The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to.
Seven years after selling shares to the public and then watching them slump, Stephen Schwarzman’s Blackstone Group LP is rewarding investors with the top gains among money managers.
SAC Capital Advisors LP, Steven Cohen’s hedge-fund firm that last year agreed to pay a record fine to settle U.S. insider-trading charges, said it will rename itself Point72 Asset Management.
The ugly split between Pimco founder Bill Gross and his former heir apparent Mohamed El-Erian has been a distraction at a critical time for the firm...
The American equity rally that just turned five years old is starting to match the 1990s Internet bubble when it comes to its speed. That’s where most of the resemblances end.
Developed economies are less resilient to an emerging-market shock than they were in the 1990s, when crises from Thailand to Russia rattled investors without triggering a global recession.
