While growing up in Seattle, Enrique Rico's mom cleaned the posh homes of Microsoft employees. When Rico tagged along on sick days from school, he dreamed of having the life of a technology worker.
Investors' concerns about company leverage hit a ten-year high as they continued to position against the risk of a global trade war, Tuesday's Bank of America Merrill Lynch's January fund manager survey found.
Proxy advisory firm Institutional Shareholder Services is recommending that shareholders elect two dissident nominees at Luby's Inc after the current board oversaw "alarming underperformance" at the casual dining chain.
Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist hedge fund are deepening their relationship roughly a year after ValueAct first invested in Citi.
Multibillion-dollar U.S. hedge fund investor Schonfeld Strategic Advisors opened an office in London and hired two portfolio managers as the firm seeks to make more investments outside of the United States, an executive said on Friday.
At the Springdale Ice Cream and Beverage factory in Cincinnati, workers were coming to the human resources department with money troubles, wanting cash advances on their pay.
