Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance business dodged hurricanes and benefited from lower taxes.
Bank of America's Merrill Lynch Wealth Management said on Thursday that starting next year, it will give advisers more credit toward earning bonuses for recruiting clients worth $25 million than it will for recruiting clients who have less money.
BlackRock Inc Chief Executive Larry Fink said on Thursday the United States is on a path to a full-fledged trade war against China as the world's two largest economies engage in tit-for-tat tariffs.
Activist hedge fund Jana Partners told clients in a performance update that it lost 6.3 percent last month when stocks tumbled but that it remains in the black for the year to date.
For decades, some of our most prominent U.S. politicians have been sounding the alarm that Social Security is an important driver of the federal budget deficit. But is that really true?
TIG Advisors on Wednesday said it has bought a piece of Canadian mortgage investor Romspen Investment Corporation, marking the first time it has taken a stake in another hedge fund.
Spruce Point Capital Management, which focuses on in-depth research of companies' vulnerabilities, sees room for Dollarama Inc's stock price to tumble roughly 40 percent after the Canadian retailer raised prices and fewer customers are shopping at its stores.
