By Matthew Goldstein (Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, ac... [Full Article]
By Greg Roumeliotis NEW YORK (Reuters) - Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades scoured the stock market for undervalued companies. Now they are trying to convince investors that shares in their ow... [Full Article]
BEIJING (AP) - A U.S. private equity tycoon announced Sunday the establishment of a $300 million endowed scholarship program in China for students from around the world, and billed it as a rival to the prestigious Rhodes Scholarship. (Source: Associa... [Full Article]
By Mark Hosenball and Phil Stewart WASHINGTON (Reuters) - North Korea's explicit threats this week to strike the United States with nuclear weapons are rhetorical bluster, as the isolated nation does not yet have the means to make good on them, ... [Full Article]
By Greg Roumeliotis and Jessica Toonkel NEW YORK (Reuters) - Dell Inc appeared to have received competing offers following a $24.4 billion agreement last month to be taken private by its founder and private equity firm Silver Lake, setting up a tug-o... [Full Article]
(Reuters) - The earnings of Blackstone Group LP head Stephen Schwarzman were flat in 2012 at more than $200 million, while Leon Black, the CEO at private equity rival Apollo Global Management LLC , closed in on him with a 73 percent rise in his earni... [Full Article]
SAN FRANCISCO (Reuters) - Apple Inc's new iPhone goes on sale on Friday with a bigger screen and 4G wireless technology, as the company seeks to maintain its edge over rivals such as Samsung Electronics Co Ltd and Google Inc. The iPhone 5 met th... [Full Article]
(Reuters) - Amazon.com Inc trumpeted cutting-edge wireless technology as a key selling point for the fanciest of the new Kindle devices introduced by CEO Jeff Bezos on Thursday. There's just one problem: the devices have not yet been approved fo... [Full Article]
Remember Ireland. Remember France. The All Blacks have dug into their file of close shaves for motivation ahead of their rematch with Australia on Saturday where they are overwhelming favourites. (Source: AFP)... [Full Article]