Investment Management

Former US Interior boss takes job at investment company

Jan 15, 2019

Former U.S. Interior Secretary Ryan Zinke has taken a job at an investment company after leaving the Trump administration amid unresolved ethics investigations

Lampert's hedge fund makes last-minute bid to save Sears

Dec 29, 2018

Sears Chairman Eddie Lampert's hedge fund says it submitted a last-minute bid valued at $4.4 billion to keep the struggling retailer from being liquidated

BP sells 3 Texas wind turbine farms to Ares Management Corp

Dec 24, 2018

Oil and gas producer BP has sold three of its Texas wind farms to funds managed by affiliates of Los Angeles-based private equity firm Ares Management

Correction: Kushners-Opportunity Zones story

Dec 12, 2018

Correction: Kushners-Opportunity Zones story

Jury convicts Last Vegas man in $1.5B investment scheme

Nov 29, 2018

A Las Vegas man has been convicted of fraud and money laundering charges in what federal prosecutors say was a $1.5 billion Ponzi scheme involving a purported investment company and medical collection business that operated in Nevada and Japan

Woman convicted of fraud; FBI said she cast 'hoodoo' spells

Oct 17, 2018

A jury has convicted an investment adviser of charges she defrauded investors out of millions of dollars, some of which she used to pay more than $800,000 for prayers by Hindu priests in India to ward off federal investigators.

Jury deliberating in fraud trial of Ponzi scheme suspect

Oct 16, 2018

A federal jury is deliberating in the trial of an investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme to finance her lavish lifestyle, including spending more than $800,000 for prayers by Hindu priests in India

Insider Q&A: Amalgamated Bank CEO Keith Mestrich

Sep 23, 2018

Amalgamated Bank CEO Keith Mestrich on the union-owned bank's public listing this summer, and how midterm elections are benefiting the left-leaning bank's business

Fidelity slashes fees as funds battle for investors

Aug 1, 2018

The price war to lure investors is hitting a new frontier, and Fidelity will soon offer a pair of mutual funds that charge zero fees

Jury to be selected in retrial of ex-jail guard union boss

Aug 1, 2018

The bribery retrial of New York City's ex-jail guard union boss is set to begin Wednesday with jury selection

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