Breaking News: Markets

Salesforce to open new AI center in London as part of $4 billion UK investment

LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…

U.S. appeals court rejects SEC oversight rule for private equity, hedge funds

A U.S. appeals court rejected a Securities and Exchange Commission rule intended to give investors more transparency into private funds,…

Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall

Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from…

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness…

Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial…

Citadel Securities and BlackRock back project to start a national stock exchange in Texas

BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas.…