Hedge fund management

FILE - This Oct. 14, 2009 file photo, shows copies of the McClatchy Co. owned Miami Herald newspaper in Miami. McClatchy Co., the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection. McClatchy Co. said Thursday, Feb. 13, 2020, that it will continue to run normally as it pursues approval of its restructuring plan under Chapter 11. (AP Photo/Wilfredo Lee, File)
KNSS News
February 13, 2020 - 2:06 pm
NEW YORK (AP) — McClatchy, the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers, has filed for bankruptcy protection as it struggles to pay off debt while revenue shrinks because more readers and advertisers are going online. McClatchy said Thursday that its 30...
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Fred Wilpon, principal owner of the New York Mets, waves as he heads to a meeting during MLB baseball owners meetings, Wednesday, Feb. 5, 2020, in Orlando, Fla. (AP Photo/John Raoux)
February 06, 2020 - 7:13 pm
ORLANDO, Fla. (AP) — Baseball Commissioner Rob Manfred says talks have ended over the proposed sale of a controlling share of the New York Mets from the families of Fred Wilpon and Saul Katz to hedge fund manager Steven Cohen. The Mets said Dec. 4 the contemplated deal between Sterling Partners and...
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Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
December 19, 2019 - 6:00 am
LONDON (AP) — U.K. authorities began investigating Thursday into how some hedge funds had access to market-sensitive news conferences of the Bank of England via an audio system a few seconds earlier than anyone else, an advantage they could have used to make big profits. Following a report late...
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September 09, 2019 - 8:37 am
NEW YORK (AP) — Activist hedge fund manager Elliott Management is making a new $3.2 billion investment in AT&T and calling for changes at the company such as selling its DirecTV and Mexican wireless operations. The move comes as AT&T readies a streaming service following its $81 billion...
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FILE - In this Aug. 11, 2019, file photo, Democratic presidential candidate and businessman Tom Steyer waits to speak at the Des Moines Register Soapbox during a visit to the Iowa State Fair in Des Moines, Iowa. Tax records released by Steyer show he made well over a billion dollars over the last decade. (AP Photo/Charlie Neibergall, File)
August 29, 2019 - 6:29 pm
WASHINGTON (AP) — Democratic presidential candidate Tom Steyer made well over a billion dollars over the last decade from holdings that not only include the hedge fund he founded, but also investments in Chinese private equity firms, tech startups, pharmaceutical companies and nursing homes, his...
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In this July 1, 2016 photo, Bob McDevitt, left, president of Local 54 of the Unite Here casino workers union, speaks to reporters outside the Trump Taj Mahal casino in Atlantic City N.J. hours after the union went on strike against the casino, which was owned by billionaire investor Carl Icahn. On Wednesday, April 10, 2019, McDevitt's union called on casino regulators in New Jersey, Nevada and Ohio to protect casino workers from hedge fund or private equity firms that own casinos if they seek to quickly extract profits from the properties while hurting workers. (AP Photo/Wayne Parry)
April 10, 2019 - 1:12 pm
ATLANTIC CITY, N.J. (AP) — The nation's largest casino workers union is asking gambling regulators to protect employees from neglect by hedge funds or private equity firms seeking short-term returns from casino ownership. Unite Here approached gambling regulators in three states Wednesday, asking...
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In this Nov. 2, 2018 photo, a sign in the window at Sears promises that "This isn't goodbye," at the Livingston Mall in Livingston, N.J. Sears is closing 80 more stores as it teeters on the brink of liquidation. The 130-year old retailer set a deadline of Friday, Dec. 28, 2018 for bids for its remaining stores to avert closing down completely. (AP Photo/Ted Shaffrey)
December 29, 2018 - 12:03 am
NEW YORK (AP) — Sears Chairman Eddie Lampert's hedge fund said it submitted a last-minute bid Friday valued at $4.4 billion to keep the struggling retailer from being liquidated. Transform Holdco LLC, an affiliate of the ESL Investments hedge fund that Lampert heads, said it hoped to keep 425...
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