Investment Management
Stars Group doubles down with purchase of Sky Betting
Apr 21, 2018
Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion
Correction: Spring Storm-Stranded Vacationers story
Apr 17, 2018
Correction: Spring Storm-Stranded Vacationers story
Blackstone Group CEO donates $25M, gets name on high school
Mar 29, 2018
A Pennsylvania school board has approved a plan to rename a public high school after Blackstone Group CEO Stephen Schwarzman, an alumnus who is donating $25 million to the school
1Q Fund Review: Pain makes a comeback
Mar 29, 2018
After a years-long stretch when most mutual funds and exchange-traded funds powered higher quarter after quarter, investors are rediscovering the pain of volatility
AkzoNobel selling specialty chemicals unit for about $12.5B
Mar 27, 2018
AkzoNobel is selling it specialty chemicals unit to The Carlyle Group and investment firm GIC for about $12.5 billion
Nuns, funds and guns: the firearms debate on Wall Street
Mar 26, 2018
Investment firms like BlackRock are weighing in on the national gun safety debate by asking firearms makers what they plan to do about gun violence and safety concerns
Weather Channel sold to independent studio, distributor
Mar 23, 2018
The Weather Channel is under new ownership
Judge grants initial motions in Weinstein Co. bankruptcy
Mar 21, 2018
A Delaware bankruptcy judge has issued initial orders allowing the Weinstein Co. to continue paying its bills and working toward a sale of most of its assets
Peter Peterson, billionaire and philanthropist, dies at 91
Mar 20, 2018
Peter G. Peterson, an executive and philanthropist who argued passionately that the U.S. must reduce its national debt, dies of natural causes at age 91
President of billionaire's firm resigns amid sexism lawsuit
Mar 19, 2018
The president of billionaire Steven Cohen's investment firm in Connecticut has resigned, shortly after the firm was sued over alleged hostile, sexist and discriminatory conduct by male executives
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