News

A major public utility is seeking permission to raise rates to fund a clean energy program.

The clean technology industry offered a bright spot in an otherwise dreary economic picture for the city of San Jose, Calif.

Mayor Chuck Reed vowed to push ahead with San Jose’s program to generate 25,000 green jobs in the Bay Area’s largest city, noting that 1,500 clean-tech jobs were created last year.

It did not take long for Steel Partners’ controversial plan to transform its flagship hedge fund into a publicly-listed vehicle to attract virulent opposition, in the form of a lawsuit.

Robert Jaffe, who funneled billions of dollars to accused hedge fund fraudster Bernard Madoff, skipped out on his date with Massachusetts regulators this week.

A psychiatrist and trading coach is offering his help to stressed out hedge fund managers and investors with a consulting firm specializing in peak-performance coaching for hedge funds, institutional investors and traders.

GoldenTree Asset Management, facing huge redemption requests, is responding with something of a threat.

The Man Group, burned to the tune of about US$360 million in the alleged Ponzi scheme orchestrated by Bernard Madoff, plans to sue to recoup what they can of that investment.

Accused fraudsters Bernard Madoff and Marc Dreier apparently think that many hedge funds are saps. The Federal Bureau of Investigation apparently thinks so, too.

The global industry is little more than half the size it was at the beginning of last year, according to a new report.

Polar Capital is closing its largest hedge fund after the fund’s manager announced his intention to resign.