A strike in Kampala, Uganda may reflect the growing uneasiness of Africans with having Asian traders in their midst.
General Motors is piling up truck inventory at dealers. The company used similar strategy before its bankruptcy and federal government bailout. Should we be concerned?
An arbitration panel ordered a Merrill Lynch clearing unit to pay $63.7 million in damages to California hedge fund manager Rosen Capital Partners LP as compensation for losses during the 2008 financial crisis.
Blackstone Group latest private equity fund is now sized at $16 billion, according to a source familiar with the matter on Wednesday, making it one of the largest buyout funds raised in history.
A FINRA securities industry arbitration panel ordered a former Morgan Stanley Smith Barney broker to pay the firm nearly $1 million for breaching the terms of a promissory note.
The Securities and Exchange Commission is in talks to largely hand off its leasing activities after being accused of bungling a real estate deal priced at more than half a billion dollars.
The top after-market NASDAQ Stock Market gainers are: PAETEC Holding, SIGA Technologies, MYR Group, Zalicus, and Maiden Holdings. The top after-market NASDAQ Stock Market losers are: DragonWave, Quidel, Abaxis, BJ's Restaurants, and Signature Bank.
Wall Street is enjoying record profits, while Main Street continues to struggle. The reason why is clear, since Wall Street and Main Street have different interests.
LightSquared, the telecom start-up backed by Philip Falcone's Harbinger Capital hedge fund, said on Tuesday that it has raised $265 million in funding from existing and new investors.
Stocks were little changed on Tuesday as the market consolidated after strong gains last week and manufacturing data did little to boost investors' sentiment.
Stocks edged lower on Tuesday after stocks had their best week in two years last week and traders waited for direction from U.S. manufacturing data due later in the session.
Since June 15, there has been a significant rise in Treasury yields. Below we present several reasons for the spike and why we think that interest rates will continue to move higher.
Private equity real estate funds focused on the North American property market hogged the lion's share of the $11.2 billion raised by those with a final close in the second quarter of 2011, research firm Preqin said.
Hedge funds are struggling with the Greek debt crisis in 2011, according to industries sources who spoke to NYTimes.
Web hosting company The Go Daddy Group Inc agreed to be bought by a private equity consortium led by KKR and Silver Lake for $2.25 billion, including debt, people close to the situation said on Friday.
Web hosting company Go Daddy Group Inc announced on Friday it is being bought by a private equity consortium led by KKR and Silver Lake.
How much longer can Legg Mason Inc afford to back Bill Miller, the star investor whose onetime Midas touch has lost its luster?
Berkshire Hathaway Vice Chairman Charlie Munger on Friday stuck by Chinese auto maker BYD <1211.HK>, which has become one of Berkshire's most controversial investments amid poor performance and revelations about its business practices.
Google+, the social networking service which was launched by Google earlier this week could challenge Facebook's supremacy the same way Android-based smartphones now threaten iPhone.
Axel Weber, the former president of the Deutsche Bundesbank, will join the board of directors of Swiss bank UBS AG at the next annual general meeting in May 2012, according to a report on Bloomberg.
Tony Alvarez recalls his doubts as he contemplated the wrecked, two-bedroom foreclosed house up for sale 30 years ago with his real estate agent's reassuring hand on his shoulder.
As it turns out, Justin Timberlake's role as Napster founder Sean Parker in The Social Network was a wink and nod to the celebrity's little publicized role in driving Silicon Valley start-ups.