Finance

Melody Hobson Good

Wall Street’s Most Connected Black Woman Has An Ingenious Idea To Narrow The Wealth Gap

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Mellody Hobson, Co-CEO & President at Ariel Investments JAMEL TOPPIN FOR FORBES To boost more talented minority executives into the corporate stratosphere, Ariel Investments’ Mellody Hobson wants to install them at the top of existing businesses—and connect them with the customers and capital to succeed. Asa sixth grader in Chicago public schools in 1980, Mellody Hobson […]

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Man Utd takeover: Investors from Saudi Arabia join £5 billion race ahead of bid deadline

Man Utd takeover: Investors from Saudi Arabia join £5 billion race ahead of bid deadline

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With the deadline for takeover bids at Manchester United edging ever closer, investors from Saudi Arabia are reported to have joined the race. Offers need to be made by close of play on Friday Several parties have expressed interest Many of those are based in the Middle East WHAT HAPPENED? The Glazer family have opened themselves

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Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Flagship The Top-Earning Hedge Fund Ever

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Ken Griffin is the new hedge fund king, according to LCH Investments’ annual ranking of the world’s top 20 hedge fund managers, which estimates his Miami-based Citadel earned $16 billion in profits for investors last year and has posted $65.9 billion in net gains since inception in 1990.

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Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure

Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure

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Bob Iger, former CEO, The Walt Disney CompanyScott Mlyn | CNBC Bob Iger is back. Disney+, in a shocking late Sunday announcement, said it had reappointed Iger as chief executive, effective immediately, after Iger’s hand-picked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. “It is with an incredible sense

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Porsche

Porsche Stock Is a Wall Street Darling With 22% Surge Since IPO

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Photographer: Alex Kraus/Bloomberg Porsche AG is brimming with analyst favor a little over a month after its landmark initial public offering. Goldman Sachs Group Inc., JPMorgan Chase & Co., Citigroup Inc. and Deutsche Bank AG analysts rated the luxury carmaker a buy or equivalent on Tuesday, lauding its brand presence, focus on electric vehicles and resilient

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