The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.
Goldman Sachs picks its top nine technology stocks for 2012.
Zynga Inc embarks on a road show to promote its initial public offering next Monday, two sources familiar with the matter said, the latest dotcom name to try and whet investors' appetites.
Still another private equity bidder may be eyeing a bid for Yahoo: Boston-based giant Thomas H. Lee Partners
Almost three decades after she first played her onstage, Glenn Close has brought to the screen the strange and compelling character of Albert Nobbs, a woman in 19th-century Dublin who lives as a man to escape a traumatic past and hang onto her job as a waiter in precarious times.
Just weeks before the release of his first big-budget epic, Immortals, Relativity Media CEO Ryan Kavanaugh took a $200 million loan from billionaire Ron Burkle, TheWrap has learned.
U.S. District Court Judge Jed S. Rakoff issued an acerbic order blocking the U.S. Securities and Exchange Commission's proposed $285 million deal with Citigroup that is "neither fair, nor reasonable, nor adequate, nor in the public interest."
While big U.S. banks assured investors they were financially healthy during the financial crisis, they also quietly approached the Federal Reserve for more bailout money. As of March 2009, the Fed committed $7.77 trillion to rescue the financial system, which is more than half the value of everything produced in the U.S. that year. The amount dwarfed the Treasury Department's better-known $700 billion Troubled Asset Relief Program, or TARP.
Online gaming firm Nexon Co said on Monday it would raise up to 98 billion yen ($1.3 billion) in an initial public offering this month, pushing ahead with its planned listing even as a massive hacking attack threatens to dampen excitement for the stock.
Carl Huttenlocher, former Asia head of JPMorgan Chase & Co's Highbridge Capital, said he will launch a hedge fund with more than $300 million on December 1 after a delay in obtaining regulatory approval.
Former MF Global Holdings Ltd. CEO Jon Corzine is expected to testify at a U.S. congressional hearing next month, a committee aide said on Friday, tamping down speculation that the former head of the bankrupt brokerage would decline to take part.
Shares of the Chicago-based daily deals site fell once again Friday, closing down 0.88 percent to $16.81. Shares fell as low as $16.20 earlier in the day before the price went up near market close.
Occupy Tokyo is one of East Asia's most significant outgrowths of the Occupy Wall Street movement that has swept the world over the past two months, but most media sources have ignored it. Growing out of outrage over the Japanese government's handling of severe damage to the Fukushima nuclear plant in March, it has become a major force in the East Asian nation.
Microsoft, the world’s biggest software company, may be preparing for a renewed bid for troubled search engine Yahoo. Microsoft’s $44.6 billion bid for Yahoo was rejected in 2008.
The Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review of bank health.
Former customers of MF Global Holdings Ltd got some good news on Tuesday, as the bankruptcy trustee secured more assets and the CME Group Inc expanded a guarantee to speed the return of frozen funds.
The Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis.
U.S. retailers trying to woo shoppers with early deals and longer hours this week, and throughout the holiday season, could be putting their profits at risk as shoppers search for bargains and not much else.
A company run by former American International Group Inc Chief Executive Maurice Hank Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional.
The Greenwich Village townhouse at 64 Perry Street, next door to the fictional apartment of Carrie Bradshaw in Sex in the City, has sold for $9 million, according to New York City records.
Financial-related issues are taking the worst beating in the session.
When some bankers arrived late for work at Bank of America-Merrill Lynch's Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens.
