Investment Management

AkzoNobel selling specialty chemicals unit for about $12.5B

Mar 27, 2018

AkzoNobel is selling it specialty chemicals unit to The Carlyle Group and investment firm GIC for about $12.5 billion

Nuns, funds and guns: the firearms debate on Wall Street

Mar 26, 2018

Investment firms like BlackRock are weighing in on the national gun safety debate by asking firearms makers what they plan to do about gun violence and safety concerns

Weather Channel sold to independent studio, distributor

Mar 23, 2018

The Weather Channel is under new ownership

Judge grants initial motions in Weinstein Co. bankruptcy

Mar 21, 2018

A Delaware bankruptcy judge has issued initial orders allowing the Weinstein Co. to continue paying its bills and working toward a sale of most of its assets

Peter Peterson, billionaire and philanthropist, dies at 91

Mar 20, 2018

Peter G. Peterson, an executive and philanthropist who argued passionately that the U.S. must reduce its national debt, dies of natural causes at age 91

President of billionaire's firm resigns amid sexism lawsuit

Mar 19, 2018

The president of billionaire Steven Cohen's investment firm in Connecticut has resigned, shortly after the firm was sued over alleged hostile, sexist and discriminatory conduct by male executives

Why so few female fund managers? It's not their performance

Mar 15, 2018

Just one of every 10 managers at U.S. mutual funds is a woman, but performance matches men

APNewsBreak: Trump Jr., donor have longtime undisclosed ties

Mar 12, 2018

Records show Donald Trump Jr. and a hedge fund manager who helped raise millions for the Trump campaign have a business relationship that hasn't been disclosed

The Latest: Attorney says 'Pharma Bro' OK after sentence

Mar 9, 2018

The attorney for convicted fraudster Martin Shkreli says his client is doing "fine" after he was sentenced to seven years in prison

BlackRock adds pressure on gun makers to make changes

Mar 2, 2018

BlackRock, an investment firm that manages more than $6 trillion in assets, says it is asking gun makers and retailers about how they are responding to a high school shooting in Florida

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