hedge funds

Klarna Reportedly Selling UK BNPL Loans to Hedge Fund Elliott
Klarna Reportedly Selling UK BNPL Loans to Hedge Fund Elliott
October 16, 2024  |  BNPL

Klarna is reportedly selling most of its British buy now, pay later (BNPL) loans. The deal with American hedge fund Elliott will free up as much as $39 billion for...

READ MORE >
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
September 30, 2024  |  Retail

CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30)...

READ MORE >
Report: Private Equity Sits on $3 Trillion as Dealmaking Slows
Report: Private Equity Sits on $3 Trillion as Dealmaking Slows
May 26, 2024  |  Investments

Private equity firms are reportedly holding onto a record 28,000 companies worth $3 trillion-plus. It’s a situation outlined in a report Sunday (May 26) by...

READ MORE >
SEC to Enhance Reporting Requirements for Hedge Fund Advisers
SEC to Enhance Reporting Requirements for Hedge Fund Advisers
February 08, 2024  |  Regulation

The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. These changes, adopted in conjunction with the Commodity Futures Trading...

READ MORE >
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
December 21, 2023  |  Cryptocurrency

A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British...

READ MORE >
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
June 13, 2023  |  Retail

Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties,...

READ MORE >
Today in the Connected Economy: Amazon Expanding Palm-Print Payments
Today in the Connected Economy: Amazon Expanding Palm-Print Payments
August 10, 2022  |  Connected Economy

Today in the connected economy, Amazon is reportedly preparing for the largest ever rollout of its palm print payment technology. Also, Kohl’s expands its buy...

READ MORE >
Fed: US Banks Vulnerable To Loss From Pandemic
Fed: US Banks Vulnerable To Loss From Pandemic
May 17, 2020  |  Banking

U.S. banks could be at risk for massive losses as the pandemic strains their resources, the Federal Reserve warned in its semi-annual report on financial...

READ MORE >
Hedging Bets, Hedging Taxes As Taxman Cometh For Cryptos   
Hedging Bets, Hedging Taxes As Taxman Cometh For Cryptos  
August 13, 2018  |  Investments

If the world of cryptocurrencies is relatively nascent, unformed, without a clear roadmap … guess what else is equally opaque? Tax policy. Specifically, as Fortune...

READ MORE >