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The Spokesman-Review Newspaper The Spokesman-Review

Thursday, December 5, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: hedge funds

Hedge fund guts newspapers as it profits from their land

When the downtown building in Tennessee housing the Memphis Commercial Appeal newspaper sold last April, the name of the buyer – Twenty Lake Holdings LLC – seemed of little consequence. …

Robots in finance bring new risks to stability, regulators warn

Banks and hedge funds that rely on artificial intelligence threaten to inject risks into the financial system that could exacerbate a future crisis, according to global regulators.

Women, minorities are still nearly shut out of this $71 trillion industry

Women and minorities are locked out of some of Wall Street’s most lucrative positions, managing just 1.1 percent of the $71.4 trillion of the industry’s assets, according to a report …

Warren Buffett’s chosen index fund still beating hedge funds in bet

Warren Buffett continues to hold the lead in his bet that most investors are better off in a stock index fund than in a sophisticated hedge fund that charges hefty …

JPMorgan loss sets off call for heavier regulation

WASHINGTON — A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls today for tougher regulation of banks three years after their near-death experience in the …