August 14, 2018

U.S. hedge funds bet on retail, tech in second-quarter as economy sizzled

Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute […]
August 14, 2018

Tesla forms three-member panel to decide on any Musk proposal

Tesla Inc’s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet […]
August 14, 2018

A look at Tesla’s nine-member board

Tesla Inc’s board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although […]
August 14, 2018

Einhorn’s Greenlight cuts back many top holdings, slices Apple

Billionaire investor David Einhorn, whose Greenlight Capital is posting some of the hedge fund industry’s worst returns, cut back several long-term holdings, including Apple Inc , […]
August 14, 2018

Home Depot second-quarter sales bounce back, results top estimates

Home Depot Inc’s profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for […]
August 14, 2018

Tinder founders sue parent IAC, saying it undervalued company

A group of founders, executives and early employees of popular dating app Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued Tinder to […]
August 14, 2018

Wall St. gains on earnings, recovery in bank stocks

U.S. stocks rose in a broad rally on Tuesday after four straight days of losses on a strong set of earnings from retailers and as bank […]
August 14, 2018

Global shares rebound as lira pulls out of nosedive

World share markets rebounded on Tuesday as Turkey’s lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest wobbles in […]
August 14, 2018

Uber names Matt Olsen as chief security officer

Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company’s Chief Executive Officer Dara Khosrowshahi said in a tweet on […]
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