By Svea Herbst-Bayliss BOSTON -A U.S. federal judge ruled that Nuveen and trustees of its closed-end funds violated the Investment Company Act by stripping hedge fund Saba Capital of its…
By Michelle Price and Katanga Johnson WASHINGTON -U.S. authorities filed criminal and civil charges against the founder and former chief investment officer of investment adviser Infinity Q Capital Management LLC,…
NEW YORK – Bank of America Chief Executive Officer Brian Moynihan said the bank’s capital markets business “is down” so far in 2022, even as the investment bank continues to…
PARIS -Shares in French power utility EDF lost early gains and were down 1.3% after Les Echos reported that the government is leaning towards a more than 2 billion euro…
ISTANBUL – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial report, with the amount to…
By Marine Strauss BRUSSELS – ArcelorMittal, the world’s second largest steelmaker, said on Thursday it would increase its dividend and announced a new $1 billion capital return for the first…
PARIS -Asset manager BlackRock crossed the 5% threshold in scandal-hit French elderly care home operator Orpea folllowing the purchase of shares on and off the market, stock market watchdog AMF…
DUBAI – Dubai-listed investment bank SHUAA Capital said on Tuesday it has filed a registration statement with the U.S. Securities and Exchange Commission for the launch of a $100 million…
By Ross Kerber – The Teamsters union wants four large U.S. retailers to investigate if companies in their supply chains are underpaying workers, hoping the retailers will use their leverage…
By Svea Herbst-Bayliss -Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to raise money for a new…
By Simon Jessop LONDON – NextEnergy Capital said on Monday it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD…
WASHINGTON – New orders for U.S.-made capital goods were unexpectedly unchanged in December, suggesting a loss of momentum in business spending on equipment amid shortages. The Commerce Department said on…
DEL RIO, Texas – Three southwest Texas men were arrested Jan. 19, for their role in a Capital Murder case resulting in the death of a 11-year-old child. Special agents…
Two explosions set off in the Ugandan capital, Kampala, on Tuesday have killed at least three people and injured dozens of others, the Associated Press reported. “The bomb threats are…
Two bombs exploded in the Syrian capital of Damascus during rush-hour traffic, killing 14 people just after the country reopened for tourism, the Associated Press reported on Wednesday. The explosives…
TRENTON, NJ – The Mercer County Homicide Task Force and the Trenton Police Department is investigating an overnight shooting at Donnelly Homes that left one man dead. Just after 11…
Dwight Fiero, Who Falsely Claimed to Be a Combat Veteran, Pleaded Guilty to Felony Scheme to Defraud and Grand Larceny NEW YORK – New York Attorney General Letitia James and…
AG James Continues Statewide ‘HealNY’ Tour to Deliver Money to Cities and Counties Ravaged by Opioid Epidemic, Stops in Albany County Today NEW YORK – New York Attorney General Letitia…