Robert Mercer, co-chief executive officer of Renaissance Technologies LLC, was sued by household staff who said the fund manager didn’t pay overtime and docked wages for not replacing shampoo bottles or straightening pictures.
Hulu LLC’s owners are in talks to sell a stake in the streaming service to Time Warner Cable Inc. as they seek to create a stronger competitor to Netflix Inc., according to people with knowledge of the situation.
Hulu LLC owners Walt Disney Co., Comcast Corp.’s NBCUniversal and Rupert Murdoch’s 21st Century Fox Inc. called off their sale of the video-streaming service and will instead invest $750 million in the company.
One evening in late September, Mitt Romney supporters gathered at the $3 million Boca Raton, Florida, home of Marc Leder, the Sun Capital Partners Inc. co- founder behind the takeovers of retailers Friendly Ice Cream Corp., Limited stores and ShopKo Stores Inc.
Casino executive Sheldon Adelson gave $5 million to help stage the Republican National Convention, while Steven Spielberg’s Hollywood studio contributed $2 million to the Democratic convention, Federal Election Commission reports show.
The Democratic Party’s tax-fairness campaign theme pits Senator Chuck Schumer of New York, among the chief architects of that message, against some of his most influential constituents and top campaign donors.