Michael J. de la Merced
Posts
Organizer of World Economic Forum in Davos Accused of Discrimination
A former employee sued the nonprofit, accusing it of denying professional opportunities because of her race and gender.
Mike Lynch, U.K. Tech Mogul, Is Acquitted of Fraud
Mr. Lynch, who was accused of defrauding Hewlett-Packard after it paid $11 billion for his software company, spent a decade working to clear his name.
GameStop Stock Surges Again on Social Media Buzz
A post on a long-dormant Reddit account suggested the trader known as Roaring Kitty had amassed a large stake in the video game retailer.
Berkshire Reports Drop in Profits but Formidable Cash Stockpile
The company’s first-quarter earnings were released before its annual investor meeting in Omaha.
Silver Lake to Take Endeavor Private, Valuing the Company at $13 Billion
Silver Lake, the investment company, will buy shares in the Hollywood and sports firm that it doesn’t already own, valuing Endeavor at $13 billion.
Mike Lynch, Former UK Tech Mogul, Face Trial for Defrauding HP
A criminal trial is set to begin for Mr. Lynch, the founder of the software company Autonomy, which was sold to Hewlett-Packard in 2011 and...
Soho House Seeks to Knock Back Its Critics
The members club operator disclosed improving financial results as it faces criticism from a short seller and weighs going private again.
Soho House Seeks to Knock Back Its Critics
The members club operator disclosed improving financial results as it faces criticism from a short seller and weighs going private again.
Berkshire Hathaway Reports Profit of $97 Billion Last Year, a Record
The conglomerate saw major gains in its insurance operations and in investment income. But revenues at its railroad and utility businesses declined from 2022.
Rising Markets Lift Hedge Funds to Huge Gains
The 20 best-performing hedge funds made $67 billion in gains last year, a big jump from the year before.