Nelson Peltz Abandons Cannabis For Asset Managers
Bailing on Aurora board frees up $1 billion for the activist to reinvest in big Janus and Invesco stakes ahead of what he sees as consolidation ahead.
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Debate Leaves Barry Sternlicht Furious
Sternlicht, who describes himself as socially liberal and fiscally conservative, also noted that he disagrees with Biden’s proposal to increase taxes.
Marc Lasry: Hang In There For Post-Election Stimulus
Investors thinking about pulling out of the market before the election should stay long, according to billionaire investor Marc Lasry.
Icahn Sets Formal Succession Plan
The pair, who have worked together off and on for years, said Brett would likely become CEO and chairman by 2027 if 84-year-old Carl agrees.
Stuart Kaplan: Buffett Bullion Bet Makes It "Safe" To Own Gold
Buffett effectively "detoxified" gold when his Berkshire Hathaway conglomerate revealed a $564 million stake in the gold miner in August, Kaplan says.
These October Surprises Usually Don’t Turn Out So Bad for Stocks
While Octobers can be volatile for stock markets, they don’t always end on a down note. The performance tends to start with a decline and then end up.
Gundlach's Realtor Plea Draws Derision
At least one critic wonders whether the reigning bond king is so eager to leave California for the tax code or for peripheral lifestyle benefits.
