Top Apollo credit executives; new hires from Goldman, Bank of America
Apollo Global Management has been quietly building out its credit team as the pandemic rages on and investors await a flurry of deal activity. Recent
Why Trump got ghosted by conservative megadonor Robert Mercer
Robert and Rebekah Mercer ranked among President Donald Trump’s most influential backers in 2016. But they’ve all but abandoned the embattled president and aren’t likely
Hedge funds are being forced to rethink how they use alt datasets
Alternative data is an increasingly important part of hedge funds’ investment processes, but the pandemic has changed the way firms use the info. Traditionally, quants
Warren Buffett sold ‘Big 4’ airline stocks, Q2 earnings show why
Warren Buffett sold the “big four” airline stocks in April because he feared the pandemic would hammer demand for flights and lead to big losses
Retail sales near pre-lockdown levels in June
. . UK retail sales were near pre-lockdown levels in June, as the reopening of shops released pent-up demand. The amount of goods sold last
Stock market 2020 election strategy, investing advice from Wall Street
The 2020 US presidential and congressional elections are less than four months away. So far, it seems, investors don’t know what to make of that. Expected
Google, Facebook, Amazon, Apple hearing faces delay
. . . The meeting was due to examine whether the four firms were too powerful A showdown between the US government and the four
Cushman, CBRE, and JLL likely to see huge declines in earnings
Analysts are predicting one of the most bruising quarters in recent memory for major real-estate firms such as CBRE, Cushman & Wakefield, and JLL, which
Coronavirus pushes automakers and car dealers to sell more online
Automobile makers have transitioned to selling their products online rather than in-person. Coronavirus concerns and government shutdowns are forcing dealerships to conduct business digitally. Digital
Profile of Goldman Sachs trading executive Ram Sundaram
Under CEO David Solomon, Goldman Sachs has marketed itself as a kinder, gentler investment bank — a “holistic” client adviser that served avocado toast at
Coronavirus: Disney delays blockbuster films due to pandemic
. Walt Disney Studios . The next Mulan is a live action remake of the animated hit movie Walt Disney has delayed and postponed the
3 books reveal ‘shadowy’ conspiracy to destroy American democracy
Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the “Pitchfork Economics” podcast