Receive Breaking News updates as they occur
OAKLAND, Calif. (AP) — Kevin Durant dazzled against his old team once again with a season-best 40 points, and the Golden State Warriors beat Oklahoma City 121-100 on Wednesday night despite Russell Westbrook's 21st triple-double for the Thunder.
Investors are starting to sour on the idea of reimbursing hedge funds for multi-million dollar trader bonuses, lavish marketing dinners and trophy office space. Powerful firms such as Citadel LLC and Millennium Management LLC charge clients for such costs through so-called "pass-through" fees, which can include everything from a new hire's deferred compensation to travel to high-end technology. Clients of shops that made money, including Paloma Partners and Hutchin Hill Capital LP, were left with returns of less than 5 percent partly because of a draining combination of pass-through and performance fees.
A Seoul court on Thursday denied a request to arrest one of South Korea's most powerful men, the heir to the Samsung Electronics juggernaut, in a setback to prosecutors investigating an influence-peddling ...