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BlueMountain’s Future Is Dimmer After the Hedge Fund Shuttered Its Equity Book By Mary Childs Updated May 13, 2019 3:18 p.m. ET Photograph by Paul Earle Text size A once rising-star hedge fund seems to have hit a snag. It might be another chapter in the age-old book Bond Managers Struggle When...

ARM and Huawei The British phone-chip-design giant ARM has told staff that the U.S. clampdown on Huawei means it has to stop trading with the company. If this blockage continues in the long-term, that means Huawei's phone business—the second-biggest in the world—is almost certainly toast. Most...

Qualcomm Antitrust A federal judge has backed the Federal Trade Commission in its antitrust case against chip giant Qualcomm, ruling that the company, which dominates the cellphone-chip industry, "strangled competition" with its patent licensing practices. Qualcomm will likely appeal the...

Hedge Funds Ramp Up Bets Against Jupiter Fund Management (CityAM.com) Hedge funds have increased their bets against Jupiter Fund Management making it one of the most shorted UK companies. The asset manager’s shorted stock has increased to 10.55 per cent, more than that of struggling firms such...

BlueMountain’s Flagship Fund is Losing Money so Far this Year Even as the Rest of the Industry Surges, and it’s Just the Latest Blow for the Hedge Fund (Business Insider) The turn of the calendar to 2019 has not been kind to Andrew Feldstein‘s BlueMountain Capital. BlueMountain’s flagship fund...

“It is never too late to be what you might have been.” - George Eliot

“Suns rays do not burn until brought to a focus” - Alexander Graham Bell

The $10.9 million mansion at 515 Parsonage features seven bedrooms, 10 bathrooms, a wine cellar and a home theater, not to mention a magnificent saltwater pool, tennis court and much more.Rise Media Facebook Twitter Flipboard Email Copy REAL ESTATE ALEXA HAMPTONS This tiny lane is now the...

LIVING The insane things people will do to get a coveted Hamptons beach pass By Stephanie Krikorian May 21, 2019 | 11:28pm | Updated Enlarge Image Composite: Shutterstock; Getty MORE ON: THE HAMPTONS Designer Nicole Miller debuts her own rosé Anna Wintour had some advice for kids’ line...

'There will be conflict': Huawei founder says US underestimates company's strength The founder of Huawei, Ren Zhengfei, has said the US “underestimates” the telecom giant’s strength, and that conflict with America was inevitable in the quest to “stand on top of the world." Ren told Chinese...

Niki Lauda The three-time F1 champion Niki Lauda has passed away at the age of 70. The Austrian icon barely survived a terrible crash in 1976 at Germany's Nurburgring track, but was back in action six weeks later, before going on to win two more world titles. Lauda was also an aviation...

Corporate Tax New IRS data shows the tax burden is increasingly falling on individuals—corporation tax accounted for just 7.6% of the total take for 2018, which is its lowest share since at least 1960. Individuals paid 57%, and 33% came from employment taxes. Bloomberg

Broken Homes Produce More Cautious Fund Managers Investors who experience parental death or divorce early in life take less risk overall, but deliver similar risk-adjusted returns compared to their peers. Amy Whyte May 20, 2019 Illustration by II Research shows that traumatic childhood...

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Ex-Credit Suisse Banker Pleads Guilty in $2 Billion Mozambique Scam By Patricia Hurtado May 20, 2019, 11:36 PM GMT+3 Updated on May 21, 2019, 1:45 AM GMT+3 Subeva is among three ex-bankers charged in $2 billion scandal Trio accused in scheme with Mozambique’s ex-finance minister Detelina...

“Great works are performed not by strength but by perseverance.” - Samuel Johnson