Edition:
United States

Lawrence Delevingne

New York hedge fund founder charged with fraud over Neiman Marcus bankruptcy

Sep 03 2020

NEW YORK The founder of a New York hedge fund was criminally charged on Thursday with pressuring a rival not to bid for assets related to Neiman Marcus' bankruptcy so he could buy them at a lower price, the U.S. Department of Justice said on Thursday.

U.S. big tech dominates stock market after monster rally, leaving investors on edge

Aug 28 2020

BOSTON, MA.U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.

RPT-ANALYSIS-U.S. big tech dominates stock market after monster rally, leaving investors on edge

Aug 28 2020

BOSTON, MA., Aug 28U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.

Trump says he saved 51 million jobs in pandemic. Economists, U.S. officials say otherwise

Aug 27 2020

By Lawrence Delevingne, Chris Prentice, Michelle Price and Jeff Mason

Marble Ridge to liquidate funds after Neiman Marcus scandal: letter

Aug 21 2020

BOSTON Distressed investment firm Marble Ridge Capital LP plans to wind down its funds after a government report called into question the actions of its managing partner, Dan Kamensky, during the Neiman Marcus Group bankruptcy, the firm said on Thursday.

GLOBAL MARKETS-Asian shares struggle as Chinese data misses forecasts

Aug 14 2020

TOKYO/BOSTON, Aug 14 Asian shares fell on Friday and European stocks were set to open lower after lacklustre Chinese economic data and worries about a delay in U.S. fiscal stimulus discouraged some investors from taking on risk.

GLOBAL MARKETS-Asian stocks falter after China data disappointment

Aug 13 2020

TOKYO/BOSTON, Aug 14 Asian shares fell on Friday after lacklustre Chinese economic data and worries about a delay in U.S. fiscal stimulus discouraged some investors from taking on risk.

GLOBAL MARKETS-Asian shares to pause ahead of China data, U.S. 'altitude sickness'

Aug 13 2020

BOSTON, Aug 13 Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session.

GLOBAL MARKETS-Asian stocks grind higher, dollar slips as U.S. data brightens mood

Aug 12 2020

* U.S. inflation beat expectations, virus looks to be stalling

World News

Exclusive: China sharply expands mass labor program in Tibet

China is pushing growing numbers of Tibetan rural laborers off the land and into recently built military-style training centers where they are turned into factory workers, mirroring a program in the western Xinjiang region that rights groups have branded coercive labor.