• Connecticut May 24

    Ray and Barbara Dalio Explain Their Decision to Withdraw From Public-Private Partnership in Conn.

    American hedge fund billionaire Ray Dalio took to Twitter to explain why he decided to withdraw from the public-private partnership to help disadvantaged high school kids in Connecticut. The decision, Dalio said, came after he and his wife committed $100 million and asked the state to also commit $100 million to helping students. Dalio said a board was set up…

  • attorney Aug 20, 2019

    Epstein Signed Will 2 Days Before Jailhouse Suicide: Records

    Jeffrey Epstein signed a will just two days before he killed himself in jail, new court records show, opening a new legal front in what could be a long battle over the financier’s fortune. Court papers filed last week in the U.S. Virgin Islands list no details of beneficiaries but valued the estate at more than $577 million, including more...

  • Donald Trump Aug 12, 2019

    Epstein: How He Died and What it Means for His Accusers

    Financier Jeffrey Epstein killed himself while awaiting trial on sex-trafficking charges in New York, officials said Saturday. His death angered some accusers who had hoped to confront him in court and see him serve a long prison sentence. It also raises questions about how he was able to harm himself while in federal custody. Epstein was accused of paying underage...

  • Donald Trump Jul 9, 2019

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    Jeffrey Epstein has hobnobbed with some of the world’s most powerful people during his jet-setting life. Future President Donald Trump called him a “terrific guy.” Former President Bill Clinton praised his intellect and philanthropic efforts and was a frequent flyer aboard his private jet. The arrest of the billionaire financier on child sex trafficking charges is raising questions about how...

  • Donald Trump Jul 9, 2019

    What Did Epstein's Famous Friends Know and See?

    Jeffrey Epstein has hobnobbed with some of the world’s most powerful people during his jet-setting life. Future President Donald Trump called him a “terrific guy.” Former President Bill Clinton praised his intellect and philanthropic efforts and was a frequent flyer aboard his private jet. The arrest of the billionaire financier on child sex trafficking charges is raising questions about how...

  • Chicago Feb 6, 2019

    Miami Estate Sells for a Record $50 Million

    An estate on Indian Creek Island sold for $50 million, making it the most expensive single-family home ever sold in the Miami area, according to people familiar with the deal. The property, at 3 Indian Creek Island Road, was not officially listed but had sold in 2012 for $47 million. At the time, that marked a record for the most...

  • New York Jan 24, 2019

    Billionaire Ken Griffin Buys the Most Expensive Home Ever Sold in the US

    Hedge fund billionaire Ken Griffin closed a deal to buy the most expensive home ever sold in the U.S., paying around $238 million for a New York penthouse overlooking Central Park. The deal is the largest in Griffin’s recent $700 million, global real estate shopping spree, believed to be the largest ever for a U.S. billionaire.

  • Chairman Jan 10, 2019

    Eddie Lampert Submits Revised Bid of Roughly $5 Billion in Last-Ditch Effort to Save Sears

    Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the matter....
    This latest attempt comes one day after Lampert’s initial $4.4 billion bid to save Sears was rejected by the company. It faced a number of challenges, including being short of...

  • Chairman Jan 8, 2019

    Court Gives Sears New Life, Allows Chairman Eddie Lampert Another Chance to Save Retailer

    Sears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs. Sears on Tuesday had planned to tell the bankruptcy court it had rejected Lampert’s offer to buy the retailer, after it fell short of covering its bankruptcy expenses. Lampert, though, protested the decision, highlighting the extensive costs of Sears’ bankruptcy...

  • CEO Dec 28, 2018

    Sears Likely to Liquidate If No Bid Comes Friday for the Iconic Retailer

    Sears, the 125-year-old icon, has 24 hours to survive. The employer of more than 68,000 filed for bankruptcy in October. Its last shot at survival is a $4.6 billion proposal put forward by its chairman, Eddie Lampert, to buy the company out of bankruptcy through his hedge fund, ESL Investments. ESL is the only party offering to buy Sears as...

