A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that"s legal.
A California appeals court will soon rule on whether Jefferies can demand a $4 million breakup fee from a banker who backed .....»»
3 top execs at hedge fund Elliott Management have put their New York apartments up for sale as the firm moves to Miami. See inside one of the $39.5 million homes.
Three luxury properties are being listed for sale in New York amid a migration to Florida among Wall Street firms and executives. The living room of a TriBeCa apartment that's being listed for $39.5 million. Co.....»»
Jefferies CEO got $3M bonus even though he didn"t meet board"s goals
Most people up for a performance-based bonus don’t get the bonus if their performance isn’t up to snuff. But when you’re CEO of a Wall Street firm, different rules apply. awarded a $3.25 million... To view the full story, click the title link......»»
Juul raises more than $700 million in convertible debt to fund operations: WSJ
E-cigarette maker Juul Labs Inc. has raised more than $700 million in convertible debt to fund its operations, as it struggles with regulatory and legal challenges, the Wall Street Journal reported Thursday, citing people familiar with t.....»»
Tesla surges after earnings beat, vows to sell more than half a million vehicles this year
Tesla Inc. stock rose late Wednesday after the Silicon Valley car maker reported quarterly earnings that beat Wall Street expectations and said Model Y production started this month......»»
NewsWatch: Tesla surges after earnings beat, vows to sell more than half a million vehicles this year
Tesla Inc. stock rose late Wednesday after the Silicon Valley car maker reported quarterly earnings that beat Wall Street expectations and said Model Y production started this month......»»
The Wall Street Journal: T-Mobile, Sprint merger could be derailed by California regulators
T-Mobile US Inc. and Sprint Corp. are waiting for a federal judge to rule on whether they can merge, but the companies face another hurdle even if they overcome that legal challenge: the California Public Utilities Commission......»»
Netflix could lose 4 million US subscribers in 2020
Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up. Conway G. Gittens reports......»»
Netflix could lose 4 mln U.S. subscribers -analyst
Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up......»»
Wall Street poised to get long-sought changes to Volcker limits
Wall Street regulators are set to roll out a Volcker Rule overhaul that’s meant to respond to banker complaints about the trading ban’s complexity and compliance demands......»»
LedgerPrime Raises $12 Million for Crypto Quant Trading
LedgerPrime, a crypto trading firm led by ex-Wall Street whizzes, has closed on $12 million of capital and secured commitments for another $8 million......»»
The Wall Street Journal: 1.3 million more Americans may become eligible for overtime pay, but it could have been many more
An additional 1.3 million Americans who work more than 40 hours a week would become eligible for overtime pay under a rule proposed Thursday by the Labor Department......»»
CEO of Concert Firm Live Nation Got Paid Like a Rock Star
Michael Rapino, CEO of Live Nation Entertainment, received a 2017 pay package of $70 million-plus, ranking him second among CEOs at S&P 1,500 companies, according to a Wall Street Journal analysis......»»
Inside the Wall Street charity day where celebrities and star athletes pretend to be traders
Anthony J Causi BTIG, an international trading firm, hosted its 15th annual Commissions for Charity Day last week. The company raised more than $5 million to be donated to charities around the world. "We are thrilled with the re.....»»
Jon Corzine’s Wall Street comeback in jeopardy so far as hedge fund attracts trickle
The former Goldman Sachs banker and New Jersey governor has raised just about $20 million while the sales document is irking some investors......»»
The Wall Street Journal: MLB teams with private investment firm to buy Rawlings, the maker of baseballs
Rawlings, a more than century-old company that produces the official ball and helmet of Major League Baseball, will be changing hands in a $395 million deal that adds the professional league as a key investor......»»
The Wall Street Journal: Johnny Depp settles $25 million lawsuit against former business managers
Johnny Depp has settled a bitter legal dispute with his former business managers, the actor said Monday, a move that allows him to avoid a public and potentially embarrassing trial over how he has lost much of his Hollywood fortune......»»
Apple Inc. (NASDAQ:AAPL) concerns about the company’s legal fight with Qualcomm
Apple Inc. (NASDAQ:AAPL) concerns about the company’s legal fight with Qualcomm A Wall Street research firm on Monday lowered its rating on Apple stock to negative from neutral on concerns about the company’s legal fight with Qualcomm (Q.....»»
The Wall Street Journal: Tempur Sealy sues, says Mattress Firm is selling ripoff mattresses
Tempur Sealy International Inc. escalated a legal battle with former customer Mattress Firm Inc., filing a lawsuit accusing the retail chain of selling copycat products without authorization......»»
Morgan Stanley unit to pay $10 million fine for anti-money laundering violations
Wall Street's industry funded watchdog fined the U.S. brokerage unit of Morgan Stanley $10 million on Wednesday for compliance failures in the firm's anti-money laundering program, the regulator said......»»
Teachers are quitting at record rates
Teachers are quitting their jobs at the highest rate since the government started keeping records in 2001, new data from the U.S. Department of Labor shows. The Wall Street Journal reports that in the 12 months that ended in October 2018, one million .....»»