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Sam Altman steps down as CEO of American artificial intelligence developer OpenAI following a vote from the company's board of directors demanding his resignation. In response, fellow co-founder Greg Brockman quits his role as president of OpenAI. Mira Murati takes over as interim CEO.
2023-11-17

A short squeeze causes GameStop stock to increase tremendously after Reddit users predicted a hedge fund closure over the last week.
2021-01-27

Two weeks after Elon Musk expressed his intentions of making Tesla, Inc. private, he and the company's board announce that the company will remain publicly listed.
2018-08-24

The board of TransAsia Airways decides to dissolve the company after halting flights on Tuesday.
2016-11-22

Hedge fund impresario Bill Ackman faces skeptical questioning from investors after his Pershing Square fund loses big on both Herbalife and Valeant Pharmaceuticals.
2016-04-6

Following a court order that payments to most bondholders be stopped until holdouts were paid, Argentina has defaulted on some of its bonds after negotiations fell short of reaching a deal with hedge fund investors demanding a full payout of US$1.3 billion on bonds.
2014-07-31

The U.S. Supreme Court finds against the Republic of Argentina on a discovery issue in its litigation against hedge fund NML Capital, and refuses to hear appeals on the substantive issues in the same litigation: a victory for hold-out bond-holders against a defaulting sovereign.
2014-06-16

Yahoo webcams may have been hijacked by the GCHQ according to leaks in "The Guardian".
2014-02-27

Sri Lankan-American Raj Rajaratnam, a former hedge fund tycoon, is sentenced to 11 years in jail for insider trading.
2011-10-13

The board of directors of NYSE Euronext meets to discuss a proposed merger with Deutsche Börse, while New York's U.S. Senator, Chuck Schumer tells reporters that he is confident the NYSE would run the merged entity.
2011-02-13