Investment management

May 21, 2018 - 3:39 pm
Paul Durso is the President and founder of Durso Capital Management Co and Insight Folios Inc. both headquartered in Charlotte, North Carolina. Paul started Durso Capital Management in 2004 based on his belief that smart financial decisions impact the quality of one's life. Alongside that belief,...
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David Tepper smiles as he speaks to the media during a news conference where he was introduced as the new owner of the Carolina Panthers at the NFL owners spring meeting Tuesday, May 22, 2018, in Atlanta. (AP Photo/John Bazemore)
May 22, 2018 - 8:35 pm
ATLANTA (AP) — The new owner of the Carolina Panthers is committed to keeping the team in the Carolinas. And Charlotte is clearly his preferred choice. But David Tepper left a bit of wiggle room on his first day as owner of the team. The NFL unanimously approved Tepper's $2.2 billion purchase of...
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FILE - In this May 10, 2016, file photo, billionaire hedge fund manager David Tepper, addresses a gathering during a grand opening of rock star and philanthropist Jon Bon Jovi's Jon Bon Jovi Soul Foundation Soul Kitchen and B.E.A.T. Center, which stands for Bringing Everyone All Together, in Toms River, N.J. People familiar with the situation say Tepper has agreed to buy the Carolina Panthers from team founder Jerry Richardson for a record $2.2 billion. The people spoke to The Associated Press on Tuesday, May 15, 2018, on condition of anonymity because the team has not yet announced the sale. The purchase is subject to a vote at the NFL owners meeting next week in Atlanta. (AP Photo/Mel Evans, File)
May 15, 2018 - 2:55 pm
CHARLOTTE, N.C. (AP) — The Carolina Panthers are being sold for an NFL-record $2.2 billion. Hedge fund manager David Tepper has agreed to buy the Panthers from team founder Jerry Richardson, two people familiar with the situation said Tuesday. The people spoke to The Associated Press on condition...
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File - In this Wednesday, Sept. 20, 2017 file photo, Blackstone Group chairman and CEO Stephen Schwarzman speaks at the Bloomberg Global Business Forum, in New York. Schwarzman, CEO of private equity firm Blackstone, with an estimated net worth of $13 billion and serves as economic consultant to Trump, donated $10 million to the Israel's National Library. (AP Photo/Mark Lennihan, File)
February 08, 2018 - 6:25 am
JERUSALEM (AP) — An American billionaire and confidant of President Donald Trump is making a major donation to Israel's National Library. Stephen Schwarzman, chief executive of private equity firm Blackstone, says the $10 million donation is his first in Israel. The donation will fund classrooms...
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January 29, 2018 - 4:02 pm
SPRINGDALE, Ark. (AP) — Tyson Foods Inc. has invested in a food-tech startup that's developing methods to produce meat directly from animal cells. The Arkansas-based company announced Monday that its venture capital arm, Tyson Ventures, now has a minority stake in Memphis Meats. The terms of the...
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January 25, 2018 - 4:46 pm
BATON ROUGE, La. (AP) — A Louisiana man hired a professional makeup artist and disguised himself as an Orthodox Jewish businessman during a long-running scheme to scam investors and banks out of more than $96 million, according to a federal indictment issued Thursday. David D. deBerardinis, 56, of...
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FILE - In this Sept. 28, 2014, file photo, New York Yankees' Derek Jeter speaks to the media after the last baseball game of his career, against the Boston Red Sox, at Fenway Park in Boston. Two people familiar with the vote say major league owners have approved the sale of the Miami Marlins by Jeffrey Loria to an investment group led by Bruce Sherman and Derek Jeter. The people confirmed the vote to The Associated Press on condition of anonymity Wednesday, Sept. 27, 2017, because the approval had not been announced. One of the people said the vote was unanimous, with 75 percent approval needed. (AP Photo/Steven Senne, File)
September 27, 2017 - 8:05 pm
MIAMI (AP) — The Miami Marlins are Derek Jeter's problem now. Major league owners on Wednesday unanimously approved the sale of the woebegone franchise by Jeffrey Loria to an investment group led by Jeter and Bruce Sherman. The deal needed 75 percent approval. A signed $1.2 billion agreement was...
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September 23, 2017 - 1:10 pm
MIAMI (AP) — Jeff Conine, who goes by the nickname Mr. Marlin, is part of the purge of Miami Marlins executives before the sale of the team to Derek Jeter's investment group. Conine said Saturday he was told he won't be retained. He helped the Marlins win two World Series and has been a special...
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September 23, 2017 - 12:39 pm
MIAMI (AP) — Jeff Conine — who goes by the nickname Mr. Marlin — is part of the purge of Miami Marlins executives before the sale of the team to Derek Jeter's investment group. Conine said Saturday he was told he won't be retained. He helped the Marlins win two World Series and has been a special...
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FILE -- In this Sunday, May 28, 2017 photo made available Thursday July 27, 2017 Roma President James Pallotta, right, applauds as Francesco Totti salutes his fans after an Italian Serie A soccer match between Roma and Genoa at the Olympic stadium in Rome. The American president of the Roma soccer club is running out of patience. If regional authorities don't approve construction of a long-delayed new stadium for the team, Boston executive James Pallotta is prepared to sell the team. (AP Photo/Alessandra Tarantino)
July 28, 2017 - 11:39 am
ROME (AP) — The American president of the Roma soccer club is running out of patience. If regional authorities don't approve construction of a long-delayed new stadium for the team, Boston executive James Pallotta says he is prepared to sell the club. "We have to be breaking ground in February or...
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