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Blue Harbour Unloads Its Largest Position (Institutional Investor) Here is how the activist hedge fund fared with its investment in Investors Bancorp, which accounted for 18 percent of its U.S. long assets. Cliff Robbins’ Blue Harbour Group earlier this week unloaded its entire stake in...

How did RenTech do it? – Book Notes of “The Man Who Solved the Market” 12/20/2019taovalueBook Notes,QuantamentalBook Review,Jim Simons,Renaissance Technology,RenTech,The Man Who Solved The Market Jim Simons’ shop Renaissance Technology, or as insiders call it “RenTech”, is the hallmark of...

Google Fine France's competition authority has fined Google $167 million over antitrust abuses in its ad business. The watchdog said Google's rules for advertisers were non-objective, non-transparent and discriminatory. The monetary fine is accompanied by an order for Google to change its terms...

Dan Och Doesn’t Live In New York Anymore, But He Does Have A $95 Million Apartment There (Deal Breaker) The hedge fund he founded, named for himself and led for 24 years-including through a damaging bribery scandal-isn’t doing so well, thanks to said bribery scandal (and is also no longer named...

Citi, ValueAct Capital Extend Information Sharing, Engagement Agreement Through 2021 (Reuters) NEW YORK (Reuters) – Citi Group (C.N) and hedge fund ValueAct Capital said on Thursday they would extend an existing information-sharing agreement for another two years through the end of 2021. The...

How an Influx of Money is Changing the American West Justin Farrell researches the dollars behind climate change denial and how wealth is impacting the environment. Michelle Celarier Published on December 17, 2019 Justin Farrell in Teton County, Wyo. Photo courtesy of Justin Farrell. Born in...

“Being able to admit you’re wrong is important, but so is standing up for yourself when you’re right.” - Suzy Kassem

YouTube Created a Generation of Young Stars. Now They Are Getting Burned Out. Dolan twins among the big names taking a break from the video site, citing the demand of having to keep creating fresh content Grayson Dolan, in ripped black jeans, and Ethan Dolan. The twins, who have more than 10...

Nike Posts Higher Sales in U.S., China Despite split with Amazon and controversy over track coach, sportswear giant logs 10% gain in revenue Nike’s sales in its latest quarter rose 5% in North America, its biggest market, and 20% in Greater China. Photo: Justin Sullivan/Getty Images By...

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French telecom company Orange convicted over suicides Associated Press•December 20, 2019 1 / 4 France Phone Company Suicides Former France Telecom Chief Executive Didier Lombard arrives at Paris' courthouse in Paris, Friday, Dec. 20, 2019. French telecommunications powerhouse Orange is...

Goldman Sachs in talks with US to admit guilt, pay $2B in 1MDB scandal By Reuters December 19, 2019 | 10:56am Enlarge Image Jho Low Getty Images More On: goldman sachs Goldman's WeWork bailout loan matches size of Adam Neumann's exit package Goldman Sachs may get $2B fine over star-studded...

By Amanda Woods December 19, 2019 | 12:10pm | Updated Enlarge Image Karl Heinz Reipen Facebook More On: luxury real estate Music manager Angelo Medina finally sells luxe NYC apartment NYC condo building offers at-home IV drips to woo buyers Pink-obsessed 'Barbie' found her dream house...

Alexa, meet Siri: Silicon Valley heavyweights join hands to make your smart home smarter Amazon, Apple, and Google found themselves in the same space yesterday -- and it wasn’t to defend themselves in a congressional hearing. In a rare show of solidarity,the 3 tech giants and other members of...

Watch Billionaire Michael Platt Tell Cabbie About His Wealth (Bloomberg) In a seemingly spontaneous conversation with self-proclaimed “cabbie to the stars” Manny Anzalota, Michael Platt, the billionaire hedge fund manager, told his driver that he’s “the highest-earning person in the world of...

Hedge Fund Billionaire David Tepper’s Stock Market Advice in 2010 Worked All Decade (CNBC) Two years after the collapse of Lehman Brothers in the 2008 financial crisis, hedge fund billionaire David Tepper made a bold market call on CNBC about the power of the Federal Reserve that made investors...

Hedge-Fund Billionaire Dan Och Buys $95 Million Home on Central Park South (MansionGlobal.com) Billionaire investor Daniel Och is the buyer behind one of the most expensive apartments ever sold in New York City, according to people familiar with the deal. Mr. Och paid roughly $95 million for the...

Swatch Deal Switzerland's antitrust regulator has banned Swatch—the world's biggest watchmaker—from selling watch movements to other large companies, from January 1 to sometime in mid-2020, when the watchdog (pardon the pun) will make a final decision on a long-running competition case. This is...

Huawei Europe Huawei chairman Liang Hua said the contentious Chinese telecoms giant plans to manufacture components at a European production site, following a feasibility study to figure out which country will get the factory. The move might help assuage European fears over the security...

Fresh Credit Suisse Spying Report Puts Surveillance Tactics in Focus Swiss bank probes new revelation of alleged spying on a top executive Swiss media reported that former Credit Suisse HR chief Peter Goerke was survilled by the company. Photo: Credit Suisse By Margot Patrick and Jenny...