Since the 1980s, Citgo Petroleum has operated as the US-based subsidiary of Venezuela’s state-owned oil and gas company.
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Wall Street’s smart money is starting to take out some short positions on the AI trade, albeit mostly around the industry’s fringes.
The cult hero/curiosity has launched a social media broadside against the AI trade that has fueled this year’s market rally.
Trian and General Catalyst said they want to free Janus Henderson “from the constraints of operating as a public company.”
The last time this many people piled into hedge funds, the only great recession anyone might have been aware of was Larry David’s hairline.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
Punxsutawney Phil may see six more weeks of winter, but hedge funds aren’t waiting to emerge from their bearish slumber.
Billionaire Bill Ackman is making Pershing the latest high-profile company to depart longtime corporate haven Delaware.
Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.
Hwang’s sentencing bookends a dramatic saga that began with the shock implosion of his firm that cost Wall Street billions.
American firms in China have seen better days, except for the Chinese operations of hedge fund giants Two Sigma and Bridgewater.
Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.
Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.
It sounds like something a gunslinging, billionaire hedge fund manager might say. And it is. Ray Dalio, founder of the highly secretive, $100 billion hedge fund Bridgewater Associates, is still in damage-control mode following the release of a book…