Investment Management

Company behind Florida migrant children camp drops IPO plans

Mar 5, 2019

The corporation behind a Florida detention camp for migrant children is abandoning its plans to go public as controversy grows around policies that lock up children crossing the Mexico border

Stock market turmoil pushes Norway's oil fund to loss

Feb 27, 2019

A drop in stock markets last year pushed Norway's sovereign wealth fund, the world's largest of its kind, to report a loss of 485 billion kroner ($56.4 billion) last year

US embassy urges Russia to allow visit to jailed US investor

Feb 21, 2019

The United States Embassy in Moscow has called on Russian authorities to allow its staff to visit a U.S. investment fund manager who has been jailed pending a fraud investigation

Group at MIT wants a celebration for a new college canceled

Feb 19, 2019

Some students and professors at the Massachusetts Institute of Technology are asking the school to cancel celebrations for a new computing center

From Bogart to millennials: Italian hat maker tries new look

Feb 17, 2019

Historic Italian hat-maker Borsalino maintains Italian footing with private equity backer, focuses on youth, women and Asia for future growth

Veteran US investment manager detained in Moscow

Feb 15, 2019

A veteran U.S. investment fund manager has been detained in Moscow and faces fraud charges

Israeli spyware company NSO is re-acquired by its founders

Feb 14, 2019

An Israeli software firm known for its phone-surveillance technology says it has been re-acquired by its founders in a major sale

Double tap: Investors face taxes for funds that fell in 2018

Feb 14, 2019

As if the worst year for stocks in nearly a decade weren't bad enough, many investors now have to pay a tax bill on top of it

Markets Right Now: US stocks rise on deal to avoid shutdown

Feb 12, 2019

Stocks close higher ahead of key trade talks between the US and China, with fears of a slowdown lingering

AP Exclusive: Undercover spy exposed in NYC was 1 of many

Feb 11, 2019

The AP has identified a total of six people who have been approached by undercover operatives in an apparent bid to record them making inflammatory statements about an Israeli company that makes smartphone hacking spyware

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