Citadel and Its Peers Are Piling Into the Same Trades. Regulators Are Taking Notice
Even Ken Griffin is a little worried. Multimanager funds like Griffin’s Citadel have come to dominate the hedge
2023-12-01 03:27
US FAA wants new airplanes to capture more cockpit data to boost safety probes
WASHINGTON The Federal Aviation Administration (FAA) on Thursday said it is proposing to extend the cockpit voice-recording requirement
2023-12-01 03:15
Academy Sports is paying $2.5 million to families of a serial killer's victims for illegal gun sales
A sporting goods chain is paying the families of three people shot to death by a South Carolina serial killer $2.5 million after the store sold guns to a straw buyer for the killer
2023-12-01 01:29
The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September
The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market
2023-12-01 01:19
Biden administration to release aviation fuel subsidy guidance by year's end-Agriculture Secretary
By Leah Douglas WASHINGTON U.S. Agriculture Secretary Tom Vilsack said on Wednesday he was confident the Treasury Department
2023-12-01 01:18
Appeals court reinstates gag order that barred Trump from maligning court staff in NY fraud trial
A New York appeals court has reinstated a gag order that barred Donald Trump from commenting about court personnel after he disparaged a law clerk in his New York civil fraud trial
2023-12-01 00:17
Adelson adding NBA team to resume of casino mogul, GOP power broker, US and Israel newspaper owner
The prospective new owner of the Dallas Mavericks is one of the richest women in the world, a Las Vegas casino mogul, and a U.S. and Israel power broker and newspaper publisher
2023-11-30 23:55
Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs
Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance
2023-11-30 23:46
GM believes it will stop losing money on electric vehicles in 2025 as higher margin vehicles arrive
General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing and sees battery cost reductions
2023-11-30 23:20
Pharmaceutical company AbbVie buying ImmunoGen in $10.1 billion deal
Pharmaceutical company AbbVie is buying ImmunoGen in a deal valued at about $10.1 billion that will speed up its entry into the commercial market for ovarian cancer
2023-11-30 22:45
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
British ex-Treasury chief Alistair Darling has died at age 70
2023-11-30 22:27
Applications for US jobless benefits rise modestly, but continuing claims are most in 2 years
Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years
2023-11-30 21:58