Investing

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Goldman CEO David Solomon Lands Cameo On Showtime Series 'Billions'

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It’s another way the 58-year-old is striking an unusually public persona atop the historically staid investment bank.

Mozambique's Giant Ruby Mine Boosts Security After Virus Empties Local Jail

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Security guards have been equipped with firearms and patrol dogs.

Trump Organization, Written Out Of U.S. Bailout, Taps Europe Aid

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Overseas businesses owned by U.S. President Donald Trump can tap government funds meant to help retain workers.

Harvard Professor Reaps 17,000% Return On Early Moderna Bet

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He is among those who have benefited financially from a pandemic that ground the global economy to a halt.

Billionaire Branson Says Virgin's Airlines Need State Aid To Survive

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Britain has yet to decide on Virgin Atlantic’s weeks-old application for hundreds of millions of pounds in support.

Sands Suspends $2.37 Billion Dividend, Seeks Acquisitions

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Sands will continue some $5.5 billion in investments in projects under construction.

Hedge Fund Hotshots Suffer Humbling Losses In Coronavirus Chaos

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Firms run by Ray Dalio, Michael Hintze, Adam Levinson and others suffered their worst-ever losses last month.

State Department Official Becomes Billionaire On DocuSign Stake

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Keith Krach’s fortune has surged more than $200 million this year from his stake in DocuSign Inc.

Jeff Bezos Gains $24 Billion While World's Rich Reap Bailout Rewards

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Bezos and many of his wealthy peers have seen their fortunes recover in recent weeks.

Chris Rokos's Macro Hedge Fund Surges 14% In Best Month Ever

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The returns extend a winning streak for the fund, which rose 9.3% last year.

Ray Dalio Says Investors Would Be 'Crazy' To Hold Bonds Now

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Dalio’s flagship Pure Alpha II hedge fund ended the first quarter down about 20%.

Bitcoin Is Below $7,000 But Novogratz Stays Long, Shorts Stocks

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Extraordinary actions by central banks make hard assets more appealing in the long-run, Famed investor Mike Novogratz said.

Harvard University Taps Credit Market For Up To $1.1 Billion

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The wealthiest colleges may face endowment losses and expected declines in fund-raising.

Hedge Fund Oasis Buying Through Pandemic, Says Crisis Will Pass

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The fund's founder says it's a great time for stock buybacks.

Zoom Sued For Fraud Over Privacy, Security Flaws

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The company and its top officers were accused of concealing the truth about shortcomings in the app’s software encryption.

Waltons Grow Richer Than Ever With Recession-Resilient Walmart

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The combined net worth of the Walton siblings has climbed 2.6% this year.

Goldman Tells Rich Clients U.S. Stocks Still Offer Best Returns

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The firm forecasts a V-shaped rebound in the second half of the year.

Michael Burry Of 'The Big Short' Slams Virus Lockdowns In Tweetstorm

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“Unconscionable,” is how he described job losses in the U.S.

Billionaire Who Writes Off 2020 Says Worst Of Virus Yet To Come

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"A lot of people are underestimating what this is really going to take,” he said.

Why The Fate Of Milan Will Be The Fate Of Italy

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After World War II, it was Milan and nearby areas that lifted the country back to its feet.

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