Oracle Corp. Chief Executive Officer Larry Ellison has acquired Island Air, gaining a regional carrier in Hawaii where he owns most of the island of Lanai.
The SEC is investigating whether former junk-bond pioneer Michael Milken acted as an advisor to Guggenheim Partners in violation of a lifetime ban from the securities industry, a source said.
The SEC must move more quickly in pressing some fraud lawsuits, the U.S. Supreme Court ruled in a decision that may affect agencies across the government.
Wall Street junk-bond underwriters, selling debt at a record pace after the securities returned 19 percent last year, say it’s obvious that prices will drop when interest rates rise.
Singapore plans to raise taxes for luxury homeowners and investment properties, widening a four-year campaign to curb speculation after prices in Asia’s second-most expensive housing market rose to...
JPMorgan Chase & Co. plans to reduce headcount by as many as 19,000 people in its mortgage and community banking businesses through 2014 as Dimon cuts expenses.
The 100 wealthiest people on the planet shed $21.3 billion from their collective net worth as the Standard & Poor’s 500 Index posted its first weekly decline so far this year.
