Bloomberg News

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Hedge Fund Pays Executives For Expenses To Manage Fortunes

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Fortress Investment Group gave four of its top executives $63 million in compensation last year, including the cost of managing their fortunes.

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Alibaba To Start Trading On NYSE After $21.8 Billion IPO

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Alibaba, the e-commerce company started in 1999 with $60,000 cobbled together by Jack Ma, is set to debut in U.S. trading today after raising $21.8 billion in its initial public offering.

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Alibaba Sentiment Adds $3.1 Billion For Top Tech Tycoons

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Jack Ma isn’t the only billionaire winner of Alibaba’s IPO. The record-setting stock sale also gave a jolt to the fortunes of the world’s wealthiest technology tycoons.

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Bond Glut Imperils Muni Debt Rally

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Benchmark yields are rising from a 15-month low as issuers from California to New York schedule about $12 billion of debt offerings in the next 30 days.

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Testosterone Drugs May Need Further Study on Heart Risk

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Drugmakers should conduct new trials to assess the heart risks of testosterone therapies used by 2.3 million men last year, U.S. regulatory advisors said.

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Rising Markets, Real Estate Values Boost Millionaire Ranks

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The number of U.S. millionaires rose at a record rate of 17 percent in 2013 as surging equity markets and real estate lifted assets.

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Russian Arrest Stings Billionaires Already Hit By Sanctions

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The arrest of one of Russia’s oldest billionaires is sending shivers down the backs of business owners already reeling from sanctions over President Vladimir Putin’s policies in Ukraine.

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Eight Things In The U.S. Poverty Report That’ll Make Women Angry

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A poverty report shows the reality of gender inequality.

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How To Join The 9,000 U.S. Taxpayers With Romney-Sized IRAs

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Looking for ways to cobble together a fortune in an IRA under the current contribution limit of $5,500 a year? Here are possible strategies.

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Tower Speed-Trading Unit Fined $16 Million Over Capital Rule

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A Tower Research Capital unit agreed to pay the record penalty to settle regulatory claims that it didn’t hold enough capital to support its high-frequency trading.

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