Tag archive for ‘Economy of the United States’
News On Wednesday, October 28th, 2015

AIG CEO Rebuffs Carl Icahn’s Call to Split Company

Billionaire investor Carl Icahn has called for AIG to split into three separate companies. Bloomberg’s Dan Kraut reports on the weak areas of AIG business and which assets the company may be able to sell More...

Niva Goldberg On Tuesday, October 27th, 2015

Walgreens Boots Alliance near deal to buy Rite Aid: report

Drugstore operator Walgreens Boots Alliance Inc. is in advanced talks to buy rival Rite Aid Corp, a source familiar with the matter told Reuters. The Wall Street Journal reported the news earlier on Tuesday More...

News Brief On Wednesday, October 7th, 2015

Oak Tree snags four Brooklyn rental buildings for $60 Million

  OakTree Management acquired a package of four rent-regulated multifamily buildings across three Brooklyn neighborhoods for a combined $60.2 million, according to property records filed with the city More...

News Brief On Sunday, October 4th, 2015

Warburg Pincus Said to Opt Out of Buying Brazilian Bank’s Shares – Bloomberg

 Warburg Pincus LLC, the New York-based private-equity firm, won’t buy more shares of Banco Indusval SA as the Brazilian bank sells stock to raise $20 million in capital, according to two people More...

Niva Goldberg On Thursday, October 1st, 2015

Carl Icahn says would ‘keep cash’ given market risks – WATCH HERE CNBC

    Billionaire activist investor Carl Icahn told cable television network CNBC on Wednesday that he would recommend investors hold cash given market risks and that he was considering buying “a More...

News Brief On Thursday, October 1st, 2015

City of Boston files new lawsuit to block Wynn casino

The City of Boston has opened a new front in its effort to halt the $1.7 billion casino planned for Everett, filing a lawsuit challenging the validity of a key certification that Wynn Resorts needs to begin More...

News Brief On Wednesday, September 30th, 2015

Carl Icahn Claims America Is Burning And Trump Can Turn Things Around

  Carl Icahn supports Donald Trump as president and would accept Trump’s offer of the Treasury Secretary position. In a video he released Tuesday, September 29, 2015, 79-year-old Icahn indicated More...

Professor Martin Feldstein On Tuesday, September 29th, 2015

Harvard Professor Martin Feldstein: The Chinese Economy and Fed Policy

Janet Yellen’s speech on September 24 at the University of Massachusetts clearly indicated that she and the majority of the members of the Federal Reserve’s Federal Open Market Committee intend to raise More...

Billionaire Carl Icahn Endorses Candidate Donald Trump

  In an interview to Bloomberg on Tuesday, billionaire Carl Icahn backs Donald Trump’s calls to end carried-interest loopholes and rules that encourage corporations to relocate overseas and avoid repatriating More...

Niva Goldberg On Thursday, September 17th, 2015

Patrick Drahi’s Altice agrees $17.7 billion U.S Cablevision deal

  Patrick Drahi’s Altice NV Thursday said it would buy Cablevision Systems Corp. for about $17.7 billion including debt. The acquisition of Cablevision represents Altice’s next step in the US market More...

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