Daniel Loeb, a Cuomo donor, makes racial remark about a black NY senator

The hedge fund manager Daniel S. Loeb, a prominent supporter of charter schools and a major financial backer of Gov. Andrew M. Cuomo and congressional Republicans, accused the African-American woman who leads the Democrats in the New York State Senate of having done...

Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter...

General Electric’s new CEO places $2.7 million bet on company’s future

General Electric’s new Chief Executive Officer John Flannery made a big bet that the industrial company’s flagging fortunes will improve, buying nearly $2.7 million in GE stock, according to a regulatory filing.Flannery bought 103,983 GE shares for his...