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Wall Street Week A female staffer at Point72, billionaire Steve Cohen’s investment firm, filed a lawsuit alleging widespread discrimination of women. Two senior men targeted in the lawsuit, Doug Haynes and Mark Herr, have for years pushed the narrative that Point72 is a welcome place for women. Haynes presented at an all-women’s networking group, for […]
REUTERS/Eduardo Munoz Paul Tudor Jones, the billionaire founder of hedge fund Tudor Investment Corporation, said he feels like he’s in his 20s again. In a letter to investors, he identified a number of concerns about the market. These include a mistaken central bank obsession with an inflation target of 2%, a growing deficit, and a […]
Getty Images / Ethan Miller Steve Wynn has resigned as CEO and chairman of Wynn Resorts. The billionaire mogul recently faced allegations of sexual misconduct. Wynn had admitted no wrongdoing and said in his resignation statement that there had been a “rush to judgment,” which he said took precedence over everything “including facts” with regard […]
Reuters Billionaire Steve Wynn, one of the biggest donors in politics, was accused of widespread sexual misconduct on Friday. He has donated millions to Republicans while donating a much smaller amount to Democrats. So far, his largest recipients have remained silent. Billionaire casino magnate Steve Wynn, who was just accused of widespread sexual misconduct, including […]
Mike Blake Real estate magnate Steve Wynn stepped down Saturday as the finance chair of the Republican National Committee. Wynn has been accused of widespread sexual misconduct, including assault. Wynn, a prolific Republican donor, became the RNC’s finance chair after President Donald Trump’s election. Billionaire casino mogul Steve Wynn resigned Saturday as the Republican National […]
Chris Helgren/Reuters Toronto police are now investigating billionaire pharmaceutical entrepreneur Barry Sherman and his wife’s deaths as a double homicide. The couple died of strangulation by hanging in their home in December. There is so far no evidence of forced entry. There had been speculation in the media that Sherman had murdered his wife before […]
Thomson Reuters Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the kingdom’s sweeping crackdown on corruption, says he expects to be cleared of wrongdoing and be released from custody within days. He’s been detained in Riyadh’s opulent Ritz-Carlton hotel for more than two months, along with dozens of other suspects. The prince, one of the nation’s most […]
Markets Insider Shares of Nike popped as much as 2% in pre-market trading Friday after Pershing Square Capital, the $ 12+ billion dollar hedge fund run by activist Bill Ackman, reportedly told investors it had acquired a passive stake in the company. The size of the investment is unclear, as is timing, but Ackman reportedly […]
Bloomberg TV Many companies have welcomed the new tax law by announcing bonuses, wage hikes, and hiring. Oaktree Capital founder Howard Marks threw cold water on the GOP tax reform in a new memo, questioning its long-term benefits and capacity to create new jobs. “So call it a gift to the corporate sector if you […]
courtesy of Jordan Cohen, RE/MAX Thomas Tull, the billionaire producer of blockbuster films “Godzilla” and “Jurassic World,” just listed his Los Angeles mansion for $ 85 million. The 33-acre compound has a lake and an organic farm. Indoor amenities include a wine cellar, movie theater, photo studio, and Himalayan salt therapy room. Legendary. That’s […]
