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The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018.

UBS Names New Manager For Embattled Asia Fund

UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss bank said in a statement, after a five-month hiatus in top leadership at the fund that was hit hard by China's property sector debt crisis.
Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015.

Elon Musk Makes $43 Billion Cash Takeover Offer For Twitter

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.

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