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Business
Samsung’s founding Lee family controls South Korea’s largest industrial conglomerate, and it does so partly with the help of a variety of Samsung...
Money
You don't mess with the IMF, and don't mess with Paul Singer and Elliott Management.
World News
Topping the list of donors was the CEO of Las Vegas Sands Corp. Sheldon Adelson.
Business
After Playtech founder Teddy Sagi made a bundle last year with the sale of 15% of his company, the gaming software play is still...
Money
One would think that hedge managers would get rewarded or penalized for performance or the lack thereof, but apparently this isn’t so. By...
Business
The twice-monthly short interest data is out, and once again the numbers show the perils of betting against companies that land in activists’ crosshairs....
Business
Leon Black and Paul Singer got rich by outsmarting other people. For much of this year they’ve been trying to outsmart each other, Bloomberg said. Black’s Apollo...
Court
A U.S. appeals court on Tuesday rejected Argentina’s bid to reverse a decision requiring the country and various banks to provide holdout creditors with...
Business
Financier Leon Black’s Caesars Entertainment, America’s No. 1 casino chain, said on December 19 it expected its largest subsidiary to file for bankruptcy in...
Money
Billionaire activist investor Paul Singer of Elliott Management purchased EMC (EMC) and now is urging it to spin off its 80% stake in VMWare...