Bloomberg News

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TIAA-Cref, Other Investors Allege $900M Fee-Driven Scheme By Schorsch

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Behind the accounting errors that knocked $4 billion off American Realty Capital Properties Inc...

The Doctor Is Out: LabCorp To Let Consumers Order Own Tests

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Consumers will soon be able to bypass their doctors by going online to order cholesterol readings, thyroid tests and other bloodwork from the biggest diagnostics company in the U.S.

Investors Go All In For Oil As Many See Market ‘Froth’ Elsewhere

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The collapse in crude prices was supposed to devastate companies and spook investors. Instead, the money keeps piling into oil.

Republicans Shrug Off Deficit Woes In Half-Trillion-Dollar Binge

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Congressional Republicans who came to power pledging tight-fisted budgeting are going on a tax-cut and spending binge that would boost federal deficits by a half-trillion dollars.

Ex-JPMorgan Chase Broker Charged For Taking And Losing Millions

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A former JPMorgan Chase & Co. broker faces federal charges that he stole $20 million from customers, only to lose at least $13.5 million in bets on Tesla Motors Inc., Apple Inc. and other companies.

Apple's Tim Cook Is A Steal At $65 Million In Pay

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Apple Inc.’s Tim Cook has the best pay-for-performance rating of any chief executive officer on the Bloomberg Pay Index, the first daily ranking of the highest-paid U.S. executives.

Mega-Donors Freed From Gift Tax They Never Paid

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The U.S. House voted this week to keep the Internal Revenue Service from hitting the nation’s wealthiest mega-donors with gift taxes for their political contributions.

GoPro's Woodman About To Become Highest-Paid CEO

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The 39-year-old was granted 4.5 million restricted stock units that were valued at $284.5 million at the end of 2014.

Inside A Billionaire's Family Office: Navy Seals, Yacht Captains

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As the number of billionaires has surged worldwide in recent years, demand for people who can provide niche skills -- and discretion -- has jumped.

Harvard Is Even Richer Than You Think

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The rich are getting richer in U.S. higher education, a new report shows.

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