Finance

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KPS Capital Sees 15x Return On Attends Healthcare

KPS Capital Partners expects a 15-times return on its pending sale of Attends Healthcare Inc.

Phil Falcone Hearts Research in Motion

Billionaire hedge fund manager Phil Falcone apparently has made a fresh investment in Research in Motion, the beaten-down maker of the Blackberry smartphone.

FCC probing San Francisco wireless shutdown

The US Federal Communications Commission said on Monday it was investigating a controversial decision by a San Francisco regional transit authority to shut down wireless phone transmissions last week. A brief statement by the federal regulators suggest...

Einhorn’s Greenlight Reports Increased Microsoft, Best Buy Stake

Hedge-fund manager David Einhorn reported holdings that signal his enduring faith in Microsoft, even as he has shed a stake in Microsoft partner Yahoo.

Californians Urged To Boycott Amazon For ‘Cheating’ The State

SACRAMENTO, Calif. — A coalition of nonprofit groups is calling on customers of Amazon.com to cancel their accounts unless the Internet retailer stops resisting a...

Californians Urged To Boycott Amazon For ‘Cheating’ The State

SACRAMENTO, Calif. — A coalition of nonprofit groups is calling on customers of Amazon.com to cancel their accounts unless the Internet retailer stops resisting a...

Soros Fund Cut Stakes In Citi, Wells Fargo, Monsanto

Billionaire investor George Soros's hedge fund reported lower stakes in big banks Citigroup and Wells Fargo, and slashed its ownership in Monsanto, a former top holding, according to a regulatory filinglate Monday.

Do Mean People Earn More?

When it comes to the bottom line, it's better to be disagreeable in the workplace, according to a new study. The Wall Street Journal reports...

Ackman’s Pershing Square Reports Stakes in Family Dollar, Citigroup

Activist investor Bill Ackman's Pershing Square Capital Management reported bigger stakes in Family Dollar Stores and Citigroup but a smaller one in J.C. Penney as of June 30, according to a Monday regulatory filing.

ADESA to Aquire OPENLANE

ADESA, a unit of KAR Auction Services, has agreed to buy OPENLANE for $210 million cash. OPENLANE, of Redwood City, Calif., is a b2b automotive remarketing company.

Despite Teen Deaths On Farms, Child Labor Rules Stalled At White House

WASHINGTON -- Last week, two 17 year olds were critically injured in Oklahoma when they were pulled into a grain augur while on the job....

Icahn Reports New Stakes In Vector Group, El Paso

Billionaire investor Carl Icahn reported a new stake in Vector Group Ltd., which makes Liggett and other cigarettes.