REPORT: Institutional investors are pulling out of Bill Ackman’s hedge fund at a ‘rapid pace’

Reuters/ Brian Snyder Institutional investors are pulling out of Pershing Square Capital at a “rapid pace,” according to the Wall Street Journal. Pershing Square’s total assets reportedly declined by 12% in the first quarter of 2018, falling to a total of $ 8.2 billion. Institutional investors are pulling money out of Pershing Square Capital at […]

South Korean officials seek clarification after reports suggested Trump was considering pulling US troops out of the country

John Locher/AP South Korean officials are looking for clarification on comments President Donald Trump made about the status of US troops in the country. During a speech, Trump referenced what he called the US’s “big trade deficit” and its military presence in South Korea, prompting speculation over whether he was considering a withdrawal of US […]

A Democratic underdog is close to pulling out a huge upset in the nation’s biggest election

Drew Angerer/Getty Images Democrat Conor Lamb is close to pulling off a remarkable victory in Pennsylvania’s 18th Congressional District on Tuesday. President Donald Trump won the district by 20 points in 2016. Right now, the race is too close to call. Democrat Conor Lamb late Tuesday moved close to pulling off an improbable win, keeping […]

New arms race started by US pulling out of missile treaty – Putin

Russian President Vladimir Putin has denied accusations he revived an arms race by unveiling Russia’s new nuclear deterrent. That was done by US President George W. Bush killing a 30-year-old missile treaty in 2002, he told NBC. In an interview with NBC’s “Megyn Kelly Today” on Thursday, the Russian leader brushed off claims in the […]

Exxon pulling out of joint oil projects with Rosneft due to anti-Russia sanctions

Published time: 28 Feb, 2018 22:27 Edited time: 28 Feb, 2018 22:34 American oil giant Exxon Mobil Corp has announced its withdrawal from exploration and research projects with Russia’s Rosneft. The move, linked to Western powers’ anti-Russia sanctions, will cost Exxon some $ 200 million in losses. DETAILS TO FOLLOW Let’s block ads! (Why?)

Hedge funds are pulling in billions — here are the hottest strategies

REUTERS/Kai Pfaffenbach Hedge funds are expected to pull in $ 41 billion in fresh assets this year, according to a survey by Deutsche Bank. That’s a drop in the bucket for the $ 3.2 trillion industry, but it’s striking because hedge funds for years have not met their clients’ return targets. Event-driven, fundamental equity long-short […]

Instead of Running a Super Bowl Ad, Ford Is Pulling People around Minneapolis in a Sleigh that Looks Like a Dumpster

– Ford isn’t spending the big bucks on a Super Bowl commercial this year, but it has come up with a different way to self-promote around football’s biggest event of the year—in addition to paying to be called the Official Truck of the game, that is. It’s providing free transportation between NFL events in Minneapolis leading […]

Newcastle transfer news: Rafa Benitez 'confident' of pulling off deadline day deals

Newcastle’s only signing this month so far has been the loan acquisition of Chelsea defender Kenedy. Express Sport understands Benitez has held crisis talks with owner Mike Ashley in a bid to secure some fresh talent with the Magpies 15th in the table and above the relegation zone on goal difference. But speking ahead of […]

Norwegian Is Pulling out of Hartford, Reducing Transatlantic Frequencies to Edinburgh

Norwegian Cutting Hartford, Reducing Frequencies to EDI Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all […]

Pulling In The Reins

A Justice Department unit tasked with protecting workers employed by state and local governments hasn’t filed a single lawsuit under Title VII of the Civil Rights Act of 1964 since President Trump took office in January, a department official told BuzzFeed News. That breaks from nearly two decades of cases on record, raising questions from […]