  • CEO Oct 10, 2018

    From Largest US Retailer to Possible Bankruptcy, Sears Lines Up Emergency Financing for Potential Filing

    Sears Holdings has contacted banks in recent days to arrange the financing necessary to file for bankruptcy after 125 years in business, people familiar with the situation told CNBC. The stock plummeted 32 percent, to 40 cents a share, in Wednesday’s premarket trading after the report. The so-called “debtor-in-possession” loan, which companies need to have enough liquidity to keep running...

  • Facebook Mar 23, 2018

    Understanding Facebook's Widening Crisis Over User Data

    Facebook is facing the most serious crisis in its 14-year history as its founder Mark Zuckerberg was formally called by the Senate Commerce Committee Thursday to testify on the major leak of user data to political consultants associated with the 2016 Trump campaign. The U.K.-based data-mining firm Cambridge Analytica has been accused of lifting the Facebook profiles of more than...

  • attorney Dec 28, 2017

    Martin Shkreli's Ex-Lawyer Found Guilty of Financial Fraud

    A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a “powerful message” through the legal profession. After an 11-week trial, Evan Greebel was convicted by a federal jury in Brooklyn of conspiring to commit securities fraud and wire fraud. His lawyer, Reed Brodsky, said they...

  • Donald Trump Sep 14, 2017

    Top Dems Say Flynn Left Mideast Trip to Build Nuclear Power Plants Off Security Clearance

    Former Trump administration national security adviser Michael Flynn is facing new questions about a 2015 trip he took to the Middle East as part of a private proposal to build nuclear power plants across the region. Two top Democrats said in a letter released Wednesday that he appeared to have violated federal law by failing to report the trip when...

  • Donald Trump Aug 4, 2017

    Michael Flynn Details Tie to Data Firm, Transition Pay: Source

    President Donald Trump’s former national security adviser, Michael Flynn, is revealing a brief advisory role with a firm related to a controversial data analysis company that aided the Trump campaign, The Associated Press has learned. The disclosure of Flynn’s link to Cambridge Analytica will come in an amended public financial filing in which the retired U.S. Army lieutenant general also...

  • Donald Trump Jul 26, 2017

    Trump Message Chief Willing to ‘Fire Everybody' for Leaking

    President Donald Trump’s new communications director says he’s prepared to clean house in order to stop the leaks plaguing the administration. Anthony Scaramucci, the Wall Street financier tapped for the role last week, said Tuesday that he was prepared to “fire everybody” to stop unauthorized information coming from the press office. Speaking to reporters, Scaramucci said that he was “not...

  • NBCUniversal Inc. May 22, 2017

    WATCH: Pippa Middleton Post-Wedding Kiss

    Pippa Middleton and James Matthews kiss after their wedding at St Mark’s Church in Englefield, England, on Saturday, May 20, 2017. Middleton, the sister of Kate, Duchess of Cambridge, married hedge fund manager James Matthews in a ceremony Saturday. Her niece and nephew, Prince George and Princess Charlotte, were in the wedding party, along with sister Kate and princes Harry...

  • actress May 21, 2017

    High Society: Pippa Middleton Marries at Almost-Royal Event

    Pippa Middleton, radiant in a custom-made wedding gown, married a wealthy financier Saturday as two likely future British kings and other members of the royal family, including her sister, looked on. In what was seen by many as the society wedding of the year, Middleton and hedge fund manager James Matthews said their vows in a ceremony at St. Mark’s...

  • King May 19, 2017

    Here Comes Pippa: Britain's Almost-Royal Wedding on the Way

    She played a memorable supporting role at sister Kate’s 2011 wedding, but Pippa Middleton will take center stage Saturday at what looks to be the high society event of the year. The 33-year-old is marrying a wealthy financier at the oh-so-English 12th-century church of St. Mark’s in the village of Englefield, west of London — with a guest list of...

  • Donald Trump Dec 10, 2015

    No Breakouts in GOP Debate, Muddled Status Quo: Analysis

    Marco Rubio emerged unscathed. Ben Carson defended his integrity. Donald Trump flashed his dominant personality. And Jeb Bush avoided disaster....
    Mission accomplished. Aided by tentative questioning, the GOP’s top presidential candidates executed their strategies with little resistance in Tuesday night’s prime-time debate. Yet with no breakout moments — good or bad — the muddled status quo continues in the Republican Party’s...

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