News

12 vintage commercials that reveal who Trump was before he became president

President Donald Trump made regular appearances in commercials and movies in the decades before he was president. Trump appeared in ads for everything from computers to McDonald’s to promotions for his casinos from the late 1980s onwards. The president was a real estate mogul and reality TV star before he […]
12 vintage commercials that reveal who Trump was before he became president
Markets

$32 billion money manager Angelo Gordon told investors its ‘Super Fund’ is up slightly for the year after big bets on Puerto Rican debt and Toshiba

Angelo Gordon’s $US1.9 billion multi-strategy hedge fund, known as the Super Fund, has returned 3.4% through April, but a letter to investor says the firm has lost two portfolio managers that started the firm’s liquid credit strategy. Michael Liebman and John Rudic resigned from the manager this quarter, the letter […]
$32 billion money manager Angelo Gordon told investors its ‘Super Fund’ is up slightly for the year after big bets on Puerto Rican debt and Toshiba
Markets

Toshiba is on the edge after an $8.3 billion writedown

Toshiba chairman Shigenori Shiga has resigned as the Japanese conglomerate teeters on the edge of collapse after posting a provisional ¥500 billion ($AU5.7 billion) loss for the nine months to December 31. The figure was ¥100 billion more than reports earlier in the day when the company missed its own […]
Toshiba is on the edge after an $8.3 billion writedown