Brian Roberts' bid to combine the nation's two largest cable providers delivers a blow to King Content.
FORTUNE -- Here's a good question to ask about the Comcast-Time Warner Cable deal that was announced Thursday morning: Why isn't Comcast (CMCSA) CEO Brian Roberts buying Viacom (VIA)? Or Fox (FOXA)? Or Time Warner (TWX) (the owner of Fortune, for now)?
Instead, Comcast is spending $45 billion to combine the nation's No. 1 and MOREStephen Gandel, senior editor - Feb 13, 2014 11:25 AM ET
Mathew Martoma is the eighth former trader at the billion dollar hedge funders' firm to be found guilty.Stephen Gandel, senior editor - Feb 6, 2014 4:53 PM ET
Shares are down, but not the ones you would expect.
FORTUNE -- The recent stock selloff has people once again freaked out about the market. But perhaps it shouldn't.
CNNMoney's Fear & Greed Index is now again in extreme fear territory. A month ago, the gauge of investor sentiment was stuck on greed.
The conventional wisdom is that the selloff will be short-lived. The economy is strong. The stock market, which was up MOREStephen Gandel, senior editor - Feb 5, 2014 1:09 PM ET
Citigroup is the latest Wall Street bank to limit work hours, but that won't mean underlings will have more time to kick back.
By Sanjay Sanghoee
FORTUNE -- Citigroup, the nation's third-largest bank, is giving its junior bankers a break from Wall Street's infamously rigorous work hours. In a memo last week, the bank told its underlings they'll be required to take Saturdays off and use all their vacation time each year; the firm MOREFeb 4, 2014 10:17 AM ET
The online retailer has pitched the idea that it doesn't matter what it earns right now. That's led to a lot of guesswork and differing opinions.Stephen Gandel, senior editor - Jan 30, 2014 5:00 AM ET
If the investment bank was beaten by Washington, it didn't lose by much.
FORTUNE -- Goldman Sachs' announcement last week that its fourth-quarter earnings fell 19% from a year ago was greeted as a watershed moment.
New York magazine suggested Goldman (GS) bankers switch from Dom to André. The New York Times called Goldman wary, with a key unit in continued decline and facing uncertain regulations. Politico took the occasion to MOREStephen Gandel, senior editor - Jan 21, 2014 12:57 PM ET
Once a year, the CEOs and dealmakers who are members of Kappa Beta Phi gather behind closed doors to roast themselves. Why are they so worried about keeping the details private?
FORTUNE -- On Thursday night, Kappa Beta Phi, a secret society of Wall Street bigwigs, held its 82nd annual gala at the St. Regis Hotel in Manhattan. At these black-tie dinners, around 200 of the biggest names in finance carry MOREShawn Tully, senior editor-at-large - Jan 17, 2014 12:22 PM ET
JPMorgan Chase's earnings showed that one measure of the U.S.'s financial health still hasn't recovered.Stephen Gandel, senior editor - Jan 14, 2014 3:52 PM ET
A potential gold mine has entered the deep freeze.
FORTUNE -- Wall Street is no longer minting money off the snow. But it's still trying.
A few years ago, the market for financial contracts based on snowfall was, for lack of a better phrase, heating up. More and more firms began popping up to sell the specialized weather derivatives. Insurance firms hired traders who would focus on buying and selling the contracts. MOREStephen Gandel, senior editor - Jan 3, 2014 3:52 PM ET
The rule relies on a lot of self-reporting. That's not as bad as it sounds.Stephen Gandel, senior editor - Dec 16, 2013 11:21 AM ET
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