Who put up Trump’s $175 million bond? A subprime car loan billionaire who has run afoul of regulators
Don Hankey made a fortune building a subprime auto loan empire. Along the way, his companies racked up consumer complaints, regulatory fines and were sued by the DOJ.
Disney beat back activist investor Nelson Peltz. Now the real work begins
Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners’ Nelson Peltz.
Trump Media is the most expensive U.S. stock to short — by far
Trump Media, whose biggest shareholder is former President Donald Trump, is a hot stock for buyers,and sellers, after recently going public.
Apple says App Store and other services are back online after an outage
Apple’s digital storefront, a source of high-value sales in the company’s Services business, encountered downtime Wednesday, prompting social media complaints.
Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance
Former Twitter exec Nick Caldwell is suing Elon Musk and X over unpaid severance, and alleging a breach of contract.
Here are the top investment ideas out of the Sohn conference, including an e-commerce play
The 2024 Sohn Investment Conference took place in New York took place Wednesday, with a slew of hedge fund managers highlighting their top ideas.
Trump loses late bid to delay New York hush money trial
Donald Trump, the presumptive Republican presidential nominee, is charged with falsifying business records related to a payoff to porn star Stormy Daniels.
Greenlight’s David Einhorn unveils chemicals company Solvay as top investment idea
The hedge fund investor disclosed the new position Wednesday at the Sohn Investment Conference in New York.
Costs at some colleges nearing $100,000 per year, but many families pay a lot less
The list prices at some colleges are nearing six figures; however, thanks to financial aid programs, the net cost can end up being much less.
Shvartsman brothers plead guilty to insider trading on Trump Media merger plans
Michael and Gerald Shvartsman made more than $22 million in an insider trading scheme related to the planned merger of Trump Media and a shell company.
