Warren Buffet has sought to bolster investor confidence about how Berkshire Hathaway will perform after he leaves the company but the lack of a succession plan has concerned investors, Reuters reported.
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Federal jury convicts former Jefferies & Co Managing Director Jesse Litvak of criminal case related to TARP
Jesse Litvak, a former Jefferies & Co Managing Director, was convicted of defrauding buyers in a criminal case connected to the US government's Troubled Asset Relief Program, Bloomberg reported.
HSBC's Natalie Blyth learns business lesson from bees
For investment banker Natalie Blyth, the bees gave her a business model to follow and teaches her lessons about "risk, efficiency and productivity," Reuters reported.
Pimco's Bill Gross: "I'm so sick of Mohamed trying to undermine me" but Pimco denies statement
A Reuters report quoted Pimco Co-Founder and Co-Chief Investment Officer Bill Gross as saying "I'm so sick of Mohamed trying to undermine me" but a Pimco spokesman denied Gross made the statement, Reuters reported.
Goldman Sachs Group Inc Global Head of Equity Sales Gaglioti to retire
Enrico Gaglioti, the Global Head of Equity Sales of Goldman Sachs Group Inc, will be leaving his post, Bloomberg reported citing an internal memo from the firm's co-trading heads.
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Blackstone Group Chief Executive Officer Stephen Schwarzman earned $374.5 million last year, representing an increase of 75% as the private equity firm's distributable earnings also went up 66% in 2013, Reuters reported.
John Thompson, the Chairman of Microsoft Corp, said the software maker must set its sights on using the company's vast resources to propel it to the right direction, Bloomberg reported.
Tom Stoddard, a Senior Managing Director at private equity firm Blackstone Group, will be serving as the Chief Financial Officer of Britain-based insurer Aviva Plc, Reuters reported.
CIA's former Chief Technology Officer Gus Hunt will be foraying into the venture capital space to serve as an advisor to investment firm Artis Ventures, VentureBeat reported.
Joseph Dear, the Chief Investment Officer of the biggest public pension fund in the US Calpers, passed away yesterday due to prostate cancer, Bloomberg reported.
Northwest Biotherapeutics, a company backed by venture capitalist Linda Powers, seeks to develop therapies for brain cancer and other tumors after nearly closing its doors a decade ago, Reuters reported.
Google Chairman Eric Schmidt said he will be putting money where his mouth is and donating $1 million to companies that will use technology to find solutions to global problems, TechCrunch reported.
Entrepreneur Steve Perlman finally unveiled the wireless technology his self-funded startup Artemis Networks has been working on for the past ten years. It's called pCell, VentureBeat reported.
Mt. Gox Chief Executive Officer Mark Karpelès has resigned as a board member from the Bitcoin Foundation, according to a source interviewed by The WSJ and confirmed by the foundation with a statement on its website.
