In the midst of an ongoing New York State investigation into the accounting practices of some of the country's largest private equity firms, two Republican Congressmen asked State Attorney General Eric Schneiderman's office to "cease its efforts" with regard to requests for tax information made directly to the entities involved, The Huffington Post reported last week.
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VP Debate Recap: Dems Would Raise Tax Increase Threshold, Ryan Insists Republican Plan Wouldn't Hurt Middle Class
In what could be good news for the middle class (if President Barack Obama is re-elected), Vice President Joe Biden during a debate on Thursday with GOP vice-presidential candidate Paul Ryan signaled a possible change in the Democrats' longstanding position on tax rate increases, raising the threshold for increases from families with annual incomes of more than $250,000, to those making one million or more.
Billionaire Larry Ellison Rumored to Bid on AEG Sports and Entertainment Empire
The third richest man in America and the sixth richest billionaire in the world, Oracle founder and CEO Larry Ellison, is interested in bidding on the Anschutz Entertainment Group (AEG) sports and entertainment empire, Reuters reported this morning based on two inside sources.
'Cardinal of College Football' ESPN Commentator Beano Cook Has Passed Away
Beano Cook, whose real name was Carroll Hoff Cook, passed away in his sleep, the University of Pittsburgh announced today, as reported by ESPN. He was 81.
Apple vs. Google Battle: Google CEO Eric Schmidt Calls it the Mobile Industry's 'Defining Fight'
Google CEO Eric Schmidt called the contentious relationship between Google and Apple, the industry's defining fight in an interview in New York on Wednesday.
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Yesterday NYC Mayor Michael R. Bloomberg and Bloomberg Philanthropies hosted a private summit to discuss ways of attracting tech businesses to New York, and make sure that the US keeps its edge in tech innovation, amNew York reported today.
The fastest-growing venture capitalist firm in Silicon Valley, Andreessen Horowitz, announced that former Washington mayor Adrian Fenty will join its team as a special advisor, The New York Times reported on Wednesday.
Equity International chief executive Gary Garrabrant has left the U.S. private equity firm. Equity International chief executive Gary Garrabrant has left the U.
An investor in Tesla Motors Inc thinks it may be time for big competitors of the electric car maker to admit defeat on their electric models and focus on the next technological leap, perhaps flying cars.
The co-chief executive of Morgan Stanley's Asia operations said on Wednesday China IPO regulators should protect investors.
Global private equity fund Blackstone Group LP has appointed James Carnegie as a senior adviser as the firm chases buyout opportunities in Australia.
The head of Indiareit Fund Advisors has decided to step down to explore setting up his own fund. The head of Indiareit Fund Advisors, an Indian real estate fund and unit of drugmaker Piramal Healthcare, has decided to step down to explore setting up his own fund, sources familiar with the development told Reuters on Saturday.
Brokerage firm Knight Capital Group Inc has appointed three new directors. Brokerage firm Knight Capital Group Inc has appointed three new directors, including the chief executive of TD Ameritrade Holding Corp, three weeks after it received a $400 million outside investment, the Wall Street Journal reported, quoting people familiar with the matter.
Chief Executive Stephen Schwarzman was looking for more than just a business unit chief. When Blackstone Group LP named a new global head of private equity last month, Chief Executive Stephen Schwarzman was looking for more than just a business unit chief.
