Clarion Partners LLC, a real estate owner overseeing almost $30 billion, made millions buying Manhattan office buildings and towers in Seattle and Houston after the U.S. property crash began six years ago. It’s now moving to the outskirts of big cities.
A News Corp. unit that used lessons gleaned from gangster films to motivate employees and crush rivals is the latest arm of Rupert Murdoch’s media empire to be swept up in a probe that began with hacking and bribery allegations.
More than a dozen Chinese developers gathered for breakfast at a Los Angeles hotel one Sunday earlier this month before taking off for meetings with property brokers, attorneys and potential business partners.
A former executive at expert- networking firm Primary Global Research LLC, James Fleishman, was found guilty of helping pass confidential information to fund managers as part of an insider-trading scheme.
New York City’s $140 billion retirement system pays Wall Street money managers about $360 million a year, the only one of the 11 biggest U.S. public- worker pensions that refuses to manage any assets internally. Larry Schloss, the city’s chief investment officer, says the practice must end.
News Corp.’s response to allegations of hacking from its U.S. marketing arm was “rudimentary and deficient,” according to an expert hired by a New Jersey company that said its password-protected website was accessed illegally.
Prosecutors investigating hacking and bribery allegations at Rupert Murdoch’s News Corp. are seeking to interview a former employee of a U.S. unit who claims knowledge of illegal activity at the company, according to a person familiar with the matter.
A New York Post article saying J.C. Penney Co. is ending a home-goods deal with Martha Stewart’s company while facing a Macy’s Inc. lawsuit is the subject of a court hearing set for Sept. 25, a person familiar with the matter said.
News Corp.’s New York Post was sued by a high school student and a 24-year-old man who claim a front-page photograph of them at the Boston Marathon finish line before it was bombed falsely implied they were suspects.