Watch CNBC’s full interview with Man Group CEO Robyn Grew

Watch CNBC’s full interview with Man Group CEO Robyn Grew

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Robyn Grew, the CEO of the largest publicly traded hedge fund, says hedge funds are ‘more relevant than ever,’ even as the industry suffers from outflows and underperformance. For its part, Man Group, in the most-recent quarter, reversed two quarters of outflows … Read more

Newsom touts California economy after big names exit for Texas

Newsom touts California economy after big names exit for Texas

California Gov. Gavin Newsom pushed back on bashing of the Golden State, trumpeting the state’s economy after some high-profile companies including SpaceX and Chevron announced plans to move their headquarters to Texas. The governor’s office this week touted the large number of California companies that Inc. magazine included in its recent ranking of fastest-growing private … Read more

Nasrallah’s possible successor out of contact since Friday

Nasrallah’s possible successor out of contact since Friday

A portrait of Hezbollah chief Hassan Nasrallah sits amid destruction in a area targeted overnight by Israeli airstrikes in Saksakiyeh on September 26, 2024. Mahmoud Zayyat | Afp | Getty Images The potential successor to slain Hezbollah leader Sayyed Hassan Nasrallah has been out of contact since Friday, a Lebanese security source said on Saturday, after an … Read more

James Dolan, Harvey Weinstein sexual-assault lawsuit tossed

James Dolan, Harvey Weinstein sexual-assault lawsuit tossed

A U.S. district judge has dismissed a lawsuit accusing Madison Square Garden Chief Executive James L. Dolan and disgraced movie producer Harvey Weinstein of sex trafficking and sexual assault. Judge Percy Anderson scrapped the complaint on Tuesday in the U.S. District Court of Central California. The lawsuit, filed in January, alleged that Dolan “manipulated” then-27-year-old … Read more

Universal City hotel expansion project clears city’s first hurdle

Universal City hotel expansion project clears city’s first hurdle

Construction of a new high-rise addition to the Hilton hotel in Universal City was approved by the Los Angeles Planning Commission, clearing a major hurdle for the long-planned expansion. The decision comes as Universal Studios and other popular tourist destinations in the region shine for hoteliers even as other properties in California’s urban centers struggle … Read more