Bloomberg News

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Gross Left Behind In Pimco Return To Top

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Bill Gross promised in May that Pimco funds would be back on top by the end of the year. His prediction is looking good—unless you count funds Gross runs.

Ex-UBS Banker Weil Asks To Have Trial Witnesses Testify On Video

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Former UBS AG banker Raoul Weil, accused of helping Americans evade taxes, may be allowed to call fellow bankers as witnesses to testify from overseas by video because they fear arrest if they travel...

Twitter NYC Headquarters Sells To Schorsch REIT For $335 Million

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New York REIT Inc., led by Nicholas Schorsch, agreed to pay $335 million for a two-building property that’s home to Twitter's East Coast headquarters.

Estate Tax Repeal Vote Possible in House In 2014

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Republicans are considering voting this year to repeal the U.S. estate tax, said House Ways and Means Chairman Dave Camp.

Buffetts Take On Ricketts In Nebraska's Billionaire-Backed Race

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The offspring of two of America’s wealthiest men are on opposite sides of the Nebraska governor's race, where four percentage points separate the candidates.

Greenspan Says Stocks Likely To See 'Significant Correction'

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Former Federal Reserve Chairman Alan Greenspan said equity markets will see a decline at some point after surging for the past several years.

Alimony Would End Sooner In N.J. If Christie Signs Bill

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Governor Chris Christie must decide in coming weeks whether to support an end to lifetime alimony in New Jersey, part of an overhaul that supporters say doesn’t go far enough.

Elliott Warns Of Greatest Danger In Electromagnetic Pulse

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Paul Singer's Elliott Management warned of the risk of an electromagnetic pulse event massively disrupting the electronic grid in a wide-ranging investor letter that took shots at central bankers,...

Pedophiles Nabbed As Banks, Cops Follow Money Trail

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Police have successfully stepped up cooperation with financial companies to cut off the money that fuels the trade in online porn.

U.S. Homeownership Falls To 19-Year Low Amid Credit Crunch

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The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market.

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