You would think that the trades that busted MF Global and Long-Term Capital Management would be barred under Volcker. Think again.
FORTUNE -- On Tuesday, regulators approved the long-awaited Volcker Rule. The final rule, which was also unveiled on Tuesday, was widely expected to be stricter than originally proposed. And in some ways it was. Bank CEOs will be required to certify that their firms are not violating the rule, which MOREStephen Gandel, senior editor - Dec 10, 2013 3:02 PM ET
So far, emerging markets investors have shrugged off protests in the Ukraine and Thailand, but they do so at their own peril.
By Cyrus Sanati
FORTUNE -- The eruption of popular protests in Thailand and Ukraine over the weekend shouldn't be taken so lightly by emerging markets investors. The two seemingly unrelated disturbances both revolve around deep-seated and unresolved political issues, which have been simmering for years. Should either of them MOREDec 10, 2013 11:58 AM ET
As rent rates rise and incomes remain stagnant, Americans are feeling the squeeze.Nin-Hai Tseng, Writer - Dec 10, 2013 11:03 AM ET
American Infrastructure MLP Fund busts through its target.
FORTUNE -- American Infrastructure MLP Fund has closed its second investment fund with $800 million in capital commitments, Fortune has learned. The Foster City, Calif.-based firm originally targeted $750 million, and now manages over $1.5 billion in total capital (including co-investment opportunities afforded LPs).
The Foster City, Calif.-based firm was founded in 2006 by Bob Hellman, who previously was with McCown De Leeuw & Co. MOREDan Primack - Dec 9, 2013 4:05 PM ET
London private equity investor Alex King leaving HgCapital.
FORTUNE -- Alex King has resigned as a partner with European private equity firm HgCapital, Fortune has learned. He had joined the London-based firm eight years ago, and served as head of its tech, media and telecom investment team.
His deals with HgCapital have included Iris Software Group, NetNames, Computer Software Holdings, TeamSystem, Manx Telecom and Epyx.
Prior to joining HgCapital in May 2005, he spent MOREDan Primack - Dec 9, 2013 2:57 PM ET
Verizon bulks up its content delivery business with Edgecast purchase.
FORTUNE -- Verizon (VZ) this morning announced an agreement to purchase EdgeCast, a Santa Monica, Calif.–based provider of content delivery networks for such clients as Twitter (TWTR) and Hulu.
No financial terms were disclosed, but Fortune has learned that the purchase price is around $390 million. This apparently includes some cash that Edgecast still hasn't spent from a $54 million funding round that MOREDan Primack - Dec 9, 2013 12:46 PM ET
Clinkle still wants to kill Square. But first it needs to get its own house in order.
FORTUNE -- Clinkle, a stealthy mobile payment startup that recently raised the largest seed financing round in history, today has completed an internal reorganization. Or, in other words, layoffs.
Fortune has learned that the San Francisco-based company has issued pink slips to 16 employees, or just around 25% of its staff. No word yet on MOREDan Primack - Dec 9, 2013 12:37 PM ET
The stock and bond markets have been moving in the same direction lately, and that has some worried.Stephen Gandel, senior editor - Dec 9, 2013 12:28 PM ET
It has been nearly one year since Cerberus pledged to sell Freedom Group, in the aftermath of the Newtown killings. So why does it still own America's largest gun maker?
FORTUNE -- It has been nearly one year since the Sandy Hook massacre, which also means it's been nearly a year since private equity firm Cerberus Capital Management pledged to sell Freedom Group, a firearms and ammo company whose products include the Bushmaster MOREDan Primack - Dec 9, 2013 12:08 PM ET
You're going to like this interview with The Men's Wearhouse founder George Zimmer. We guarantee it.
FORTUNE -- It was the firing heard around America. George Zimmer was out at The Men's Wearhouse (MW), after 40 years and countless television ads in which he guaranteed that customers would like the way they look.
The company's initial termination announcement was terse and without explanation, sparking social media outrage among some customers and MOREDan Primack - Dec 9, 2013 5:00 AM ET
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