 2022 merger agreement
JetBlue Airways Corp. and Spirit Airlines Inc. said Monday they have reached…
Jack Ma’s Ant Group piles into fight with Citadel for Credit Suisse’s Chinese business: report
Jack Ma’s Ant Group has reportedly outbid Ken Griffin’s Citadel Securities in…
Opinion: ‘Too big to fail’ was bad enough for the banks. Now we have ‘too many to fail.’
Almost a year after the mini banking crisis in the United States,…
Carl Icahn lands two JetBlue board seats days after disclosing stake in airline
Just four days after Carl Icahn disclosed a 9.9% stake in JetBlue…
Harvard remains the nation’s richest school as college endowments keep growing
Harvard University’s endowment grew to more than $49.5 billion last year, making…
Hedge fund snaps up stake in Love Island maker ITV
A hedge fund has bought a 5% stake in the U.K.’s largest…
JetBlue stock rallies after Carl Icahn takes nearly 10% stake in airline
Shares of JetBlue Airways Corp. rose sharply after hours on Monday after…
Markets are ‘fundamentally broken’ due to passive investing, says David Einhorn
“‘I view the markets as fundamentally broken…Passive investors have no opinion about…
Dow little changed as S&P 500 trades within striking distance of 5,000 milestone
U.S. stocks were trimming earlier losses, with the S&P 500 briefly flipping…
Spirit Airlines expects its liquidity will be ‘more than adequate’ for key goal
Spirit Airlines Inc. on Thursday posted a slimmer loss than expected for…
Adam Neumann turns to Dan Loeb to win back WeWork, but don’t get carried away
Daniel Loeb is playing down his role and that of his hedge…
Novo Nordisk’s controlling shareholder to buy Catalent for $16.5 billion
The controlling shareholder of weight-loss drug maker Novo Nordisk on Monday said…
As banks retreat, one debt fund eyes $2B in commercial real-estate loans in 2024
Ran Eliasaf’s Northwind Group sees big lending opportunities this year in commercial…
The busiest and most crucial week for fourth-quarter earnings is here.
The heaviest stretch of the fourth-quarter earnings storm hits this week, with…
Here’s why Biden may not get a political lift from strong GDP growth
The U.S. economy scored another good grade Thursday, showing stronger-than-expected growth of…
What’s driving solar-energy stocks Canadian Solar, SunRun, Enphase Sunnova
Canadian Solar Inc.’s stock led gains among four solar power companies in…
United sees bigger-than-expected first-quarter loss after 737 Max groundings — but here’s why the stock is rallying anyway
United Airlines Holdings Inc. said it expected to lose more money than…
Bill Ackman’s Pershing Square back in ranks of world’s 20 top hedge funds
Bill Ackman’s Pershing Square Capital Management has re-entered the ranks of the…