People
Private equity lures Washington heavyweights with huge paydays after government stint- report
The 2012 controversy involving the private equity industry and Washington has not stopped the industry from continuing to offer former public officials with huge paydays, Politico reported.
Lawmaker looks to stop bond sales for California's high-speed rail system
Assemblyman Jeff Gorell has proposed to put a measure before California's voters to halt bond sales to finance the state's high-speed rail system, Reuters reported.
Ex-Health Management Associates Inc CEO is defendant in kickback lawsuit
Gary Newsome, a former CEO of Health Management Associates Inc, was named a defendant of a whistleblower lawsuit alleging kickbacks at the company, Bloomberg reported.
US bankruptcy judge rejects Fikser's planned sale to Hong Kong billionaire Richard Li
Judge Kevin Gross of the US Bankruptcy Court in Wilmington, Delaware on Friday rejected a planned sale of Fisker Automotive to Hong Kong businessman Richard Li. Gross ruled in favor a competitive bidding between Li and Chinese auto parts maker Wanxiang Group instead.