However philanthropic the intentions of Mark Zuckerberg, he isn’t required to give a penny of his $45 billion to charity despite his announcement Tuesday.
Billionaire Rich Kinder's stake in the company with his name on the door is now worth about $5 billion less as Kinder Morgan has become the worst-performing pipeline stock in the S&P 500.
RJFS's CEO says the purchase gives the firm a strong foundation to expand in the Northeast and mid-Atlantic, some of the wealthiest markets of the country.
Investors should protect their money in 2016 rather than reach for higher returns as central bank efforts to stimulate the global economy set the stage for markets to ultimately fall, he says.
Hedge fund investors are losing patience even with marquee firms as many of them struggle this year, especially those that offer macro strategies or stock funds heavily weighted to rising shares
New Harvard endowment chief Stephen Blyth, who has a "Yale Sucks" t-shirt framed in his Boston office, is trying to revive the university's sagging fund.
