Investment Management

Woman convicted of fraud; FBI said she cast 'hoodoo' spells

Oct 17, 2018

A jury has convicted an investment adviser of charges she defrauded investors out of millions of dollars, some of which she used to pay more than $800,000 for prayers by Hindu priests in India to ward off federal investigators.

Jury deliberating in fraud trial of Ponzi scheme suspect

Oct 16, 2018

A federal jury is deliberating in the trial of an investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme to finance her lavish lifestyle, including spending more than $800,000 for prayers by Hindu priests in India

Insider Q&A: Amalgamated Bank CEO Keith Mestrich

Sep 23, 2018

Amalgamated Bank CEO Keith Mestrich on the union-owned bank's public listing this summer, and how midterm elections are benefiting the left-leaning bank's business

Review: Gary Shteyngart's road novel in the time of Trump

Sep 4, 2018

Gary Shteyngart sends a hedge fund manager across America by bus in 'Lake Success'

Experts say Tesla board may have too many ties to CEO Musk

Aug 20, 2018

Tesla's board of directors may require shake up, corporate governance experts say, noting the lack of authority over the company's recent turmoil

Indonesia returning yacht at center of Malaysia graft probe

Aug 5, 2018

A police official says Indonesia is returning a luxury yacht allegedly bought with funds stolen from a Malaysian state investment company

Fidelity slashes fees as funds battle for investors

Aug 1, 2018

The price war to lure investors is hitting a new frontier, and Fidelity will soon offer a pair of mutual funds that charge zero fees

Jury to be selected in retrial of ex-jail guard union boss

Aug 1, 2018

The bribery retrial of New York City's ex-jail guard union boss is set to begin Wednesday with jury selection

Australia says US, Japan partnership doesn't challenge China

Jul 31, 2018

An Australian minister says a new infrastructure partnership with the United States and Japan does not challenge growing Chinese investment in the Indo-Pacific region

Apollo to spend $5.6B on rural hospital chain LifePoint

Jul 23, 2018

Private equity firm Apollo Global Management will spend about $5.6 billion to buy the rural hospital chain LifePoint and combine it with the privately held health system operator RCCH HealthCare Partners

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