Billionaire Soros a holdout while hedge funds dump Snap shares one quarter after buying them

Most of the big hedge funds that bought Snap shares in the first quarter sold them just one quarter later, leaving billionaire George Soros as the only major investor still owning shares in the social media company. David Tepper’s Appaloosa Management dissolved...

Benchmark is blocking attempts to sell Uber shares to other investors, say sources

Benchmark has repeatedly threatened to block any potential investment deal in Uber unless the board is capped at 8 people, reversing a June 2016 move by then-CEO Travis Kalanick to increase it to 11, sources tell CNBC. Over the weekend, the New York Times reported...

Jamie Dimon says racist behavior has no place in America, in note on Charlottesville

JPMorgan Chase CEO Jamie Dimon called the attack in Charlottesville, Virginia, over the weekend a disturbing display of bigotry and violence. One person was killed and 19 others injured when a white supremacist allegedly rammed a car into counterprotesters on...