Kushners’ Cadre Startup Benefited From Misleading Rent Filings
March 24, 2018

  • Buildings were first and only completed sale by Cadre
  • Client money from Goldman Sachs, new funding round, followed

Cadre, the real estate investing startup co-founded by White House senior adviser Jared Kushner, was the primary beneficiary of a property-flipping investment Continue reading

Musk Probably Won’t Move to Mars After $2.6 Billion Pay Approved
March 24, 2018
  • Award could yield CEO more than $50 billion if all goals met
  • New plan binds him to the electric-car maker for a decade

Here’s what Tesla Inc. shareholders just bought for $2.6 billion: a stronger guarantee that Elon Musk Continue reading

Regulator Seeks Kushner Loan Details From Deutsche Bank, Two Others
March 5, 2018

New York’s banking regulator has asked Deutsche Bank AG and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter.

The state’s Department Continue reading

Teacher Retirement Funds in 12 States Hold Gun Company Stocks
February 25, 2018

Teachers across Florida and at a high school where 17 people were shot dead on Feb. 14 pay into a retirement fund that invests in gun companies, it was revealed earlier this week.

It turns out they’re not alone.

Pension funds Continue reading

U.S. Stocks Sink Most Since 2011 as Rout Deepens: Markets Wrap
February 13, 2018

U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied Continue reading

Bitcoin Storms Back From Dip Below $10,000 in White-Knuckle Ride
January 27, 2018

Bitcoin’s wild start to 2018 turned breakneck on Wednesday, with the largest cryptocurrency plunging below $10,000 for the first time in six weeks before staging a rally to trade virtually unchanged.

The gyrations took the digital token across a trading Continue reading

Amazon Reveals Very Long Short List of 20 Cities for HQ2
January 26, 2018

Amazon.com Inc. narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Toronto among the contenders.

Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected Continue reading

How to Make Money Off Bitcoin Without Actually Owning It
January 6, 2018

It’s the equity investor’s conundrum: how to get access to the skyrocketing returns of bitcoin and blockchain without actually owning the tokens.

To Thomas Lee, a major bitcoin bull who heads research for Fundstrat Global Advisors, a dozen stocks should Continue reading

Bitcoin Lost Almost 20% of Its Value This Week
January 5, 2018

Bitcoin faced one of its biggest tests this week, losing almost 20 percent of its value after the world’s largest cryptocurrency reached a record high Monday.

The digital currency plunged as much as 30 percent on Friday, before paring losses, as Continue reading