- Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
NOTW reporters tried to access 9/11 phone data: report
LONDON (Reuters) - Britain's Daily Mirror newspaper reported on Monday that News of the World journalists had offered to pay a New York police officer to retrieve the private phone records of victims of the September 11, 2001, attacks.
Citing an unidentified source, the newspaper said journalists had wanted the phone numbers of the dead as well as details of the calls they had made and received in the days leading to the attacks.
News Corp chief executive Rupert Murdoch last week shut down the News of the World, Britain's top-selling Sunday tabloid, as allegations grew that its journalists had illegally accessed the voicemails of thousands of people, from child murder victims to the families of Britain's war dead.
The police officer, who now works as a private investigator, said at the time that he would turn down the request because of "how bad it would look," the source was quoted as saying.
(Reporting by Karolina Tagaris; Editing by Janet Lawrence)
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