Mark Wiedman, who oversees the world’s largest lineup of exchange-traded funds at BlackRock Inc., cut fees and forged a partnership with Fidelity Investments to attract more individuals to his iShares ETFs.
Robert D. Stuart Jr., the politically active heir to the Quaker Oats Co. who led the company for 15 years and, as a student at Yale Law School in 1940, ignited the America First movement against U.S. intervention in what became World War II, has died. He was 98.
After seven years of Cory Booker, Newark will choose its first mayor in a race in which one candidate has criticized his opponent for ties to moneyed Wall Street interests and supporters of the other were charged with setting fire to a campaign bus.
Newark, where Cory Booker scored Wall Street largesse and Twitter-feed fame, is poised for a fresh start under a new mayor, a son of the 1970s black-culture movement who’s not so eager for national attention.
Cory Booker strides to the lectern at a June reception honoring hedge-fund founder Bill Ackman. Pershing Square Foundation, Ackman’s philanthropic organization, had pledged more than $25 million since 2007 to help Booker’s poverty-wracked Newark, New Jersey, improve schooling, enhance parks and find jobs for ex-convicts.
A former Jefferies & Co. managing director charged with defrauding customers out of $2 million using tactics one U.S. official said were worthy of a used-car salesman, is the subject of a novel trial tied to the $700 billion Wall Street bailout.