Bloomberg News

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Sears’s $2.5 Billion REIT Plan May Be Blueprint For Future Deals

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A newly formed real estate investment trust, Seritage Growth Properties, will buy 254 Sears and Kmart locations and then lease them back to the retailer.

Small Dominates Big in China’s Stimulus-Driven Stock ETF Rally

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Smaller is better right now when it comes to U.S. exchange-traded funds investing in China’s booming stock market.

Buffett Says Auto Dealerships Are Valuable Whatever Yellen Does

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Berkshire Hathaway Inc. Chairman Warren Buffett said the company will buy more auto dealerships, regardless of the interest-rate outlook, in part because the price of entry is reasonably predictable.

Howard Marks: How A Young Gundlach Learned From His 1994 Mistakes

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Jeffrey Gundlach’s main mutual fund, the $45.6 billion DoubleLine Total Return Bond Fund, is at the top of its class as it marks its fifth anniversary on April 6.

L.A. Police Investigate Death Of Getty Empire Heir

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Los Angeles homicide detectives are investigating the death of Andrew Getty, a 47-year-old heir to the Getty oil fortune, at his Hollywood Hills home on Tuesday.

Harvard Rejections Multiply As Misery Finds Plenty Of Company

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Ivy League colleges once again disappointed tens of thousands of teenagers as they accepted a lower percentage than ever—even as they encouraged more to apply.

Gross Betting On Leverage To Lift Returns At Janus

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Bill Gross is betting on leverage to lift returns in an environment of persistently low interest rates and inflated asset prices, an approach he says he shares with hedge fund managers Ray Dalio and...

These Students Could Get the Government To Kill Their Loans

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A group of student activists is demanding a refund on their federal student debt, and the government is listening.

Hedge Fund Investors Seek Hungry Managers As Old Guard Fails

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Frustrated with the mediocre performance of some of the industry’s old guard, investors hoping for higher returns are writing checks to a handful of new funds.

JPMorgan Executives Deposed In SEC Asset-Management Probe

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The SEC reportedly is looking at whether the asset-management unit at the bank developed a policy to improperly steer clients into investments for JPMorgan’s own financial gain.

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