Hedge Fund Platinum Partners requested to pull their money from the firm. Bernard Fuchs pulled some of his money for charitable donations. Though he insisted some of the investors to stay put, investors were alarmed and would like to do the same since the firm was under federal investigations.
Investors
Fed to Review Hollywood Foreign Influence & Investments
China is really trying to make their country grow in all aspects even on their entertainment field. The Chinese company is now in the final talk regarding on acquiring Dick Clark Productions in addition to its previous purchase of Legendary Entertainment for a reported $3.
China Cuts Red Tape Anomalies; Promotes Foreign Investment
China plans to have more upcoming investments in their mainland Premier Li Keqiang called for efforts to cut red tape and simplify procedures for new investment project according to a statement issued after an executive meeting of the State Council last Saturday.
2016 Bank of America Chicago Marathon Commences; Chumba, Kiplagat Aims to Defend Titles
Men and Women came to join again the said marathon to defend their titles and to be the best of the best.
Aetna Opens Up to Fund Apple Watches
Aetna is working on writing apps that can be used on iPhones, iPads and Apple Watches that will encourage its customers to take their medications, seek support groups for their diagnoses, or pay their premiums via Apple Wallet.
Latest News
The best performing sector as of midday Friday is the Utilities sector, which displays a stellar performance amongst others, up 0.2 per cent.
A new senior vice president has been announced by Inland Securities Corporation. Denise Faber has previously worked at John Hancock Financial and has hold several positions related to investments prior to joining with Inland Secuities.
Canada is trying to get their infrastructure as quickly as possible to spur growth. Prime Minister Justin Trudeau said that Canadian government is trying to dispense infrastructure investments into the economy as quickly as possible to spur growth.
Online marketplace mortgage financer LedInvest grew revenues by 133% in 2016 and turned a profit of £3.4 million accounts show.
AimCo's CEO is pleased to announce their partnership with Journey Energy Inc. Journey released 4.95 million investment. AimCo was so happy that it has victoriously enterted a strategic financing firm with Journey.
Despite overwhelming profits from gold this year, gold managers suggest caution to possible risks of deficit.
The European Union made a deal with the Afghanistan government. The agreement was signed on Sunday. Europe officials denied that the repatriation deal was a condition.
Walmart has nearly doubled its stake in China’s No. 2 e-commerce site, JD.com. In a regulatory filing with the Securities and Exchange Commission late Wednesday, Wal-Mart said that it has increased its stake in JD.
The Therapeutic Goods Administration (TGA) of Australia seeks suggestions after it announced its plan to adopt new EMA guidelines. Said guidelines include clinical development of drugs against Duchenne Muscular Dystrophy (DMD). TGA will accept comments until 9 November.
