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The closures are badly timed for Disney, as protests in Hong Kong and weaker consumer confidence have hit both parks in recent months.
"Just imagine having something that every time you just hit a click the cash register rung somewhere around California."
The pair splurged at least $140 million in investor cash on dozens of properties and more than 150 cars including a $1 million Mustang.
A billionaire investor dubbed ‘the next Warren Buffett’ tore into WeWork in a private letter to clients
Baupost Group's Seth Klarman blasted WeWork cofounder Adam Neumann's $1.7 billion golden parachute as the "epitome of capitalist excess."
Legendary investor Bill Miller scored 120% returns though he did ‘nothing’ in the last months of 2019
The typical hedge fund failed to post returns in the double-digits in 2019 — but Bill Miller's fund capped off the year more than doubling.
The outbreak is hammering tourism, retail, and airline stocks, while healthcare stocks are rallying. Markets are set to close for the Chinese New Year holiday.
Private-market investment is a hot topic at Davos. A wealth expert broke down the opportunity for us, which he says is a cheap alternative to stocks a...
Rich Nuzum, president of Mercer's wealth business, makes a compelling case for an increased allocation to private market and alternative investments.
A hedge-fund billionaire who invests like Warren Buffett is hoarding cash and warning the bull market won’t last
"The rocket fuel that has propelled markets in 2019 will run out," Seth Klarman, whose nickname is the "Oracle of Boston," told his investors.
"I was worried about him, because he's one of our great geniuses, and we have to protect our genius."
"We would argue the risk of an economy-crippling pandemic is a good enough reason to sell out," one analyst said about Chinese stocks.