1. Articles from Alex Morrell

    1-3 of 3
    1. 48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO

      48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO
      • Private-equity giant Blackstone Group has promoted Jonathan Gray to replace Tony James as COO.
      • Gray, 48, has run the firm's global real estate group since 2005.
      • Gray joined the firm out of college in 1992 and has built a billion-dollar fortune in his time there.

      Alternative-asset management giant Blackstone Group has tapped 48-year-old billionaire Jonathan Gray as its next chief operating officer, the company announced Tuesday...

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      Mentions: Blackstone
    2. Breaking News: It Looks like Nelson Peltz Might Have Won the Biggest Proxy Battle in History After a Recount

      Breaking News:  It Looks like Nelson Peltz Might Have Won the Biggest Proxy Battle in History After a Recount
      • Nelson Peltz appears to have won his proxy battle for a seat on Procter & Gamble's board.
      • In October, Peltz was initially reported to have lost the proxy vote by a slim margin.
      • Now, a recount shows Peltz actually won by 43,000 votes — a 0.002% margin.

      A little over a month ago, it looked like Nelson Peltz had been foiled in the biggest proxy battle in history...

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    3. 'The Federal Reserve has Done Nothing': Elizabeth Warren Urges the Fed to Clean House at Wells Fargo

      'The Federal Reserve has Done Nothing': Elizabeth Warren Urges the Fed to Clean House at Wells Fargo

      Sen. Elizabeth Warren wants the Federal Reserve to clean house at Wells Fargo, asking for the removal of the 12 members of the board of directors who served while the fake accounts scandal was ongoing.

      In a letter sent to Fed Chair Janet Yellen Monday, Warren argued that the directors present from 2011 to 2015, when Wells Fargo employees opened as many as 2.1 million accounts for customers without their knowledge, need to go — and that the Fed has the authority to remove them under a Congressional statute regarding the governance of insured depository institutions like Wells Fargo.

      "I ...

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    1-3 of 3
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    'The Federal Reserve has Done Nothing': Elizabeth Warren Urges the Fed to Clean House at Wells Fargo Breaking News:  It Looks like Nelson Peltz Might Have Won the Biggest Proxy Battle in History After a Recount 48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO Rite Aid Gains after Albertsons Agrees to the Buy the Drugstore Chain UPS's Long-Tenured Board Members Are a Red Flag for Investors Qualcomm Raises it Bid for NXP Semiconductors BHP CEO says to Meet Activist Investor Elliott this Week Qualcomm (NASDAQ: Qcom ) Lead Director Tom Horton Tells CNBC Progress Expands Board of Directors with the Appointments of Sam King and Angela Tucci Catalent Announces Changes to its Board of Directors Paycom Appoints Janet Haugen to its Board of Directors Rayonier Advanced Materials Announces Plan to Add Two New Independent Directors to Board